XRP, Solana, and Ethereum soar: Is a breakout or crash imminent?

A geopolitical context that’s causing altcoins to explode

Geopolitical uncertainty has long weighed on financial markets, but the trend has just reversed dramatically. This Tuesday, the US president stated that America’s military objectives in Iran were “almost completely achieved.” This announcement acted as a real catalyst, triggering a sudden breakout across all risk assets.

Cryptocurrencies, highly sensitive to macroeconomics, didn’t miss the call. Investors, reassured by this de-escalation, massively reinvested capital, causing upward volatility. Short sellers were caught off guard, triggering a panic movement that propelled prices to new local highs.

Currently, market data confirms this spectacular rebound. Ether (ETH) is trading in a zone between $2,000 and $2,040, while Solana (SOL) oscillates between $83.60 and $86.20. Meanwhile, XRP shows strong resilience by stabilizing around $1.37 – $1.38. The question now is whether this bullish momentum is sustainable.

Can Ethereum and Solana restart a rally after this breakout?

For Ethereum, reclaiming the psychological support of $2,000 is a major technical signal. After a period of correction, the asset is showing signs of strength. Ethereum faces an order block on the 1-hour timeframe around $2,080. As long as Ethereum doesn’t maintain this resistance as support, a drop back to the bottom of the range remains a scenario to consider. But a clean break above $2,090 could take Ethereum on a new rally toward $2,200.

On Solana’s side, the setup is equally explosive. The token violently bounced from its recent lows to test the $86 zone. Analysts are closely watching the critical resistance at $93. A break above this threshold, accompanied by strong volumes, could invalidate the bearish scenario of recent weeks and propel SOL toward a target of $105. But if SOL fails to break above $88, a return to $60-62 would be the most likely scenario.

In summary, traders must remain cautious about a potential retracement. Quick profit-taking could bring these assets back to their immediate supports. Higher timeframe order blocks like Solana’s 12H block around $90 indicate that smart money could prevent a short-term rise. The daily close will be decisive in confirming whether this movement is a genuine trend reversal or simply a relief bounce.

XRP facing a key resistance: How far can the price go?

The XRP faces the same fate as Solana with a 16H order block and a POC at $1.41. Currently evolving around $1.37 – $1.38, Ripple’s token will require strong demand to attempt to break out of this long consolidation phase. This movement follows intense selling pressure that had heavily impacted its market cap. Today, the return of risk appetite isn’t yet sufficient to make XRP explode.

From a technical perspective, XRP must imperatively break the resistance at $1.46 to confirm genuine bullish momentum. If buyers manage to maintain pressure, a return toward $1.70 is conceivable in the short term. Conversely, a rejection at these current levels could bring the price back to its solid support at $1.20, reviving fears of a new correction.

The evolution of the geopolitical situation will continue to dictate market tempo in the coming days. With this strong return of buyers and indicators turning green, is this the right time to accumulate these altcoins before a new surge?

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