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Key Trends in the Cryptocurrency Market: Solana, Ethereum, and Ripple

Key Trends in the Cryptocurrency Market: Solana, Ethereum, and Ripple

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market is showing bullish trends, especially among major altcoins. Solana, Ethereum, and Ripple exhibit interesting movements, while Salamanca ($DON) stands out as a promising project.

Solana (SOL) Tests Resistance

Solana's recent breakout above $153 indicates strong bullish sentiment, as traders eye $180 as the next resistance level. The SOL/USDT pair continues to trend upward, but sellers may step in around $180 to secure profits. If the price holds above $153 after a small pullback, buyers may regain momentum for a potential push to $200.

Ethereum (ETH) Eyes $2,850

Ethereum has surged above $2,111 and reached close to $2,550, showing growing buyer confidence. The bulls now face selling pressure near $2,550, where profit-taking has started to appear. If ETH holds above $2,111 during a dip, it could signal a strong base for the next move higher. A successful breakout above $2,550 could push ETH toward $2,850.

Ripple (XRP) Struggles Near Resistance Line

Ripple has approached a critical resistance zone as buyers aim to reverse the recent downtrend. The XRP/USDT pair could rise to $2.60 if it breaks and closes above the current resistance line. However, sellers are expected to defend this level strongly.

While Solana, Ethereum, and Ripple hold their ground with strong fundamentals and bullish setups, the Salamanca ($DON) project offers a unique dynamic and interest among investors.

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