Cryptocurrencies Price Prediction: Solana, Dogecoin & Ripple – Asian Wrap 28 May

Solana Price Forecast: SOL extends correction amid fresh US-Iran tensions

Solana (SOL) extends its losses trading toward the $80 mark as of writing on Thursday. The price correction is further supported by the fresh US-Iran tensions weighing on risk sentiment. Weakening derivatives metrics and bearish momentum indicators suggest further correction for SOL in the near term.

Dogecoin Price Forecast: DOGE flashes extreme downside risk amid broader market sell-off

Dogecoin (DOGE) faces intense selling pressure, extending its decline below $0.1000 at press time on Thursday. Roughly $10 million has been wiped out from DOGE futures over the last 24 hours, reflecting a sell-off wave under broader market pressure. The technical outlook is bearish, with the path of least resistance targeting $0.0879.

Ripple and Stellar outlook: XRP slips, XLM climbs on DTCC deal

XRP trades at $1.28 on Thursday, slipping below the key horizontal support at $1.30. XRP is maintaining a clear bearish near-term tone as price holds below the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), clustered from roughly $1.39 to $1.66. The altcoin also trades below the downward-sloping parallel channel cap near $1.38. Meanwhile, the Relative Strength Index (RSI) hovers around 33, hinting at persistent downside pressure as conditions edge toward oversold territory. The Moving Average Convergence Divergence (MACD) indicator remains in negative territory, with the MACD line below its signal line, reinforcing a weak momentum backdrop despite the proximity of nearby resistance.