Crypto Bull Run on the Horizon, Despite Necessary Caution
The crypto market is showing signs of recovery, with three major assets capturing the attention of seasoned investors : XRP, Bitcoin (BTC) and Solana (SOL). While the bullish potential is real, caution remains essential during this phase of technical tension.
XRP : Rally Taking Shape, but Caution is Warranted
The XRP token, issued by Ripple, is showing technical signs that precede a bullish movement. Currently trading around $3.3, the token has increased by more than 15% over the last 48 hours. However, to confirm a bull run, XRP must break through and maintain above the key resistance level of $3.30.
Bitcoin (BTC) : Bullish Breakout Above $115,000 Secured, But $120,000 Remains an Obstacle
Bitcoin has officially broken through the major technical resistance of $117,000, which could signal a prolonged recovery. Nevertheless, the psychological threshold of $120,000 still represents a difficult barrier to overcome without an external catalyst.
Indeed, Bitcoin has absorbed numerous sell orders, explaining its current pullback to $116,500 after reaching more than $117,700. Only maintaining above $115,500 will sustain a bullish rally.
Solana (SOL) : Technical Compression Before Detonation ?
Solana is entering a phase of extreme technical compression, a phenomenon historically preceding episodes of high volatility. If a bullish breakout is confirmed with increasing volumes, SOL could replicate a configuration similar to that of 2024, where it surged by nearly 84%.
For now, SOL will need to exceed $178 and its 20-day moving average to confirm momentum. Conversely, SOL could undergo a correction between $155 and $140.
In this phase of technical tension, XRP remains the most closely watched asset, with its critical threshold at $3.30 as the key to a confirmed bullish rally. Although the upside potential is real for XRP, Bitcoin, and Solana, caution remains the best ally in a still volatile market.
