$XRP On May 20, 2025, the XRP currency experienced notable fluctuations in its performance, with expectations varying between cautious optimism and pessimism supported by technical analysis.
Daily Performance
XRP traded in a range between $2.32 and $2.40, closing at $2.35, down 1.67% from the previous close. This decline followed a period of relative stability, indicating slight selling pressures.
Technical Analysis
Negative technical signals emerged, such as the formation of a "Death Cross" on the chart, which is a negative crossover between the short-term and long-term moving averages, potentially indicating a drop of up to 25% if the support level at $2.00 fails to hold.
Future Projections
Despite current challenges, some analyses suggest the possibility of a gradual recovery. For instance, some models predict that the price of XRP will reach $2.23 by October 2025, reflecting cautious optimism in the market.
Conclusion
While some technical indicators suggest potential selling pressures, the future outlook for XRP remains relatively positive, with the possibility of a gradual recovery if key support levels are maintained.
On May 20, 2025, the Solana (SOL) currency experienced an increase of 6.3%, rising from $159.69 to $173.03, with a large trading volume ranging between $167 and $170. This increase reflects a strong bullish shift supported by increased activity in the decentralized finance (DeFi) sector on the Solana network.
Despite this rise, some analyses suggest that the price may face resistance at certain levels. For example, forecasts indicate that the price of Solana may reach $170 by the end of May 2025.
From a technical standpoint, some indicators suggest that the currency may face challenges in breaking through key resistance levels. However, if the activity in the DeFi sector continues and participation in the network increases, there may be potential for further gains in the future.
Based on this information, investors are advised to closely monitor market developments, especially regarding activity in the DeFi sector, and to make informed investment decisions based on technical and fundamental analysis.
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