A Brief Talk About XRP and SOL
Today, XRP continues to soar, having risen 407% in less than a month; what once seemed unreachable at $1 is now hitting the $2 mark. With the regulatory environment becoming more relaxed and a clearer outlook, XRP, previously suppressed by the SEC, has begun a wild rebound!
Currently, XRP has set a new historical high, with sentiment reaching its peak!
At this moment, there’s not much to analyze in technical indicators; it all depends on the continuation of the market's main capital and retail investors' sentiment! Those who missed this wave should just observe and avoid blindly trying to guess the top!
SOL
Today's opportunity for SOL lies in a pullback; without a pullback, there isn’t an opportunity. Focus on the price levels around 227 and the range of 215-220 if it breaks 220! If such a short-term bottom divergence pattern occurs, there may be a demand for a rebound with a favorable risk-reward ratio and safety!
Given that many old altcoins are starting to surge, it's normal for some capital to flow out of the SOL series. After all, SOL has rebounded dozens of times over the past nearly two years from its historical lows, and giving other public chains some opportunities is understandable!