Analysis of XRP and SOL:
XRP:
Today, XRP continues to rise strongly, having surged 407% in less than a month. Once, you thought that reaching 1 dollar for Ripple was nearly impossible, but now it has broken through the 2 dollar mark. With the easing of regulatory conditions and the outlook gradually becoming clearer, the previously suppressed Ripple has started to rebound strongly, showing an astonishing upward momentum.
Currently, XRP has reached an all-time high, and market sentiment has peaked. In this situation, technical analysis is no longer the focus; the market direction mainly depends on the sustainability of institutional and retail investor sentiment. If you missed this rally, you can only choose to watch from the sidelines, and it is not advisable to blindly chase high prices.
SOL:
Today, opportunities for SOL may arise during the pullback process. If the price retraces to around 227 dollars or falls below 220 dollars, entering the 215-220 dollar range, you may consider focusing on ultra-short-term operations. If a bullish divergence pattern appears, there may be an opportunity for a rebound from oversold conditions, at which point the risk-reward ratio and safety are relatively high.
As many established altcoins gradually explode, capital outflow from SOL is also a normal phenomenon, after all, SOL has rebounded dozens of times from its historical lows over nearly two years. It is inevitable to leave some opportunities for other public chains.
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