🚀 Solana’s 4th Position at Risk, Will XRP Beat $SOL ?

Solana’s Position at Risk
Solana (SOL), the fourth-largest cryptocurrency by market cap, may lose its spot to Ripple’s XRP. While SOL consolidates, XRP has surged nearly 95%, reaching a market cap of $106.5 billion and outperforming Binance Coin (BNB).

📉 Technical Analysis: SOL at a Crossroads
SOL’s price action forms a bearish inverted head-and-shoulders pattern on the four-hour chart. If SOL fails to hold the $226 level, it could decline 10%, testing support at $202. Conversely, a close above $245 may negate the bearish outlook.

📈 Positive Indicators Amid Consolidation
SOL remains above the 200 EMA on daily and four-hour charts, signaling an uptrend. The RSI stands at 49, near oversold territory, suggesting a potential rally in the coming days as buying opportunities emerge.

🐋 Whale Activity Spurs Optimism
On-chain data from Coinglass shows $182 million worth of SOL has been withdrawn from exchanges since November 23. This significant outflow indicates whales may be accumulating tokens, a signal of potential price upside.

📊 SOL Price Momentum
At press time, SOL trades near $240, down 1.75% in the past 24 hours, with trading volume falling by 3%. This reduced activity reflects ongoing consolidation as traders await the next move.