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COINTURK NEWS > Altcoin News > Watch XRP, Ethereum, and Solana Prices Surge: Insights and Analysis!
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Watch XRP, Ethereum, and Solana Prices Surge: Insights and Analysis!

In Brief

  • XRP, Ethereum, and Solana show short-term price increases.

  • Critical resistance levels are vital for future price direction.

  • Support levels are crucial to avoid further declines.

Fatih Uçar
Fatih Uçar 2 months ago
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The cryptocurrency market has seen significant activity in the last 24 hours, with short-term price increases observed for XRP, Ethereum (ETH) $2,340, and Solana $172 (SOL). XRP surged by 3.25%, challenging the $2.50 threshold, while Ethereum rose by 4.60% to reach $2,100. Solana demonstrated a robust increase of 9.09%, climbing to $145. However, their performance over the past 30 days indicates that they remain under pressure in the medium term.

Contents
What Is the Target Price for XRP? Chart Analysis and CommentaryEthereum Price Chart Analysis: The Critical $2,100 ThresholdWhat Is the Short-Term Target Price for Solana? Price Commentary and Analysis

What Is the Target Price for XRP? Chart Analysis and Commentary

XRP’s short-term chart shows positive signals. The 4-hour chart indicates that the 50-period moving average is trending upwards, suggesting that the price may maintain its upward momentum. Nevertheless, the daily chart reveals that the price is still below the 200-day moving average, indicating a continued long-term bearish outlook. For XRP to enter a bullish trend, it must break through the critical resistance level of $2.50 to $2.55 with high trading volume.

XRP Price Analysis and Commentary

The nearest support zone is around $2.40 to $2.45. If XRP coin cannot hold this level, it may decline to $2.30. The market anticipates that for a continued rise in the short term, XRP needs to break above the resistance zone.

Ethereum Price Chart Analysis: The Critical $2,100 Threshold

Ethereum shows a strong recovery in the short term. The Relative Strength Index (RSI) is at mid-levels, indicating that the price has not yet determined a clear direction. Currently, ETH price is approaching the critical resistance level between $2,100 and $2,130. If this area is breached with substantial volume, the price could rise to between $2,200 and $2,400.

Ethereum Price Analysis and Commentary

The critical support level for ETH coin is identified at $2,050 to $2,070. If this support fails, the price may retreat to the $1,900 to $1,950 range. The market is closely monitoring developments that will determine Ethereum’s direction.

What Is the Short-Term Target Price for Solana? Price Commentary and Analysis

Solana, which increased by 9.09% in the last 24 hours, shows positive signs in the short term. The 4-hour chart reveals that the 50-period moving average has turned upward, supporting the rise. The most significant resistance level is the $145 to $150 area. If this level is surpassed with high trading volume, SOL could rise to the $155 to $160 range.

Solana Price Analysis and Commentary

The closest support level for SOL coin is between $138 and $140. If this support is not maintained, the price may decline to the $130 to $135 range. Market participants are closely watching whether Solana can break through its current resistance zone.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 25 March, 2025 - 9:39 am 25 March, 2025 - 9:39 am
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