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Solana, Ripple & Ethereum Daily Price Analyses
Solana price is showing overall bearish control despite today's crypto bull-run. Traders could potentially short the digital asset if the bulls cannot breach the invalidation level
Muskaan T.
5:38 19th Apr, 2022
Markets

Solana bulls reclaim $100 but SOL price could still be in jeopardy

Solana price is showing overall bearish control despite today's crypto bull-run. Traders could potentially short the digital asset if the bulls cannot breach the invalidation level .Solana price shows bearish signals as the price is currently trading at $101. Solana price breached the lower end of the consolidative triangle trend line during the trading session, sending the SOL price to $95.

Image By : Trading View

XRP price to jump back above $0.82

XRP price is displaying bullish behavior to start this week's trading session. Traders are likely looking for long entries. XRP price is currently trading at $0.76 as the price fell during intraday hours into a breached trend line at$ 0.72. The intraday bounce for Ripple price action could be early evidence of a continuation of the trend following last week's 10% rally.

Image By: Trading View

Ethereum price regains $3,000 after brief dip

Ethereum price shows mixed signals to start this week's trading sessions. The bottom may not be in yet, and more price drops could occur later this week. Ethereum price could entice traders to look for early entries as the price retests the breached weekly trend line.

Image By: Trading View

Final Thoughts

The global crypto market is moving towards hard days as there has been no improvement in its value over the past few days. The ongoing situation shows no positive progress either. The current stats tell of a rollercoaster for the coins, and they should brace for it. If there is no stability in the market, the market might see new lows this time. It would be hard for coins compared to other recessive bouts.

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