With a recent bull, reached an important milestone, XRP broke above a critical level of 3 dollars. After several weeks of consolidation and the accumulation of bull impulse, the asset reached levels not observed a few months before the breakthrough. A breakthrough for 3 dollars set a strong basis for future success. Given the state of the market and technical indicators, the next goal of the XRP can be 3 dollars or even $ 4 if it retains this impulse.
The bull argument is strengthened by the growing volume that accompanies this rally, which indicates the availability of interest for the purchase. However, it is necessary to take into account the potential for short -term prices. After such a quick move, correction is not unusual. The first important level of support at which is monitored if the XRP cannot remain above $ 3 is approximately $ 2.75, after which 2.50 US dollars will take place. The decrease below these levels may be a sign of a long -term bear market.
Maintaining more than 3 dollars and a breakthrough of $ 3.50 will probably confirm that the XRP trend will continue on the bull path. The growth of the asset can be even more accelerated in this scenario, attracting even more traders and investors. It is important to be careful because the RSI indicator indicates that the XRP may approach the territory of the discharge.
Despite the bull’s nature of the current trend, market participants should not ignore these levels and should be prepared for any short -term volatility. Given all the circumstances, the price of the XRP movement in recent weeks is a clear sign of its potential for success. Currently, assets can benefit from the current impulse after overcoming a barrier of $ 3, assuming that it can continue to grow and remain higher than important support levels.
The luck of Shiba is
Shiba is not very good and experiences problems with the restoration of the common market. Compared to other cryptocurrencies that gain momentum and experience an ascending impulse, the Shiba does not grow much. The asset was constantly reduced, and his last rallies failed.
Shiba Inu made a modest recovery after he fell below important levels such as 200 EMA, but this recovery is not as strong as his competitors. As a result of the lack of enthusiasm of the market and the trust of investors, the Shiba is currently traded to the side and cannot establish a clear direction. In addition, technical indicators do not represent a positive picture.
The price is still limited between 50 and 200 EMA, which suggests that it has difficulties with achieving traction. In addition, the volume of bidding seems to be low, which suggests that market participants are not very interested. The Shiba looks in a state of uncertainty compared to other assets that benefit from market trends. Due to the fact that Shiba Inu obviously lags behind in the competitive market, this insufficient increase puts assets in an unpleasant position.
While other assets successfully attract attention and gain momentum, the poor performance of Shiba raises the question of whether it will continue to be relevant and attract investors.
Solan is pushing
Solan has recently broken over 100 EMA, the most important technical level indicating a fresh bull impulse. This movement suggests that this trend may change after the difficult period of downward pressure.
The price range for $ 200-110 is where Solana is currently being traded, and this is an important area that can dictate its future course. Bull moods will be strengthened, and a stable rally can be possible if there was a successful breakthrough above 50 EMA, which is currently trading for about $ 209.
Solana can aim at higher resistance levels of about 230 US dollars and above, if a breakthrough occurs, which indicates a return to bull mode. However, if the pulse is lost and 50 EMA is rejected, there may be a rollback; 100 EMA, which is about 199 dollars, will provide immediate support. Although volume indicators indicate the growing interest of traders, the asset requires stable purchase pressure to confirm its breakthrough.
Despite the fact that the RSI is not bought, RSI shows a slow recovery, which enhances optimism regarding the possible run of Solana. Despite the fact that the SOLANA market indicators are still dependent on the excess of a significant level of resistance, investors must gain the heart from their recent movement. Bull feelings will be strengthened by clear closure over 50 EMA; If this is not the case, the asset can enter the consolidation phase.
