XRP’s bullish move – Here’s a look at Solana’s role

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Explore XRP's bullish momentum after a key level rejection, market trends, SOL correlation, and potential price breakout.

XRP price surged by 3% after rejecting key trendline support level around $0.4645 in the last 48 hours.has shown signs of bullish momentum in recent days. The XRP price bounced off the ascending trendline support at $0.4645 and surged by 3% in the last 48 hours.

According to CoinMarketCap data, the XRP price stands at $0.4764, a 1.55% surge in the last 24 hours and a 2.39% surge in the last 7 days. Its trading volume has spiked by 1.22% in the last 24 hours.AMBCrypto’s analysis of Hyblock capital’s data revealed interesting aspects. The liquidation heatmap data indicates a bullish bias towards the $0.5 level. This anticipates for a further price surge.Further fueling market sentiments was a report on Solana ETFs.

Source: News Formal (newsformal.com)

 

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