Solana

Bitcoin

Chainlink

Rise

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/crypto-market-analysis-heres-what-next-for-xrpxrp-solana-sol-chainlink-link-price/">Crypto Market Analysis: Here’s What Next for XRP(XRP), Solana (SOL) &amp; Chainlink (LINK) Price</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p>
<p>The past weekend failed to induce enough volatility that could have lifted the Bitcoin price beyond $28,000. This has forced the majority of the altcoins to maintain a sideways trend, including the ones in the top 20. XRP price holds the $0.51 support level, Solana (SOL) is showing signs of weakness, and Chainlink (LINK) is preparing for a bullish flight! Let’s dig deeper!</p>
<h2 class="wp-block-heading" id="h-xrp-xrp-price-flashing-bearish-signals-could-drop-below-0-5">XRP (XRP) Price Flashing Bearish Signals, Could Drop Below $0.5&nbsp;</h2>
<figure class="wp-block-image"><img decoding="async" src="https://lh5.googleusercontent.com/PVSTxGebXb1NKwcg306ILt-g_YAbFF2T9D2IHqkSbnWtsUSJe88Tk8HfhRFcsraMwZbxpRoWFR6wAewM9rrtbFXITQQOkfhyXV-wI6swZ-C8dLC-ujRGKgGFGDlMQ1CdsI2Va17u5ens2gM3Yhjq1b8" alt="">
</figure>
<p>The <a href="https://coinpedia.org/information/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> in the short term (4 hours) is testing the pivotal trend line, which has been followed for over a month. Selling pressure has intensified, which may compel the price to pierce through the trend line and drop within the lower support zone. This zone can be largely considered a reversal zone with deep liquidity. Therefore, significant chances of a flip emerges; otherwise, if bearish actions intensify, a drop below $0.5 to $0.48 is imminent.&nbsp;</p>
<h3 class="wp-block-heading" id="solana-sol-price-eyes-for-a-retracement-before-explosion">Solana (SOL) Price Eyes for a Retracement Before Explosion</h3>
<figure class="wp-block-image"><img decoding="async" src="https://lh3.googleusercontent.com/KYz67P--exQtGFYBGgVDj2cCJFLKoOzINz-QryiqZ5V6owWt9O_iuOxJaKgnIi5AV5uDf2ALBWJmDNm7t3JkoB9ZZ7NmprCqiIimPE8mUabbdrQIoHXtoC9o0xdv9DLdLbvcsf7qgmaeo8_l4IzkTVs" alt="">
</figure>
<p>The <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Solana price</a> experienced a massive fall in September, which was initially expected to test the lower support below $15. Nevertheless, a rebound occurred at $17.38, causing a fine rise of more than 42% to mark the monthly highs at around $24.76. Presently, the bulls appear to have been exhausted to a large extent as the price has been consolidating, forming a bull flag. Therefore, to trigger a bullish jump, the price is required to maintain a descending consolidation and reach the apex close to $23. This could further propel the SOL price towards the upper resistance above $25 in the coming days.&nbsp;</p>
<h3 class="wp-block-heading" id="chainlink-link-aims-for-a-10-rise">Chainlink (LINK) Aims for a 10% Rise</h3>
<figure class="wp-block-image"><img decoding="async" src="https://lh3.googleusercontent.com/ANQOasoKAAWpp2DCNTevaUdFQgOSMPdt4JqQ1YeTvSwqwmvSuMkzmmRhH-Js__voBWZO-kZHkfeBnXX7lpLbEstSJ1jyAQcUlH56wHl4t95UMG3txzjNrvNDKT9GB60wprNI2Ja4kstV70z-a7tC0_A" alt="">
</figure>
<p>Chainlink has been consolidating below $9 for more than a year, and after facing multiple rejections at the same levels, a clear rise above has become mandatory. The <a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">LINK price</a> is attempting again to test these levels, but the bears hindered the progress of the rally at $8.2. The LINK price faced a minor pullback but is able to hold above $7.4, indicating a probable jump beyond $8 this week. Further, if the bulls regain their dominance, the Chainlink (LINK) price may rise and test the $9 zone, but it may certainly not remain above the gains for a long time.&nbsp;</p>

Crypto Market Analysis: Here’s What Next for XRP(XRP), Solana (SOL) & Chainlink (LINK) Price

Table of Contents

CoinPedia News

Other articles published on Oct 9, 2023

Sensigo’s AI Tool is Porsche’s Answer to Advanced Auto Diagnostics

Shiba Inu Sees Surprise Whale Inflow Spike Amid Crypto Selloff

Decentralized Finance (DeFi) Revolution: Advanced Smart Contract Features Drive Future Finance

Whales’ Interest in Chainlink Continues: Price Soared with One Transaction

FTX faked its insurance fund amount using Python code: Wang Gary

Bitstamp in talks with three EU banks to offer crypto services

Join our free newsletter for daily crypto updates!