Bitcoin’s (BTC) Second Skyrocketing Incoming? Solana (SOL) to Finally Break Bear Trend, XRP Struggling Too Much

Given that the action of prices and technical indicators line up for a possible explosive movement, Bitcoin seems to be preparing for a second important gathering. Bitcoin is now consolidated above $ 94,000 per level that we do not see in weeks, after recently made it possible to cross several important levels of resistance such as the exponential mobile averages of 50 days and 100 days.

The momentum underlying this movement is its most remarkable characteristic. A strong market interest and institutional participation have been indicated by the clear increase in the escape of the volume of tradings. Especially the major mobile averages, Bitcoin was able to maintain this momentum, transforming the previous resistance levels into possible support zones. There is always an ascending potential of movement, as the current RSI (relative force index) indicates, which is high but not yet in the overabundant area.

Given the technical environment released and the low short -term resistance, Bitcoin could soon start its second wave, a continuation rally which frequently follows eruptions such. In the past, a secondary optimistic overvoltage has generally occurred days or weeks after breaking the bitcoin over the consolidation ranges with volume.

This story is also supported by the feeling of the market. The conditions are ideal for Bitcoin to continue its earnings now that the majority of fear has calmed down and that optimism is increasing in the largest cryptocurrency space. The following objective could be $ 97,000 to $ 100,000 if Bitcoin maintains support over $ 94,000. If the bullish momentum accelerates the speed, it could even move to peaks of all time earlier than expected.

Solana trend near the end

Solana's long -term downward trend could end at the point of approaching a possible escape. Sol is now short of the 200 -day exponential mobile average (EMA), an important technical step that could transform the feeling of the market into its favor after a regular recovery.

The soil has exceeded several important levels of resistance. It is currently negotiating at around $ 153, fighting against the large level of 200 EMA at $ 162. Historically, this line of resistance was a barrier that defines a trend. Officially, Solana would leave Bear Territory and enter a confirmed rise in trend if it were to close above. In addition, the price structure has a separate upward trend, which means stable demand and growing market confidence. It is clear that the momentum is increasing.

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This rally experienced a constant increase in volume, which has strengthened the upward trend. The fact that the RSI is still high but not yet in territory on ignition suggests that more gains could be made without correction.

The previous consolidation zones can provide slight resistance in the range of $ 170 to $ 185, which is the next price of price if soil is capable of decisively piercing the 200 EMA and maintaining above. If, on the other hand, this critical level is not broken, there can be a brief retirement with a fork from 140 to $ 135, where EMA 50 can serve as support.

XRP needs fuel

XRP seems to be in a rut, while the majority of the main cryptocurrencies rise on the wave of a wider market rally. Currently, trading at around $ 2.18, the asset is struggling with the exponential mobile average of 100 days (EMA) and clearly displays signs of weakness at this crucial level. A few hours after briefly exceeded 100 EMA, XRP could not maintain its momentum upwards and found itself below.

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Given the remarkable earnings made by assets such as Bitcoin Ethereum and Solana – which have all decisively broke significant importance levels and have entered robust recovery phases – this type of price action is worrying. The fact that XRP cannot stay above 100 EMA indicates that there is no coherent upward pressure.

Compared to his peers, the asset does not move with the same conviction. Despite recovery efforts, the volume is still low and the RSI has flattened, suggesting a stand in the momentum rather than a continuation. Technically speaking, XRP is still negotiated in a large descending channel and has not yet exploded. Recurring failures at the 100 EMA imply that XRP may not be ready to join the Bull Party for the moment despite maintaining support above the 50 EMA.

There is still a good chance of going back towards the level of $ 2.00 or even $ 1.97, unless there is a significant escape supported in volume shortly. In the near future, XRP bulls must make a major movement. XRP will remain late on a market that flashes green differently, unless there is a clear rupture above EMA 100 and a coherent price action above this area. It is advisable to be cautious until then, in particular for traders anticipating rapid catch-up gains.