- XRP has fallen below $2.50 while Solana has dipped under $200.
- Dogizen’s DOGIZ token currently costs $0.000086 after six presale stage gains.
- Dogizen offers stability amid XRP and Solana’s price volatility.
XRP and Solana (SOL) are navigating through turbulent waters, with both assets experiencing significant price drops. With market sentiment pointing at further potential downturns, investors are looking for safer havens.
Dogizen, a newcomer in the crypto space, is presenting itself as a potentially stable investment avenue, particularly with its unique proposition as the first Telegram ICO.
XRP price falls below $2.5
After hitting a high of $3.38 on January 16, 2025, just a few cents shy from its all-time high of $3.40, which it hit on January 7, 2018, XRP has seen a sharp decline over the past two weeks. Its price has fallen by 26% in the past two weeks, positioning it below $2.50.
The Relative Strength Index (RSI) for XRP sits at 43.12, suggesting a balanced market where neither buyers nor sellers are in clear control.
The nearest resistance level is at $2.5698 with a support at $2.3282. Investors are closely watching these levels since a surge above $2.5698 could result in a new ATH, while a fall below the $2.3282 support could lead to further declines.
Solana (SOL) drops below $200
Similarly, Solana’s price is also grappling sharp price drop, having decreased by 26% over the last two weeks and 9.28% over the past month to trade at $198.98 at press time.
The RSI at 41.42 places Solana in a neutral zone, suggesting that the market is neither overbought nor oversold, thus providing potential for significant price movement in either direction.
With resistance at $218 and support at $194, Solana’s trajectory could go either way. Breaking above resistance would signal a bullish trend, potentially yielding a 13% increase, but a slip below support could see Solana dip to $185.
Dogizen offers a compelling alternative to investors
In contrast to the rollercoaster ride of XRP and Solana, Dogizen emerges with a different narrative. With the presale of its DOGIZ token nearing its end on February 7th, 2025, Dogizen has already raised $4,028,605 out of a $4,760,000 goal, showing significant investor interest.
The DOGIZ token is currently going for $0.000089 after steady…