XRP & Dogecoin Rally Over 10%: Crypto Markets Rebound Sharply — Seize the Momentum on BuyUcoin

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Published on: Tue 08-Apr-2025 09:53 AM
This images shows Two physical cryptocurrency coins are prominently displayed: one featuring the iconic Dogecoin Shiba Inu meme with the word 'WOW' and text around the edge, and the other showcasing the Ripple (XRP) logo with a circuit-like design.

XRP & Dogecoin Rally Over 10%: Crypto Markets Rebound Sharply — Seize the Momentum on BuyUcoin

After days of bearish sentiment and sideways trading, the cryptocurrency market is staging an impressive comeback. Among the standout performers are XRP and Dogecoin (DOGE), both of which have surged over 10% in the past 24 hours, sparking optimism across the global and Indian crypto communities.

This rally comes amid broader market strength, with Bitcoin and Ethereum also posting mild gains. Indian investors are jumping back into the market via trusted exchanges like BuyUcoin, capitalizing on low prices, renewed confidence, and technical breakouts.

Technical Analysis: XRP (Ripple)

  • Current Price: ₹53.60 (~$0.64)

  • 24h Change: +10.2%

  • 7-Day Gain: +12.8%

  • Support Zone: ₹48.50 – ₹50.00 (~$0.58 – $0.60)

  • Immediate Resistance: ₹55.00 (~$0.66)

  • Next Resistance: ₹60.00 (~$0.72)

  • Relative Strength Index (RSI): 61 – bullish momentum forming

  • MACD: Crossing above the signal line – suggests continued upside

XRP broke above the ₹50 mark with strong volume, indicating a bullish reversal from its recent lows. Technical indicators support further upside, especially if the asset closes above the ₹55 resistance. This could open the door to testing the ₹60 level within the week if momentum continues.

BuyUcoin traders are particularly active on XRP due to its utility in cross-border payments and potential for a breakout amid ongoing Ripple vs. SEC developments.

Technical Analysis: Dogecoin (DOGE)

  • Current Price: ₹12.80 (~$0.15)

  • 24h Change: +10.6%

  • 7-Day Gain: +11.9%

  • Support Level: ₹11.50 (~$0.13)

  • Resistance Zone: ₹13.20 – ₹14.00 (~$0.16 – $0.17)

  • RSI: 65 – buying pressure increasing

  • MACD: Bullish crossover – upward trend building

  • Volume Spike: +35% in last 24 hours

Dogecoin’s rally is often driven by social sentiment, and this week is no different. A wave of retail interest, coupled with meme coin momentum, has driven DOGE back to life. Its bullish setup suggests a potential test of ₹14.80 (~$0.18) if the coin sustains above the ₹13.20 barrier.

On BuyUcoin, DOGE is one of the top-traded meme coins. The platform’s high liquidity and quick INR on/off ramps allow Indian investors to jump into these volatile yet rewarding trades with confidence.

Why is the Crypto Market Rebounding?

The recent uptick is attributed to a combination of macro and crypto-native factors:

  • 📉 US economic data shows cooling inflation, easing rate hike concerns

  • 🏛️ Renewed institutional buying from crypto funds and large-scale investors

  • 🔄 Positive news from the XRP case and Dogecoin ecosystem development

  • 🤝 Market correction, allowing investors to "buy the dip"

These trends are triggering bullish patterns across several altcoins — with XRP and DOGE leading the charge.

Trade Smarter with BuyUcoin

If you’re looking to act on this breakout rally, BuyUcoin offers an easy, secure, and efficient way to buy, sell, and hold your favorite cryptocurrencies like XRP and DOGE. With advanced charting tools and seamless INR integration, the platform is optimized for both beginners and pro traders.

Top Reasons to Trade on BuyUcoin:

  • 🚀 Zero-fee trading on select pairs during promotional windows

  • 🏦 INR deposits & withdrawals processed within minutes

  • 🔐 Military-grade wallet security with user-controlled keys

  • 📊 Live technical analysis charts for informed trading

  • 🎁 Exclusive reward campaigns for trending assets like XRP and DOGE

BuyUcoin has been a pioneer in the Indian crypto space since 2016, building a strong ecosystem where users can learn, trade, and grow their portfolios with ease.

What’s Next for XRP and Dogecoin?

The bullish sentiment is expected to continue in the short term as both coins break through key resistance levels. XRP could test ₹60 ($0.72) if volume sustains, while Dogecoin eyes ₹14.80 ($0.18) as the next target.

However, traders should be cautious of pullbacks and stay updated with news and technical indicators. Tools on BuyUcoin can help track moving averages, RSI, Fibonacci levels, and live order book depth — making it easy to enter or exit positions smartly.

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