CandleFocus

XRP Shows Weakest Performance in Top 10, Unless This Happens, Biggest Bitcoin (BTC) Breakout of 2024 Is in, Solana (SOL) Explodes Above $165: Is $200 Next?

XRP has been underperforming compared to other top cryptocurrencies, unable to break through resistance levels and showing a declining volume pattern. The asset's technical outlook is not favorable, and it needs to break above the 200 EMA for a sustained recovery. Bitcoin, on the other hand, has successfully broken a crucial resistance level and is poised for further price increases, with $70,000 as the next major barrier. Solana has surged above $165 and may target $200, but there are concerns about selling pressure from unlocked tokens and its ability to maintain momentum.

Related News