Bitcoin faces its biggest price test as it nears the $105,000 level, a crucial psychological and technical barrier.
The recent break above $102,000 indicates strength, but Bitcoin must clear $105,000 to continue its rally. A successful breakout could push Bitcoin towards $110,000.
If it fails, support levels at $98,000 and $95,000 may come into play. Market sentiment remains optimistic, but $105,000 is key.
XRP remains dominant, having broken above $3, with momentum pointing toward $3.5. XRP has shown strong performance with high trading volumes, and on-chain metrics are favorable.
The asset is supported by the 50 and 100 EMA on the daily chart, and its RSI of 68 indicates room for growth.
A successful push to $3.5 could lead to further gains, possibly reaching $4. If the price retraces, $3 or $2.75 may act as support levels.
Solana has gained attention with a 45% rally, breaking key resistance levels such as the 50 EMA at $199 and the 100 EMA at $210.
The asset is currently trading above $280 and could face a psychological barrier at $300. If it clears this level, higher targets like $350 are possible. To maintain its bullish trend, Solana must hold support above $250.
Follow on Google News
Leave a comment