XRP Nears Historic Highs Amid Altcoin Gains, While Solana Shows Potential Bullish Momentum
2025-07-17 22:26:47
Main Idea
XRP, Ethereum, and Solana show significant gains and bullish trends, driven by positive market developments and technical indicators.
Key Points
1. XRP surpassed its 2018 all-time high of $3.40, reaching $3.47, fueled by regulatory developments and institutional adoption, with strong technical indicators like RSI of 87 and ADX at 40.
2. Ethereum gained 20% weekly, trading above $3,300, supported by ETF inflows and investor interest, reinforcing its market leadership role.
3. Solana rose 9.7% weekly, nearing $175, with a bullish breakout signaled by technical indicators like RSI at 68 and ADX at 21, and institutional interest from ETP launches.
4. The total cryptocurrency market cap reached $3.86 trillion, with altcoins like XRP and Ethereum outperforming Bitcoin, which remained flat near $120,000.
5. Key support and resistance levels for XRP ($3.00, $2.69 support; $3.79, $4.00-$4.05 targets) and Solana ($150-$162 support; $189 resistance) highlight potential price movements.
Description
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