After recent market turmoil, there may be a chance to reassess investments in Solana and XRP. These cryptocurrencies have faced setbacks but now show signs of improvement. Investors seeking assets with potential for gains in the next quarter might consider these options. Could these digital currencies offer opportunities for growth? Market observers are monitoring their progress closely, noting positive trends in their performance. According to NOW Wallet, transaction volumes for SOL and XRP have risen, suggesting growing investor interest.
Solana’s Price Targets $265 Resistance as Bulls Take Charge
Solana is showing signs of bullish momentum, with its relative strength index above 60 and a positive MACD level. Despite a dip of nearly 8% in the past week, the cryptocurrency remains up by almost 50% over the last six months. The current price ranges between $182 and $234, approaching the nearest resistance at $265. If the upward trend continues, Solana could reach the next resistance level at $318, which would be an increase of about 30% from its current price. Transaction volumes have notably increased, according to NOW Wallet, an all-in-one app for securely managing cryptocurrencies like Solana without custody or hidden fees.
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XRP Targets $3.50 Resistance as Bulls Gain Momentum
XRP’s price is hovering between $2.29 and $3.04. Despite a 14% drop over the past week, it has risen by over 8% in a month and surged by nearly 338% over six months. Momentum indicators suggest the market is neutral but leaning towards bullish. If the price moves past the $3.50 resistance level, it could reach $4.25, which would be an increase of over 40% from current levels. Notably, transaction volumes involving XRP have increased, according to NOW Wallet, an app for securely storing, swapping, staking, and managing cryptocurrencies without custody. XRP can be held on NOW Wallet with no registration and no hidden fees.
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Conclusion
Solana and XRP present unique opportunities for investors and traders seeking potential gains in the upcoming quarter. Solana offers fast transaction speeds and a growing ecosystem of decentralized applications. XRP focuses on efficient cross-border payments with strong ties to financial institutions. For those looking to invest in these cryptocurrencies, the NOW Wallet app provides an excellent platform. It ensures privacy and security without requiring registration or holding user funds. Managing cryptocurrencies becomes simple with NOW Wallet. Users can perform fiat-to-crypto operations easily. The app supports storage and instant exchanges of thousands of tokens across major blockchains. Its built-in cross-chain swapping capabilities further enhance the user experience.
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