BNB Price Analysis

BNB has been consolidating between 495 and 635 for the past few days, which shows indecision between the bulls and the bears about the next move.

If the buyers overcome the resistance of the 20-day EMA (565), BNB may rise to the overhead resistance of 635. This is a major level for the bears to defend as a breakout above it may clear the way for a rally to 692. If it breaks above this level, BNB may reach the pattern target of 775.

On the other hand, if the price turns down and breaks below 495, it will complete a double top pattern. This could start a slide to 460 and then to 400.

Solana Price Analysis

Solana has found support at $126 for the past few days, which shows strong buying by the bulls.

The recovery may reach the 20-day EMA ($158), which is a key level to watch. If the price turns down sharply from the 20-day EMA, the bears will again try to sink SOL below $126. If successful, it could extend the downtrend to the psychological level of $100.

Conversely, if the price continues to move higher and rises above the 20-day EMA, it will suggest that the bears are losing control. The $162 level could act as a resistance, but it is likely to be crossed. A climb to $185 is likely to follow.

Ripple Price Analysis

XRP has been fluctuating between $0.46 and $0.52 for the past few days, suggesting that the bulls are trying to initiate a move.

A relief rally is likely to face selling on the downside at the 20-day EMA ($0.55). A sharp reversal at the 20-day EMA will indicate that the bears remain active at higher levels. A retest of the critical support of $0.46 is likely.

Conversely, if the price breaks above the 20-day EMA, it will suggest that the correction is likely to be over. The pair is likely to subsequently rise to the 50-day SMA, extending its stay in the $0.41–$0.74 range for a while.