Ripple’s XRP (XRP), Solana (SOL) And Chainlink (LINK) May Continue Breakout Trends

XRP Price Analysis :-

XRP price witnessed a massive upswing following Ripple’s victory against the SEC. As a result, the altcoin surged above EMA lines and is now holding above EMA20. However, bears a preventing further surge as the price faces selling pressure at $0.53.Currently, the moving averages are leveling, and the RSI hovers just above the midline, signaling buyers’ comeback for the XRP within the $0.5 to $0.558 range. Should the price maintain above the moving averages, there’s a chance for the price to ascend to the next resistance level at $0.558 and then to $0.668. Alternatively, a decline below the moving averages could enhance the chances of a decline to EMA200. A significant trend shift is anticipated if the price declines below $0.44. 

Solana (SOL) Price Analysis :-

The upward momentum continues as buyers dominate with long positions, with investors aiming to send the value past a critical hurdle at $30. Achieving this could pave the way for the SOL price to surge toward the anticipated target of $33.Typically, following a breakout beyond significant resistance, there’s a tendency for the price to retract and revisit the former breakout point. Here, the price might draw back to test the neckline. 

Chainlink (LINK) Price Analysis :-

The extended wick on Chainlink’s candlestick highlights strong purchasing activity by the bulls within the $7.6 to $9.7 range.For a bullish trend continuation, buyers need to hold the momentum above the current level and send the price above $9.7. Successfully doing so could pave the way for a surge toward the next barrier at $12.2. 

This point is likely to see a robust battle between the bulls and the bears. However, a decline below EMA50 will plunge the altcoin toward $5.7. 

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