The market is quite lively lately; on one side, XRP seems poised to 'replicate the myth,' while on the other, Solana appears to have slipped on a banana peel, starting to slide downhill... Let's take a look at what has happened recently with these two popular coins👇

🌀XRP: Will there be another wave of legendary replication?

XRP has been fluctuating around $2.2 recently; on the surface, it seems quiet, but an analyst suddenly made a bold move:
He overlaid the chart from the XRP surge in 2017 onto the current XRP weekly chart, and to his surprise—the structures are remarkably consistent.

📈 It looks like a gigantic 'bull flag'. This is interesting; back then, it 'fiddled around' for a while, then skyrocketed, breaking through $3.4, scaring a lot of shorts.

📊 RSI (Relative Strength Index) has also shown a similar compression state; historically, this has been a precursor to significant rises.

🧠 The key point is—XRP is still standing on the 50-week EMA (which was its launch pad back then), so if this wave really replicates successfully, it might not just rise a little but could directly soar to over $20!

But don't get too optimistic too early...

🧊 But let's calm down: the short-term trend looks a bit 'hollow'.

Although the structure looks like a bull flag, some technical analysts have poured cold water on it:

📉 XRP previously attempted to break $2.2 but couldn't hold, and has been pushed back; the pattern is approaching a 'descending triangle'.

🔻 If this wave doesn't break with volume, it may continue to retrace, potentially dropping to around $2, near the 200-day moving average support.

📉 RSI is also quite lackluster, moving sideways around 45, neither bullish nor bearish.

📊 So short-term bulls should be cautious; if it really breaks below $2, then see if there are opportunities to buy low.

🕵️Solana: Dormant funds have suddenly become active; are long-term holders taking action?

It's Solana's turn to take the stage. Recently, there have been some 'unusual actions' on-chain.

📊 Glassnode data shows that Solana's 'Coin Days Destroyed (CDD)' has suddenly surged—this means that old coins that haven't moved for a long time are now being transferred.

🚨 A total of 3.55 billion coins' 'coin age' has been cleared, which is a very significant figure, second only to the two major shocks in February and March this year.

What does this indicate? Perhaps some 'diamond hands' are preparing to offload, or at least they are starting to get restless... 🐒

📉 The technicals are worsening: SOL has broken below key support.

Looking at the technicals, Solana does not look optimistic:

  • It has already fallen below the 50 and 100 EMA.

  • The support at 155~160 has not held, turning into resistance.

  • RSI is trending down, with selling pressure increasing.

The most alarming thing is, if these supports aren't quickly recovered, the next key position is the psychological barrier of $100, meaning there is still nearly 35% downside potential... just sounds painful.

With the overall market currently weak, and the bloodsucking effect of ETH and BTC strengthening, Solana may really have to carry itself for a while.

🧩 Summary: One is ready to soar, while the other may lag behind?

✅ Practical advice for friends:

🎯 For short-term players: Manage your positions well, avoid chasing highs, and don't go against the trend;
🔍 For observers: Wait for a wave of trading volume confirmation before deciding whether to take action;
🗣 For those positioning: A pullback could actually be a good thing, look for opportunities to pick up bargains; otherwise, how can you call it 'positioning'?

The market won't rally every day, but opportunities are reserved for those with patience.

What do you think about the upcoming trends of XRP and SOL? Feel free to share your views in the comments 🔥

🔁 Feel free to like and share with your crypto friends, follow me for more insights into the latest crypto dynamics!

💬 If there are any projects you want to discuss, feel free to join us! Let's explore the crypto world together and cheer each other on 😎