Solana (SOL) Gains Crucial Foothold, XRP’s Movements Are Too Predictable, Last Resort for Ethereum (ETH)? By U.Today
From Investing.com:
1. Solana (SOL) is locked in a crucial battle at the 50-day EMA, with potential for a new support level if it breaks through, but low buying activity might hinder its progress. The 100-day EMA looms as a support level if it fails to rally past the 50 EMA.
2. XRP movements are becoming too predictable, with $0.47 as a key support level and resistance at $0.5714 and $0.5633. Flatlined price action is limiting trading opportunities, with potential for traders to look for more dynamic assets.
3. Ethereum (ETH) is approaching a pivotal point with the 50-day EMA, which will determine its short-term prospects. A failure to breach this level could result in a bearish trend, given the descending volume as it approaches the resistance level.
Read more: Solana (SOL) Gains Crucial Foothold, XRP’s Movements Are Too Predictable, Last Resort for Ethereum (ETH)? By U.Today