Solana recent pullback may look like weakness on the surface, but it could be laying the groundwork for something much bigger. Following an extended bullish run, the ongoing correction is resetting momentum, taking out weak hands, and driving the price toward key demand zones. If history is any guide, such deep retracements often precede powerful expansions, positioning SOL for a potential breakout that could surpass previous highs. Correction Phase Sets The Tone For Solana’s Next Move Solana is getting a much-needed reality check, as highlighted by Crypto Patel, who emphasized that the journey to $1,000 will be far from smooth. Despite the excitement surrounding a potential move to $1,000, current price action suggests the market is cooling off after a strong rally. Corrections often create opportunities, especially for patient investors willing to wait for better entries rather than chasing prices at elevated levels. Related Reading: What The Solana Open Interest Is Saying About The Cryptocurrency Right Now From a structural standpoint, signs of distribution have emerged following the recent uptrend. Key support lies between $70 and $50, with notable liquidity resting below the $60 level, an area that could be targeted for a sweep. A breakdown below $70 may accelerate downside momentum, driving the price toward the $50 zone. Market behavior continues to highlight the contrast between retail and institutional participants. Retail traders often become emotionally attached to ambitious price targets, while smart money waits for discounted entries. These deeper corrections tend to shake out weaker hands, setting the stage for a stronger and more sustainable expansion later on. Looking ahead, the short-term bias remains bearish below $70, with expectations of a possible move beneath $50. The $70–$50 range stands out as a key accumulation zone, while long-term projections still point toward $500 and eventually $1,000. The question now is whether investors are stepping in during the dip or holding out for even lower prices. SOL’s Impulsive Structure Signals Strong Macro Trend According to crypto analyst Osemka, Solana stands out as one of the clearest impulsive structures in the market, completing a textbook 1–5 wave move from December 2022 to January 2025. Such a strong impulsive phase often lays the foundation for a healthy correction before the next major trend unfolds. Related Reading: Solana Flashing Mixed Signals: $105 Breakout Or Double-Pair Collapse Ahead? Currently, SOL appears to be undergoing an ABC correction within a defined channel. Wave C is currently testing a high-timeframe support zone, while the RSI hints at a potential diagonal retest. Holding this level could be critical, as it may set the stage for a higher-timeframe reversal, with April emerging as a key period to watch. A confirmed reversal in Solana would not only signal strength for the asset itself but could also act as a leading indicator for the broader altcoin market. Featured image from iStock, chart from Tradingview.com
Crypto analyst Osemka has suggested that DOGE is at a make-or-break level, where it could see a parabolic move to the upside or suffer a huge decline. The analyst alluded to the Dogecoin EMA, which could determine the next move for the foremost meme coin. Dogecoin EMA Set To Determine Next Move For The Meme Coin In an X post, Osemka said that something will soon have to give, alluding to the Dogecoin EMA. The analyst noted that DOGE has been getting slammed by the EMA for the past three weeks, that there will soon be no room left to run, and that a decision will be made. The accompanying chart showed that the DOGE price could still drop to a new low of around $0.084. However, there is also the possibility that the meme coin could finally break above this EMA. Related Reading: A Bullish Pennant Just Appeared On The Dogecoin Monthly Chart, Here’s What To Expect This comes as Dogecoin continues to struggle to break the psychological $0.10 level. Notably, this EMA is now sitting just below this psychological level, which is likely to provide further resistance for the foremost meme coin. The U.S.-Iran war also continues to pressure DOGE and other crypto prices, which could lead to a larger decline. Crypto analyst TraderSZ suggested that Dogecoin’s next move will heavily depend on Bitcoin’s price action. He stated that DOGE could pull off a move similar to the one seen last year, when the meme coin rose to around $0.3. Crypto analyst BitGuru also provided a bullish outlook on DOGE, hinting at a recovery for the meme coin. In an X post, the analyst said that Dogecoin looks done with the downtrend after a liquidity sweep and long consolidation. If support holds at the current level, the analyst predicts an upside towards $0.13 and $0.15. He added that this is where smart money usually starts positioning. DOGE Eyeing A Run To $1.80 Crypto analyst Javon Marks predicted that Dogecoin could rally to $1.80 in the next bull run. This came as he noted that over the cycles, DOGE has shown a clear and consistent trend with prices breaking out. He added that the meme coin stagnates for a while and then delivers a huge bull run. Related Reading: Dogecoin Remains Inside Falling Channel, Bulls Target Surge Above $0.1 Marks stated that, as part of this trend, Dogecoin’s next stage appears to involve a huge run. The targets for the meme coin on this parabolic run include $0.739, $1.25, and a potential rally over $1.80. A rally to these levels would mark new all-time highs for DOGE. This rally is expected to happen between now and 2027. At the time of writing, the Dogecoin price is trading at around $0.09639, up over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
