Altcoins are sending a mixed signal this month, with traders balancing reversal of trends with a bearish strain continuing to apply. Among the most popular tokens in the spotlight are XRP, Dogecoin, and the latest entry targeting AI, Ozak AI. Here’s a breakdown of what’s happening on the charts and why these three deserve a close look.
XRP Faces Key Resistance After Sharp Pullback
XRP is showing a sharp rejection from the $3.25 supply zone. Following this rejection, the price dropped below this level and now shows signs of weakening momentum.
Source: X
A fair value gap begins just under $3.20 and stretches to $3.00. This range may act as a support zone if the price continues to slide. Below that, a more significant weekly fair value gap near $2.75 could serve as a stronger demand area.
Conversely, bulls must recapture the $3.25 area to consider testing the $3.64 resistance, the latest swing peak. The volume indicators display high action around the $3.00 mark, implying that is still a major decision point. Without any breakout, XRP is caught between the range of $3.00 and $3.25.
Dogecoin Coils in Range, Eyes Breakout Above $0.2440
Dogecoin is showing early signs of strength, with a double bottom pattern forming on the 4-hour chart. The $0.2170 support has held firm, triggering rebounds on two separate occasions. However, the neckline around $0.2440 has yet to break.
Source:X
The price remains stuck between clear levels of support and resistance. A close above $0.2440 could trigger a breakout toward $0.26. Until then, the meme coin stays in a range-bound structure.
Ozak AI Presale Momentum Builds Amid Growing Hype
As legacy altcoins challenge crucial support and resistance points, Ozak AI is pushing forward as a promising AI-based prospect in the crypto sector. The fourth presale of the project has already collected over $1.51 million, and 62.3 million tokens have been sold at the price of $0.005.
Unlike other historical meme coins, Ozak AI incorporates predictive AI models, real-time data feeds, and DePIN infrastructure. These characteristics seek to attract practicality beyond speculation. The project is becoming popular among long-term investors with its total supply limited and an impressive roadmap. The project will greatly benefit AI analytics in the healthcare and financial sectors.
Conclusion
With the wider crypto market in need of some direction, XRP and Dogecoin provide an element of familiarity in terms of volatility, whereas Ozak AI has an entirely new use case and presale potential. With the technical patterns coming together on this pair of assets, this might be a turning point in their development.
For more information about Ozak AI, visit the links below:
Website: https://ozak.ai/
Twitter/X: https://x.com/OzakAGI
Telegram: https://t.me/OzakAGI
Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy we do not give investment advice, if you are going to invest in any of the promoted projects you should do your own research.