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news-imageApril 12, 2025

Solana Flips XRP as Market Moves Against Short Sellers

As some altcoins experience price recovery in the cryptocurrency market, there have been huge liquidations with short traders experiencing losses. Solana (SOL) traders who bet short on the asset have seen a relatively intense liquidation in the past 24 hours.
Publisher: UToday
Sentiment: Positive
SOL
XRP

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Bitcoin Rises, Solana Surges as Crypto Market Ends the Week in the Green

The cryptocurrency market experienced a volatile week, influenced by global economic factors like trade war concerns and the pause on the U.S. tariff policy. While bitcoin saw a slight gain, solana, avalanche, and hedera showed significant price fluctuations, recovering from initial drops. Ethereum, however, suffered a substantial loss, failing to rebound like other top cryptocurrencies.

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XRP is currently up by more than 3% and is trading at $2.06 at the time of writing. According to analysts, XRP is showing signs of short-term strength after holding a key Fibonacci support zone between $1.89 and $1.99. Following this bounce, the price is now moving towards a resistance area between $2.15 and $2.17.

Negative
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Ripple's XRP Utility Narrative Slammed by Researcher

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Positive
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Solana Price Rebounds 8%, What's Next for SOL?

After an extended period of volatility, the price of Solana (SOL) has finally pared off all losses over the past week. At the time of writing, the coin has emerged as the best-performing altcoin in the top 10 after soaring as high as 8% in early trading to reclaim the $124 resistance point.

Negative
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With Tariffs on the Menu, Is XRP Worth Buying Right Now?

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Positive
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Teucrium's XRP ETF Becomes Most Successful Launch Amid XRP Legal Clarity and Futures Buzz

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Positive
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Solana (SOL) Eyes Breakout as Ascending Triangle Nears Resolution

Solana (SOL) is showing strong bullish signals as it trades within an ascending triangle formation, a classic technical pattern often preceding a breakout. Currently hovering around $116, up over 3% in the last 24 hours, SOL is approaching the key resistance level at $120a critical technical and psychological threshold.

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