As I previously predicted in the morning , Sol is down 10$ and likely to continue falling. It's still not too late for a short position target till 180$ after which a sharp upward rally is expected
Let's be honest, with 95% of crypto traders opening long positions with crazy leverage, we can and should expect a fall in all assets. I believe the market will come back to take the liqudity off Retail players and back to institutional players for the main final rally.
Book your profits or open short positions.
Etheruem is one of the few assets I'll suggest investing or opening Longs in, since the target is a good $5000
XRP has shown remarkable strength, reaching a six-year high of $2.47 and positioning itself as the third-largest cryptocurrency by market capitalisation. The cryptocurrency's current rally is underpinned by declining Bitcoin dominance, renewed regulatory optimism, and the possibility of an XRP ETF approval. Analysts project a potential price increase to $2.57 in the near term, making current levels an attractive entry point.
Given the strong upward momentum and promising catalysts, we recommend buying XRP at current levels while setting a stop loss at $2.30 to mitigate downside risk. This level serves as a reasonable buffer, accounting for short-term volatility while preserving the potential for gains as the price approaches projected targets.
Investors should remain vigilant, as cryptocurrency markets can be highly volatile. Ensure disciplined risk management while capitalising on XRP's bullish trajectory.