Kraken Data Shows XRP Bullish Trend Holding Strong at $2.30 Support

XRP’s price action demonstrates robust bullish momentum as it consolidates above key support levels, with Kraken exchange data confirming sustained trading strength. The digital asset’s ability to maintain position above both trendline support and moving averages suggests continued upward potential in the NEAR term.

XRP Price Maintains Bullish Momentum Amid Consolidation

XRP continues its upward trajectory, breaking through the $2.25 resistance level with conviction. The digital asset now consolidates near $2.30, establishing a new support base as traders anticipate further gains.

A connecting bullish trend line forms at $2.270 on the hourly XRP/USD chart, with Kraken data showing sustained trading above both this level and the 100-hour moving average. The token’s recent peak at $2.359 suggests strong buying pressure, though a brief retracement below $2.30 tested investor resolve.

Market observers note XRP’s parallel movement with Bitcoin and Ethereum, indicating broader crypto market alignment. The $2.2450 level now serves as critical support—a breach below this threshold could signal temporary weakness, while holding above maintains the bullish case for higher price exploration.

Solana (SOL) Shows Bullish Consolidation Amid Market Recovery

Solana has established a firm base above the $142 support level, mirroring broader market trends seen in Bitcoin and Ethereum. The asset now trades comfortably above $145, with its 100-hour moving average reinforcing bullish sentiment.

A contracting triangle pattern on SOL/USD charts suggests imminent volatility, with Kraken data indicating $152 as the immediate resistance threshold. Breaching the $155 level could trigger accelerated upward momentum, potentially validating the current consolidation as a continuation pattern rather than exhaustion.