XRP Struggles to Maintain Support as Bitcoin Holds Strong
A prominent crypto strategist, known for accurate predictions on Bitcoin (BTC) and altcoins, has expressed concern about the current situation of XRP as the coin battles to stay above a crucial price level.
DonAlt, a pseudonymous analyst with a significant following on social media, has alerted his audience that XRP has recently lost its immediate support at $2.95 after a market-wide sell-off over the weekend.
According to DonAlt, the fate of XRP hangs in the balance, and it must reclaim this critical area to avoid further downside pressure on its price.
Analysing the trader’s chart, it appears that XRP could potentially drop to $2.72 if it fails to reestablish $2.95 as a support level.
As of the latest update, XRP is trading at $2.93, marking a decline of over 4% for the day.
Bitcoin’s Resilience Amidst Market Uncertainty
Despite the recent threats of imposing tariffs by President Donald Trump, DonAlt believes that Bitcoin is holding steady. He acknowledges the potential impact of tariffs on the already volatile crypto market, noting that any downward movement in BTC tends to drag the entire market down with it.
Based on DonAlt’s analysis, Bitcoin could potentially retreat to $99,000 if it fails to breach the resistance at $106,222. At present, BTC is valued at $101,342.
Solana (SOL) Poised for a Breakout
Shifting focus to Solana (SOL), the trader believes that the layer-1 protocol is gearing up for a significant surge towards new all-time highs, despite facing resistance at $250.
DonAlt’s chart analysis indicates that SOL may find support at $190 in the near term. Currently, SOL is priced at $217.
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