Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#JoinCreatorCertificationProgramToEarn$10,000 #FOMCMeetingMinutesComingUp


What will happen to XRP and SOL?

Thursday is just hours away, and cryptocurrency investors are optimistic about the upcoming hours, driven by both employment data and the NVIDIA earnings report. While BTC is experiencing its expected recovery after a short-term oversold sell-off, it's still difficult to predict how it will unfold. And of course, the anticipated Supreme Court decision on tariffs remains a source of concern.

BTC is falling because it cannot show enough resistance from the non-stop selling of long-term investors. Especially after the historic liquidation of $19.6 billion on October 10, long-term investor sales, which accelerated until the end of October, continued in the new month.

November began with discussions about the AI ​​bubble, and the fact that the government shutdown would trigger a second blind Fed decision in December "due to delayed and largely useless data" suggests the best option is to mitigate risks. So, the decline wasn't surprising, but it was tiring because it came with practice.

Last night, spot selling finally turned into spot buying after the 89,000 level was breached for the third time.

As Trump heads towards the end of the year, where he meets with potential Fed chairmen, Powell could be the likely replacement. Waller is a leading favorite, and he's a strong player and has a positive outlook on cryptocurrencies. And, of course, he openly supports Trump's idea of ​​a rapid interest rate cut.

There's been a lot of good news, including new XRP and the SOL ETF launches, but these are being sacrificed to the overall market sentiment. While XRP has been relatively strong, its continued lower lows have been troubling. This appears set to reverse today, and if BTC continues its surge to $98,000, we could see a peak between $2.4 and $2.5.

SOL Coin is in a more difficult position than XRP Coin. The price fell more sharply, and its daily bullish candle was correspondingly larger. SOL Coin is expected to outperform during the bounce, as it was the third-highest-inflow altcoin through institutional investment products throughout 2025. Recovering $155 would be significant.

However, it should not be forgotten that the situation of BTC will determine the charts.
XRP-10.2%
SOL-10.87%
BTC-9.78%
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 14
  • Repost
  • Share
Comment
0/400
Crypto_Buzz_with_Alexvip
· 11-19 19:04
HODL Tight 💪
Reply0
Crypto_Wizvip
· 11-19 12:39
Watching Closely 🔍
Reply1
SubZero_vip
· 11-19 11:16
Bull Run 🐂
Reply0
AMIRA123vip
· 11-19 08:25
Thank you very much for the information and sharing🥰🥰🥰.
View OriginalReply0
ShizukaKazuvip
· 11-19 08:07
Just go for it💪
View OriginalReply0
AdEmKvip
· 11-19 08:05
thank you for sharing
View OriginalReply0
GateUser-68291371vip
· 11-19 05:54
Jump in 🚀
View OriginalReply0
GateUser-68291371vip
· 11-19 05:54
Hold on tight 💪
View OriginalReply0
Xxx40xxxvip
· 11-19 05:31
thank you for the information
View OriginalReply0
Asiftahsinvip
· 11-19 02:28
Bull Run 🐂
Reply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)