Advertisement
AD

Main navigation

Advertisement
AD

XRP and SOL Price Analysis for October 2

Advertisement
Sun, 2/10/2022 - 12:19
XRP and SOL Price Analysis for October 2
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Bulls could not hold the initiative until the end of the week as most coins have returned to the red zone.

Advertisement

Top coins by CoinMarketCap

XRP/USD

Even though the rate of XRP has almost not changed since yesterday, the price has dropped by 3% over the last week.

XRP/USD chart by TradingView

On the daily chart, nothing crucial has happened as XRP keeps accumulating power, trading in the narrow range. Low volatility is also confirmed by decreasing volume. If buyers want the rate to return to the bullish zone, they need to bring XRP back to the $0.50 mark

XRP is trading at $0.4748 at press time.

SOL/USD

The rate of Solana (SOL) has declined by almost 1% over the last 24 hours.

SOL/USD chart by TradingView

Solana (SOL) is trading similarly to XRP as neither side has accumulated enough power for a sharp move. If bulls can keep the rate above the $32 mark, one can expect a rise to $35. However, if they fail to do that, the decline may lead to a test of the $30 support zone.

SOL is trading at $32.80 at press time.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD