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Solana (SOL) Critical, Here’s Why; Key Shiba Inu (SHIB) Support Survives, Is Hidden XRP Volume Pattern Forming?
The cryptocurrency market is known for its unpredictability, but the current situation with Solana (SOL), Shiba Inu (SHIB), and Ripple (XRP) is particularly intriguing. The recent price movements have led many to question what’s next for these assets.
Regarding SOL, there seems to be a critical point ahead that could shape the direction of its market. As shown in the chart above, XRP may break above the upper boundary of the descending channel if buying momentum increases. Conversely, if the current support levels around $2.20 are not maintained, there may be more downside, with the next significant support level located around $1.99.
In this context, a deeper correction might be triggered by such a move, which would indicate a change in market sentiment.
Source: u.today
