-
The breakout of XRP above $3.22 may signal a further bullish trend towards $3.50.
-
Solana faces a key resistance at $260. Breaking this barrier could lead to a potential upside of $280.
-
Ondo consolidation could lead breakout or bearish phase depending on volume.
Investors are focusing on digital assets of U.S. origin, such as XRP, Solana, and Ondo, as the cryptocurrency market continues to grow. Market participants are analyzing price movements of these assets as the date for February 2025 approaches.
XRP Holds Gains and Eyes a Breakout
XRP’s current price of $3.16 has shown a steady upward movement, even though the trading volume has decreased. The coin has recently tested critical support and resistance zones including a crucial $3.10 support zone and a $3.22 resistant zone.
Source : Coinmarketcap
If bullish sentiment increases, a breakout above $3.22 may push the price up to $3.30 or even $3.50. A fall below $3.10 could lead to a correction. The next support is $3.00. Despite reduced trading, XRP’s trajectory is still supported by higher lows. This signals potential growth in the future.
Related to: XRP and Solana: Top Crypto Picks for the U.S. in 2025 under Trump’s leadership
Solana tests key resistance levels
Solana is one of the best-performing cryptocurrencies. It recently reached $255.00, a 7.45% gain in the last day. The rising market capitalization and strong price movement suggest that a bullish pattern could continue until February 2025.
Source: Coinmarketcap
The key resistance levels are $260.00 and 270.00. A break above $270.00 can pave the path to $280.00. Failure to maintain support at $250.00 may trigger a pullback towards $240.00.
Related: Cardano, XRP and Solana Shine As Bitcoin Crosses $100,000
Ondo Faces Limited Activity, Narrow Price Range
Ondo is consolidating at $1.31 after a minor increase of 0.27% in the last 24 hours. The $4.14B market cap indicates that the asset is still popular, but the drop in volume suggests a reduced level of trading activity.
The price is stuck in a narrow range with resistance at $1.40 and support at $1.30. A breakout above the $1.40 level could pave the path for further upside with the next target being around $1.45. If the price does not hold $1.30 then a retest at the $1.25 level could trigger a deeper corrective phase, signaling the potential for a bearish phase.
