Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

XRP ($XRP):

Overview

XRP is showing relative strength in a market that has experienced slight pullbacks across major assets, including BTC. Currently trading at $2.463, XRP remains within the broader range between $2.758 (resistance) and $1.962 (support). The asset is holding firmly above the 20 EMA on the 1-day time frame, which is positioned at $2.354 and is also taking support from an ascending orange trend line visible on the chart.

Analysis

• Current positioning: XRP is trading above the 20 EMA, reflecting its strength compared to other major assets. The EMA is acting as immediate support, preventing the price from slipping further during market pullbacks.
• Key support levels:
  1. $2.354 (20 EMA):
     • Immediate support level is crucial for maintaining the bullish structure.
  2. Orange trend line:
     • This ascending trend line has been a reliable support for XRP. A breakdown below this could lead to a liquidity grab, pushing the price lower.
  3. $2.14 - $2.01 (Blue box demand zone):
     • A strong accumulation zone if XRP slips further. This range has historically attracted significant buyer interest.
  4. $1.962:
     • The bottom of the medium-term range is a critical level to watch.
• Resistance levels:
  1. $2.758:
     • The top of the current range and the first resistance to break for further upside momentum.
  2. $3.317 (ATH):
     • XRP's all-time high remains the ultimate target for bullish continuation.
• Market behaviour: XRP's ability to hold above key supports while the wider market retraces showcases its strength. The potential for a liquidity grab below the orange trend line could lead to testing the blue-box demand zone or the lower range boundary.

Conversely, a breakout above $2.758 would signal a move toward the $3.317 ATH resistance. For this to happen, the wider market would need to get support at some point so that alts can start moving again.

Cryptonary's take

XRP is holding strong in a consolidating market, staying above its 20 EMA and key trend line. These levels are pivotal for maintaining bullish momentum. While a dip to the $2.14 - $2.01 blue-box demand zone could present an ideal accumulation opportunity, XRP's strength suggests it might continue to consolidate within the current range before attempting a breakout toward the $2.758 resistance.

The 1-day chart reflects a relatively strong structure for XRP, making it a compelling watch as the market navigates its next moves.

---

Optimism ($OP):

Overview

Optimism ($OP) is back-testing the daily demand zone, marked as the blue box ranging from $1.6 to $1.8. Currently trading at $1.63, OP has dipped to the lower end of this zone, touching a low of $1.58. This marks the second test of this critical support level, raising the possibility of a breakdown toward the next demand zone below.

Analysis

• Current positioning: Optimism is under some bearish pressure, struggling to hold the $1.6 - $1.8 demand zone. The price is trading below the 200 EMA on the daily time frame, which is currently at $1.95, indicating medium-term weakness.
• Key support levels:
  • $1.6 - $1.8 (Current demand zone):
    • Optimism is testing this zone deeply for the second time. A break below $1.6 could signal a deeper retracement.
  • $1.44 - $1.34 (Lower Demand Zone):
    • If the current demand zone breaks, this lower zone is likely to act as a strong support and potential accumulation area.
• Key resistance levels:
  • $1.818 (Near-Term Resistance):
    • Optimism must reclaim this level, which coincides with the 200 EMA, to regain momentum.
  • Yellow trend line:
    • This diagonal trend line, once a support, is now a resistance. It rejected OP recently, underscoring the bearish sentiment.
  • $2.315:
    • A key higher resistance level must be cleared to confirm a bullish reversal.
• Market structure:
  • The break below the yellow trend line and rejection from it further cement the bearish bias.
  • A clear break below $1.6 could lead to a test of the $1.44 - $1.34 demand zone, which has yet to be tested in this cycle.

Cryptonary's take

Optimism is at a critical juncture, with the current demand zone at $1.6 - $1.8 acting as a make-or-break level. If it holds, we may see a bounce toward the $1.818 resistance and possibly higher. However, the bearish rejection from the yellow trend line and the 200 EMA suggests a retest of the $1.44 - $1.34 demand zone is on the cards.

While OP remains in a retracement phase on the daily time frame, these pullbacks often create ideal long-term accumulation opportunities in strong projects. Traders should watch how OP reacts at $1.6, as a breakdown could provide discounted entry points in the lower demand zone.

