Solana (SOL)
Solana (SOL) has bounced back from a two-week low, with the price rising after a recent dip. The token had dropped to $22.86 before reaching a high of $24.56 today. Despite trading lower in recent weeks, SOL had reached a high of over $30.00 on June 14.
- SOL/USD reached an intraday high of $24.56
- Relative Strength Index (RSI) is tracking at 57.51
- RSI looks set to reach a ceiling at 60.00
- If RSI hits 60.00, SOL could surpass $25.00
XRP
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XRP, formerly known as Ripple, is trading near a key support point as consolidation continues. The price reached a peak of $0.7141 in today’s session, after dropping to a low of $0.6961 the day before. XRP has mostly traded between $0.7000 and $0.8200 since reaching a high of $0.9479 earlier this month.
- XRP/USD peaked at $0.7141
- Price strength found stability at 57.00
- XRP bulls have pushed the price higher
- Next target is to capture the $0.7500 resistance level
Hot Take: Solana and XRP have both shown some recovery after recent lows. While Solana’s RSI indicates a potential increase in price above $25.00, XRP’s focus is on capturing the $0.7500 resistance level.
