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XRP and Solana Flash Bullish Signals: Analyst Urges Immediate Attention

XRP and Solana Flash Bullish Signals: Analyst Urges Immediate Attention

Author:
Coindesk
Published:
2025-08-23 06:29:54
21
3

Watch Out For XRP and Solana as Price Action Flashes Bullish Signals, Analyst Says

XRP and Solana just triggered bullish technical patterns that have analysts scrambling to update their price targets.

Breaking the Resistance

Both assets smashed through key resistance levels with volume spikes suggesting institutional accumulation. The moves come amid broader crypto market strength—though let's be honest, traditional finance still can't tell a blockchain from a spreadsheet.

Momentum Builds

Relative strength indicators scream bullish divergence while funding rates remain neutral—a rare combo that typically precedes major breakouts. Retail traders flood derivatives markets with long positions as shorts get liquidated.

Watch these levels: XRP needs to hold above $0.75 while Solana must maintain its $150 support. Break those and we're looking at retests of previous all-time highs.

Just remember—in crypto, today's bullish signal is tomorrow's 'why didn't I take profits' lesson.

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