Bitcoin (BTC), XRP & SOL Price Prediction: What Should Investors Expect This Week?

The crypto market has seen some dramatic movements in the past few weeks, with sharp rises and falls. With a new week comes fresh hope, as investors (both short- and long-term) seek to enter new opportunities and exploit market trends. Bitcoin, Ripple, and Solana—three of the major cryptocurrencies—always attract a lot of attention, so it’s worth checking out what to expect from them this week.

Bitcoin, XRP, SOL Price Analysis for the week

Cryptocurrency prices have seen some wild movements in the last few weeks, with sharp rises and falls. But as a new week begins, there’s always fresh hope, as both short- and long-term investors (especially those who missed out on the last bull run) look to enter and exploit market trends.

Among the major cryptocurrencies, Bitcoin, Ripple, and Solana always attract a lot of attention, so it’s worth checking out what to expect from them this week.

Bitcoin (BTC) price is currently trading at around $97,800 at the time of writing, with a close to 70% increase in trading volume in the last 24 hours.

Although BTC has attracted the attention of many during this bull run, especially because of its volatility around the $100,000 region, its movement has been quite simple. Since mid-November, BTC price has been consolidating within a base price of $91,000 and a top around $108,000.

Reaching the base of the sideways price pattern has been a trigger for an upward recovery. The price got to this baseline a week ago, started to show some reversal patterns, and is already seeing some recovery. Today, the price has been up by close to 2%.

With this pattern, we could expect BTC to go towards $100,000, which has been a psychological support and resistance level. A break above the $100,000 zone is expected to trigger a move back to the top of the pattern. However, in case the general crypto market fundamentals become negative, buyers will need the $91,000 support to hold to continue being in control.

XRP price is trading at $2.4 at the time of writing, down by around 1% in the last 24 hours; however, with around 50% increase in trading volume.

Since the XRP price pullback that occurred during its last 400% price rally in November, the $2.0 level has been a strong support zone for the Ripple token. One could easily say the support could last for long, but a flash crash last week saw XRP price dip to around $1.7 before it recovered above $2.0 again.

The $2.0 level has not been tested well, and looking at the vacuum that the last price rally left, the price could still see a longer retracement in the medium term. The short-term simple moving average is currently above XRP and could serve as short-term resistance to price ascent.

However, for this week, the price of XRP will still be seen as bullish above the $2.0 support. A break below this level could see bigger dips to as low as $1.4 or then $1.1. Key levels to watch in case of a bullish move include $2.7 and then $3.3.

Solana (SOL) price is currently trading at $203, with the trading volume rising by around 38% in the last 24 hours. Solana has also seen a consistent bounce off the $178 zone. With the level serving as consistent support, there has been a close to 10% rally in the last 4 days.

The 50-day SMA combined with the resistance around that price, however, could be a short-term resistance to price at around $217. Breaking above this could see SOL price continue its move to the top of the bigger consolidation around $260. The $178 level is key to the overall bullish outlook.

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