Market Technical Analysis by RoboForex

[RoboForex Team]

XRP under pressure again as ETF inflows slow and US crypto regulation stalls

XRP is correcting after a sharp rally. The current price is 1.6140.

Technical outlook

On the H4 chart, XRPUSD formed an Inverted Hammer reversal pattern near the middle Bollinger Band. At this stage, the price could continue the upward wave as the pattern signal plays out, with resistance around 1.6600 serving as the upside target.

XRPUSD is correcting today after a sharp rally.

Read more - XRPUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[RoboForex Team]

Tokenisation accelerates Solana: SOL prepares for another test of 120 USD

SOLUSD is holding around 115.59 after a strong September rally, while the value of tokenised real-world assets on the Solana network has reached a new all-time high.

Technical outlook

On the H4 timeframe, SOLUSD maintains a bullish structure after a sharp rise from the 100 area. The price reached the 119–120 zone before correcting and is now consolidating around 115.59.

SOLUSD is consolidating after a strong rally but remains broadly bullish.

Read more - SOLUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team