XRP’s derivatives markets are still showing signs of bearish pressure, with funding rates across major exchanges now in negative territory. According to real-time data, funding rates have been predominantly below zero in recent trading sessions, with the lowest exchange funding rate recorded around -0.0748%. At the same time, open interest has returned to levels associated with long-term base zones in previous years. Could this environment lead to a turning point, or is further downside still unfolding for XRP’s price action? Bearish Derivatives Positioning Shows In Deeply Negative Funding Real-time funding metrics from Coinglass reveal that XRP’s average funding across major exchanges has dipped into negative readings, and several crypto exchanges are on bearish rates. At the time of writing, the lowest funding observed is at -0.0748%, which is a clear indication that short positions are currently dominating sentiment. Related Reading: Analyst Reveals What XRP Price Will Move Toward In Bid For $4 Negative funding rates mean that perpetual futures shorts are paying longs, and bearish bets outweigh bullish ones across exchanges. In practice, heavily negative funding can reflect overcrowded short exposure. However, this is a condition that sometimes precedes sharp rebounds if the price begins to stabilize, as short sellers may eventually be forced to cover. Technical analysis posted on the social media platform X by crypto analyst Osemka shows that XRP’s aggregated funding rate, weighted by open interest, is in deep negative territory on a weekly timeframe. As it stands, this metric is now at its lowest level since late 2022, only bested by the week of the November 2022 FTX crash. However, the interesting thing is that the prolonged period of negative funding back then marked a bottom in 2022. Open Interest Returns to Multi-Year Base Levels Open interest has also dropped significantly alongside funding in negative levels. The weekly aggregated open interest metric is now sitting on levels associated with previous multi-year accumulation bases. This base, shown in the chart above, has been acting as the base level for open interest since October 2022. Each time open interest has revisited this zone since then, it has been followed by a rebound to higher levels. Related Reading: Here’s The Mistake Most People Are Making With XRP; Pundit Reveals In terms of price action, XRP has been struggling to find a sustainable bottom because the wider crypto market is yet to turn bullish. As it stands, XRP now needs to hold above two intermediate supports. The first of these is around $1.45, where recent daily candles have registered wicks. Beneath this lies a larger demand area roughly spanning $1.15 to $1.30. On one hand, the negative funding rate points to bearish positioning stress, but history shows this has always occurred just before lows. At the time of writing, XRP is trading at $1.49, although it recently traded above $1.60 during the weekly open. A weekly close above $1.50 will be the first step to confirming a return to bullish momentum. Featured image from iStock, chart from Tradingview.com
Crypto analyst Crypto Patel has predicted a parabolic rally for the Dogecoin price to reach as high as $5. This comes as DOGE struggles to reclaim the psychological $0.2 level, sparking bearish sentiments for the foremost meme coin. Dogecoin Price Eyes Historic Mega Run To $5 In an X post, Crypto Patel stated that the Dogecoin price is ready for its next historic mega run to $5. He revealed that the breakout and retest are complete and that the structure is locked and loaded for a parabolic explosion. The analyst also mentioned that the same pattern that sparked a parabolic run for DOGE in the 2017 and 2021 bull cycles is repeating on the monthly timeframe. Related Reading: Dogecoin Price Rally Above $0.74 ATHs In The Works As HTF Trend Holds Crypto Patel stated that the move looks even more powerful for the Dogecoin price this time around. However, the analyst isn’t expecting a 9x or 324x rally as in the previous bull cycles. Instead, he predicts a 10x to 30x rally for DOGE, based on fractal confluence and a macro breakout structure. As such, he outlined $2 and $5 are the first and second targets, respectively. A rally to these targets will mark new all-time highs (ATHs) for the Dogecoin price. Crypto analyst Osemka also alluded to previous cycles as the reason why DOGE could record a parabolic rally. In an X post, the analyst noted that DOGE did a 94x during the 2017 cycle and a 307x in the 2021 cycle. As such, he declared that there is no reason why the foremost meme coin cannot do at least 20x from its current price level. However, the bull cycle may be over, with Bitcoin struggling to hold above $100,000, putting the Dogecoin price at risk of a further decline. DOGE is currently below the $0.2 psychological level and risks dropping to the $0.16 demand zone. Analyst Predicts DOGE Could At Least Reach Current ATH Crypto analyst Javon Marks has predicted that the Dogecoin price could at least reach its current all-time high of $0.73. He noted that as higher lows (HLs) hold for DOGE, the target is the ATH, which means the foremost meme coin could rally 311% from its current price. The analyst also indicated that DOGE could break above this level. Related Reading: Dogecoin Price Could See 4,440% Rally To $5 If This Macro Cycle Repeats In the meantime, Crypto analyst Trader Tardigrade noted that the Dogecoin price is experiencing downward movement as it completes the green triangle for recovery. His accompanying chart showed that DOGE could bottom at around $0.16 and then rally to as high as $0.32, which is around the meme coin’s 2025 high. At the time of writing, the Dogecoin price is trading at around $0.174, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com