Crypto Market Analysis – ETH, XRP, SOL
1. Ethereum (ETH)
Structure: In potential 5th wave up (Elliott Wave).
Entry: On retracement near $2,730–2,760
Target:
TP1: $2,910
TP2: $3,000
Stop Loss: Below $2,500
Bias: Bullish while holding above $2,500. A break below $2,319 invalidates the setup.
2. XRP
Structure: Tracking potential 5-wave impulse (either Wave 1 or C).
Entry: On support hold above $0.52
Target:
TP1: $0.58
TP2: $0.61
Stop Loss: Below $0.515 (May 19 low)
Bias: Bullish as long as $0.515 holds. Both main scenarios point higher short term.
3. Solana (SOL)
Structure: Breakout from consolidation with strong fundamentals and ecosystem support.
Entry: On retest of support at $177–$173
Target:
TP1: $191
TP2: $200
Stop Loss: Below $170
Bias: Bullish with potential minor pullback. Fundamentals support higher continuation.