XRP and Ethereum Are Pumping: Is Solana Next? Here’s What the Charts Say
2025-07-17 22:30:42
Main Idea
The article analyzes the recent price movements and technical indicators of Solana (SOL) and XRP, suggesting potential bullish trends for both cryptocurrencies.
Key Points
1. Ethereum has surged past $3,300 with a 20% weekly gain, while XRP has eclipsed its 2018 all-time high with a 12% daily increase.
2. Solana (SOL) has gained 9.7% over the past week, trading at $175.15, with strong bullish momentum indicated by an RSI of 68 and an ADX of 21.
3. XRP reached $3.47, breaking its 2018 all-time high, with extreme overbought conditions (RSI of 87) but strong trend strength (ADX of 40).
4. Solana's technical setup shows potential for a golden cross, with the 50-day EMA approaching the 200-day EMA, while XRP displays a perfect bullish EMA setup.
5. Key support and resistance levels for Solana include $150-155 (support) and $200-205 (resistance), while XRP's next targets are $3.79 and $4.00-$4.05.
Description
XRP soared to new all-time highs today, with Ethereum showing impressive weekly gains. Technical indicators suggest Solana may not be far behind.
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