Key Takeaways
- The price of Ripple (XRP) maintains strong momentum to the upside as the price trades above $2.1 with bulls aiming for $2.5 resistance.
- SOL’s price must break above its $150 resistance for strong bullish confirmation towards a high of $180 to $200.
- Fartcoin remains strong as its price could sustain its price action towards $1.9 despite rallying by over 230% in the last thirty days.
The cryptocurrency market is beginning some great price action to the upside following the U.S. 90-day tariff pause as the price of Bitcoin jumped from a region of $77,000 to a high of $86,000 as the price would be looking to break high towards a region of $95,000 to resume its bullish price action to a new all-time high.
Altcoins are also showing some relief bounce across the market, with many recording over 10% in the past few days. XRP, Fartcoin, and Solana have all shown strong price momentum to the upside as prices look to break out above their key resistance zones.
Let’s discuss the technical analysis of XRP, Fartcoin, and SOL, where prices are headed and what we should expect from these altcoins in the coming week.
XRP
Source – XRP 1D Price Action From TradingView
The price of XRP has dropped by over 50% in the past three months from a high of $3.45 to $1.6. Although overall price action still remains bullish, its short-term price movement has attracted many questions from traders and investors.
However, the news of the U.S. 90-day tariff pause has brought great relief across the market. The price of XRP rebounded from a region of $1.84 to a high of $2.15, and it would be looking to attempt a breakout above its buy-side liquidity zone of $2.5.
A break and close for XRP above $2.5, acting as a liquidity zone for the buy-side, could see the price of XRP rally towards $3, which it has struggled to break above in the past few weeks.
With $1.9 holding as a key demand zone for the price, XRP bulls are expected to push its price towards a possible breakout above $2.5 in the coming days.
Solana (SOL)
Crypto analyst Mominsaqib took to his X post to identify another strong altcoin that is primed for a rally towards a region of $180 to $200. The price of Solana (SOL) has struggled in the past weeks from its all-time high of $295 to a low of $95 before rebounding above $120, showing strong signs of a possible reversal as price eyes shift from bearish to bullish uptrend.
Following the recent economic price boost in the 90-day tariff pause, the SOL price could attempt a possible price rally towards $150, acting as a key interest for sellers. A break and close above this region could see the price of SOL show a strong price rally towards $180 to $200.
Fartcoin
Source – Fartcoin 1M Price Action From Coinmarketcap
Over the past few weeks, from March to April, Fartcoin has demonstrated strong price action to the upside. Price rallied from a low of $0.35 to a region of $0.91, and it has rallied by over 230% in the past four weeks.
Current Fartcoin price actions show the price has the potential for an upside rally to a region of $1.9.
