XRP, SOL, and LINK attempt recovery after recent pullbacks
The post XRP, SOL, and LINK attempt recovery after recent pullbacks appeared on BitcoinEthereumNews.com.
The crypto market is on an upswing today, with crypto prices showing early signs of recovery after recent pullbacks. Let’s take a look at what’s next for XRP, SOL, and LINK as they rebound from key levels. Summary XRP price is consolidating within a descending triangle, with $2.70–$2.74 acting as critical support; a breakdown could target $2.58, while a breakout above $2.99 would shift momentum bullish. SOL price rebounded from the $193 level—supported by both trendline and Fib confluence—suggesting bullish continuation if it stays above this key zone. LINK price bounced from the $19.80–$20.10 support cluster but must reclaim $22.00 to revive its uptrend; otherwise, it risks sliding toward $18.00. XRP price analysis Ripple (XRP) has recently rebounded from a dip to $2.70, solidifying the $2.70–$2.74 zone as strong horizontal support. However, the broader price action is being compressed between this support and a descending trendline that has capped price since the July peak. This structure forms a descending triangle pattern — a bearish continuation setup where lower highs consistently press price downward into a flat support base. The repeated tests of the $2.70–$2.74 band make it a critical pivot zone as a breakdown here could trigger a sharper move lower, potentially to the 0.618 Fib at $2.58, which represents the next major support level. A breakout above the descending trendline and the 0.382 Fib at $2.99—which also coincides with the psychological $3.00 barrier—would invalidate the bearish bias of the pattern, paving the way for a potential recovery toward the $3.20–$3.40 range. Source: TradingView Solana price analysis After topping out near $253, Solana (SOL) price entered a sharp correction and eventually found support around $193, which aligns with the 0.382 Fib of the previous rally as well as a rising trendline that has been respected since mid-July. What was once…
Filed under: News - @ September 30, 2025 9:29 am