Eyes for $3.5, Solana Pump (SOL) may only be 45% off at first

With the recent break above the crucial resistance level near $102,000 Bitcoin Still gaining ground. Although this move indicates that the asset is strong again, an important test is still ahead as Bitcoin approaches a crucial psychological and technical barrier at $105,000.

The favorable macro environment and increasing trading volumes helped Bitcoin maintain its upward trend over the past week. BTC is reclaiming the 50, 100 and 200 EMA on the daily chart indicating that the uptrend remains intact. With the RSI at 63, the market is showing moderate strength but still has room to rise before reaching the overbought zone. The $105,000 mark represents a massive hurdle.

In order to maintain its current height Bitcoin It must decisively break through this strong resistance level which is in line with the previous highs on the chart. The market could reach $110,000, a level not seen since the start of the last big bull run, if this breakout is successful. A bounce may occur at support levels at $98,000 and $95,000 if the price fails to break $105,000.

These levels that were once important resistance now act as strong support areas that can reduce the downside risks for Bitcoin. As BTC’s recent price action indicates growing institutional and retail interest, overall market sentiment remains cautiously optimistic. In the medium term, a macroeconomic environment that anticipates slower interest rate increases contributes to the optimistic outlook for Bitcoin.

The most important level to watch for traders and investors is the $105,000 level. Strong volume combined with a clear move above this area could support the bullish case for Bitcoin and pave the way for future gains. However, failure to hold above $105,000 could signal a brief pause in the rally.

XRP is mainstream

After its recent break above $3, XRP It is still showing its dominance in the cryptocurrency market and has great momentum. The asset still has a strong position as a major performer despite some setbacks thanks to strong trading volumes and useful on-chain metrics. The price of XRP has been rising over the past few weeks, surpassing significant resistance levels. The reason for its advance towards $3 and above was its breakout of a consolidation pattern at around $2.5.

The asset found support above the 50 and 100 moving averages on the daily chart, indicating XRP’s outstanding performance. Additionally, RSI levels near 68 indicate that XRP is still in a healthy bullish phase below the overbought zone. The next important target for bullish investors is $3.5, where XRP is currently trading at $3.13.

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A potential breakout would indicate more bullish momentum as this level represents a psychological and technical barrier. Conversely, if current levels are not maintained, XRP may retest support at $3 or even $2.75. In addition, on-chain metrics provide a positive picture of XRP. In recent days, there have been over a trillion account-to-account payments indicating an increase in network usage and activity.

The growing popularity of the asset has also been supported by a steady increase in the number of active accounts. The fact that XRP has been able to sustain high trading volumes – currently exceeding $230 million on its bullish candles – also demonstrates its dominance. This volume of activity indicates that institutional and retail investors remain interested.

XRP’s future path is towards $3. 5 Depends on both ongoing on-chain strength and general market conditions. A successful break of $3.5 could pave the way for additional gains making the $4 mark a realistic target. However, traders should continue to look for potential corrections especially if market sentiment changes or trading volume decreases.

Solana gets all the attention

SolanaThe notable 45% rise recorded in recent days has caught the market’s attention and may indicate a major trend reversal. Several important technical breakouts coincided with this rise, which could open the door to long-term upward momentum. Solana recently broke through a number of important resistance levels such as the 50 EMA at $199 and the 100 EMA at $210.

There had previously been no significant recovery in prices due to these levels. A strong bullish signal confirming a possible trend turn is provided by a break above these thresholds. The asset is currently trading above $280 indicating a high level of market confidence. After Solana broke out of its bearish channel that had kept the asset under selling pressure for weeks, there was another major breakout.

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By rendering the bearish structure invalid, this move paves the way for further upward continuation. Moreover the fact that SolanaAn RSI reaching 78 indicates strong momentum. This confirms the strength of the buying pressure driving the rally although it also indicates some overbought conditions.

The increase in size was also significant. During this rally, Solana’s trading volume reached a new high indicating increased participation and interest in the market. In order to maintain the current upward trend, this is a crucial element.

Looking ahead, the $300 level may serve as a psychological barrier as Solana faces the next significant resistance. If this breakout is successful, it could lead to higher targets of $350 or more. For the asset to continue its bullish outlook on the downside, support above $250 must be maintained.