this weekend cryptocurrencies There is a critical turning point for and if things go well we can see bigger peaks. Since Trump took office, the charts have been moving like a roller coaster. The advantage of this is that the playing field for short-term traders is widened, but most investors made losses throughout the process. So what to expect for SOL, XRP and AVAX?
Solana (LEFT)
Iran talks will take place over the weekend, and at the time of writing, Axios shared Trump’s statement, “I expect an agreement within 1-2 days.” After Iranian Foreign Minister Arakchi gave the good news for the Strait of Hormuz, BTC regained 78 thousand dollars, while SOL Coin gained 90 dollars today. Most cryptocurrencies recouped their losses and gained over 3% on the day.
According to Sosovalue data, there was an inflow of $15.5 million into Solana ETF products yesterday. There has never been such a large entry since the beginning of March. Moreover, with today’s excitement, entries are expected to increase. 8 different SOL ETF It is accessible to millions of customers.
So how many dollars does the price target? Although BTC and many altcoins have escaped from the channel where they were lingering, SOL Coin has not yet reached the resistance of $ 96 (due to the effect of the Drift Protocol hack incident). If the appetite remains strong at the end of the week, it is expected to break this level and target $105 as the first target. In the next period, we may see fluctuations between the $119 base and the $148 resistance.
XRP and AVAX
Ripple (XRP) ETFs have been experiencing one of their best periods since their launch. We have seen net inflows of over 10 million dollars in the last 3 business days. Weekly institutional investor report due on Monday XRP Coin It will be morale-boosting. Inflows are expected to remain strong today as total net assets exceed $1 billion. Hopes for an agreement with Iran increased interest in assets such as XRP and SOL. Investors who anticipate a return in risk markets thus obtain leveraged profits.
The channel we mentioned above also exists in XRP Coin, and unlike SOL Coin, the channel is broken here. If the price can gain $ 1.5 and start closing above it, the next target will be $ 1.63 and $ 1.84. Then the psychological threshold of $2 can easily be exceeded.
AVAX, which fell below $ 16 every time it lost $ 22.24, could not stand the fight and we even saw single digits this year. The fact that the network cannot attract enough attention and is weak compared to its competitors, of course, also affects the AVAX chart. Despite this, AVAX is also about to break the resistance of the channel. If successful, $ 11.37 support can be gained with closings above $ 10.7. Then the target will be the $14.8 resistance.
