Eyes For $3.5, 45% Solana (SOL) Pump Might Be Only Beginning By U.Today
From Investing.com
January 20, 2025 01:00:19 AM:
Bitcoin is gaining ground, breaking above $102,000. To maintain its rally, BTC must surpass $105,000, a crucial barrier. Reclaiming EMAs on the daily chart, Bitcoin shows moderate strength with room for growth. Support levels at $98,000 and $95,000 may prevent downside risk as market sentiment remains optimistic.
XRP remains dominant, breaking above $3 and showing bullish momentum. Found support at 50 and 100 EMA, RSI at 68 suggests healthy bullish phase. With on-chain metrics indicating network activity, XRP’s path to $3.5 depends on maintaining current levels. A successful break may lead to $4, with high trading volumes indicating ongoing interest.
Solana’s 45% rally signals a trend reversal, breaking significant resistance levels. Trading above $280, Solana invalidated a bearish structure and hit an RSI of 78, indicating strong momentum. Volume increase during the rally suggests market participation. $300 may serve as a psychological barrier with support above $250 crucial for sustaining the current trend.
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