Bitcoin (BTC) is holding steady above $100,583, maintaining its bullish trend despite market volatility. Traders are watching its key resistance at $108,364, a level that could pave the way for a push toward $112,000–$115,000 if broken. On the flip side, a drop below $96,474 could bring BTC back to $89,471, a critical support zone.
As BTC stabilizes, altcoins like Solana (SOL), $TRUMP, and XRP are seeing varied price action, with investors tracking key support and resistance levels for potential breakouts.
Bitcoin’s Path to $112K Hinges on Key Resistance
Bitcoin remains on an uptrend, bouncing off $100,583 after a pullback from $108,364. A move above this level could push BTC to $112,000 and beyond. However, if bears take control, a dip below $96,474 could bring BTC toward $89,471, a price level that has historically acted as strong support.
Solana Faces Resistance at $244—Breakout or Reversal?
Solana (SOL) is trading at $235.90, consolidating after its recent rally. The $244 resistance remains a hurdle, and a breakout above this level could send SOL toward $264 and $295. On the downside, if $220 support fails, SOL may decline to $205 or even $175.
Technical indicators show mixed signals:
- MACD: Bearish crossover, suggesting weaker momentum.
- RSI: Currently at 43.18, sitting in a neutral zone.
Long-term forecasts remain bullish, with analysts eyeing $450 by 2025 and $650 by 2026 if Solana adoption continues to expand.
$TRUMP Stalls Below $30.47—Will Bulls Regain Control?
The $TRUMP token is currently trading at $29.32, cooling off after its recent rally. Resistance at $30.47 remains a key barrier, with potential upside toward $35.50 and $40 if it breaks through. However, if support at $24.58 fails, $TRUMP could drop as low as $20.
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Technical indicators show:
- MACD: Indicates bearish momentum.
- RSI: 42.62, suggesting neutral-to-oversold conditions.
Price projections for 2025 place $TRUMP’s range between $20 and $75, reflecting market sentiment and potential catalysts ahead.
XRP Eyes Bullish Breakout Above $3.40
XRP continues to show strength after bouncing off $2.75–$2.80 support. It is now testing resistance at $3.37–$3.40, a critical level that could confirm a breakout.
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- Golden Cross: 50 EMA crossing above 100 EMA, signaling strength.
- MACD: No bearish divergence, indicating continued momentum.
- RSI: At 57.91, leaning toward a bullish bias.
If $3.15 holds as support, XRP could push toward $3.50 and even $3.75 in the near term. Further gains will depend on broader market conditions and investor sentiment.
With Bitcoin stabilizing above $100K, Solana, $TRUMP, and XRP are seeing mixed price movements. Resistance levels will play a crucial role in determining whether these altcoins break out or face further retracements. Traders are keeping an eye on technical indicators and market trends to spot potential trading opportunities in the coming weeks.
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