
Analyst Updates Bitcoin and Solana Outlook, Warns XRP Holders of Potential Short-Term Discomfort
A crypto strategist, well-known for accurately predicting the movements of Bitcoin (BTC) and altcoins, has expressed concerns about the current situation of XRP. The coin is struggling to maintain its position above a crucial price level.
The pseudonymous analyst, DonAlt, who has a following of 640,100 on the social media platform X, states that XRP has lost its immediate support at $2.95 after the recent market sell-off on Saturday. According to the analyst, unless XRP manages to recover this critical area, the altcoin will likely experience further declines in its price.
The analyst’s chart suggests that if XRP fails to reclaim $2.95 as support, it may fall to $2.72. Currently, XRP is valued at $2.93, reflecting a decrease of over 4% for the day.
In regard to Bitcoin, DonAlt believes that it is holding strong despite President Donald Trump’s threats to implement significant tariffs on foreign nations exporting their products to the US. The analyst acknowledges that these tariffs have introduced uncertainty into the already volatile crypto market.
The analyst’s chart indicates that if Bitcoin continues to respect resistance at $106,222, it may drop to its support at $99,000. At present, Bitcoin is valued at $101,342.
Shifting focus to the layer-1 protocol Solana (SOL), the analyst is optimistic about the altcoin’s potential for a sustained surge to new record highs. Although SOL is currently struggling to break through resistance at $250, the analyst believes it has a good chart and expects it to perform well if it starts closing at new highs.
According to the chart, the next support level for SOL is at $190. Currently, SOL is trading at $217.
To stay updated on the latest news, subscribe to receive email alerts directly to your inbox.
Check the price action of cryptocurrencies by following us on X, Facebook, and Telegram.
Surf The Daily Hodl Mix.
[Image: Midjourney]