---

DOGE:

Market context

The market sentiment has shifted into a relatively sideways or bearish outlook, and Dogecoin remains an asset that thrives on narratives and speculation. We previously analyzed the resilience of DOGE, noting how it maintained strong levels even during periods of market-wide retracement. Now, as we project forward, the broader macro sentiment and market behaviour will heavily influence its performance.

One of the key catalysts for DOGE’s recent outperformance was the Trump election narrative. The idea or connection the market made that Dogecoin could play a role in the “Department of Government Efficiency” or some form of adoption sparked speculative buying, leading to a massive rally. DOGE added an impressive $30 billion in market cap, rallying from $0.17 to $0.45 in a very short period. This performance was driven by pure speculative demand, and it was arguably one of the strongest narratives we’ve seen in the crypto space recently.

However, now that the initial hype has subsided, the focus shifts to how quickly these narratives materialize. The market will begin to price in the timeframe for implementation, such as whether crypto conversations under the Trump administration will lead to tangible developments anytime soon. This is important because speculative bidders who injected capital into DOGE at lower levels (around $0.17–$0.22) may start to take profits and rotate into other areas of the market.

Key levels to watch:

$0.30 Support Zone:

This level remains a key focal point. This is where a significant amount of demand has historically shown up, and it correlates strongly with Bitcoin’s reclaim of $91,000 during today’s market action. If DOGE can hold $0.30, we may see another round of speculative buying as participants step in to defend this area. It’s a psychological level that traders and investors alike will be watching closely.

$0.22–$0.17 Range:

This is where the initial move began during the Trump-driven rally. If the price breaks below $0.30, we would likely see DOGE revisit this zone, as it represents the base level of the previous rally.

This level would also align with where bidders previously entered to push prices upward, so it makes sense that this area would act as a strong support if tested again.

Price action and projection:

DOGE’s price action has always been narrative-driven, and while it performed exceptionally during the Trump speculation phase, the sustainability of this move now relies on how quickly the narrative can be reinforced. If broader cryptocurrency adoption or government efficiency conversations gain traction, DOGE may continue to see demand at higher levels.

However, given the current bearish-to-sideways market conditions, profit-taking and a gradual rotation into other assets are likely. We can anticipate some consolidation or retracement as the speculative fuel from the Trump narrative begins to fade.

Scenario 1 – Holding $0.30:

If $0.30 holds, we could see a range-bound structure form between $0.30 and $0.43, with buyers stepping in to defend key levels. A reclaim of $0.35 would indicate renewed momentum and open the door for a test of $0.43 resistance.

Scenario 2 – Breakdown to $0.22:

If $0.30 fails, the next logical level to watch would be $0.22, with an extended downside target at $0.17. This retracement would allow the market to reset, aligning with the levels where bidders originally entered during the Trump rally.

Macro Factors to Consider:

Trump administration’s impact:

• The rally was built on the idea of potential crypto adoption or integration under Trump. However, how quickly these developments materialize will significantly influence speculative behaviour.

Market sentiment:

• Broader market conditions remain key. With Bitcoin recently reclaiming $91,000, there’s potential for a short-term relief rally across alts like DOGE. However, sustained bullish momentum is unlikely without broader macro improvements.

Speculative rotations:

• As the initial Trump narrative fades, speculative capital may rotate into other assets or narratives, leaving DOGE in a more neutral-to-bearish state until new catalysts emerge.

Cryptonary’s take

DOGE remains a standout speculative asset, and its ability to capture attention and capital during market-wide uncertainty is a testament to its strong narrative-driven performance. However, we need to remain cautious, given the speculative nature of the recent rally.

• $0.30 is the key level to watch in the short term. It’s where demand has previously shown strength and correlates with BTC’s broader support levels.
• A break below $0.30 would likely lead to a retest of $0.22–$0.17, which could present a long-term accumulation opportunity for those looking to position for the next cycle.
• The broader narrative will depend on how quickly cryptocurrency gains attention in political and macroeconomic conversations. Until then, we expect sideways-to-bearish price action, with potential short-term opportunities around key levels.

We’ll continue to track DOGE closely over the next few weeks to see how these levels and narratives evolve.