Solana (SOL), XRP (XRP), and Terra (LUNA) reportedly Observe Over 8% Rally

Cryptocurrency News Price Analysis Solana (SOL)

The support for Solana (SOL) seems to have increased in the past 24-hours by the investors. This is the reason why Solana has observed an 8.32% rally in the past 24-hours. The 24-hour period is not the only time the investors have displayed their buying power.

The investors have continued displaying their buying power even in the past 7-days, as Solana has observed 18.29% in the respective period.

On January 29, 2022, the price for Solana revealed by TradingView was $97.3 per SOL. However, Solana’s price has continued surging in the respective period, as the 24h trading volume for Solana has also surged by 30.92%.

The 24h trading volume for Solana has moved up to $3,364,822,828, which means that investors are acquiring Solana in abundance. If the bulls continue with their buying activities, the price of Solana may hit $108.88 per SOL in near future.

Once Solana hits the first strong resistance mark, the bulls may try and push Solana up to its second strong resistance mark ($118.14). The third strong resistance mark for Solana at the moment is $128.18.

XRP (XRP) is also observing a 24h growth rate that is similar to that of Solana. XRP’s price has surged by 8.85% in the past 24-hours. Whereas, XRP’s price has been boosted by the high buying input of the investors in the past 7-days, resulting in a 9.14% rally. At the time of writing, the trading price of XRP versus the USDT is worth $0.6737.

For investors wanting to push the price of XRP in the upward direction, they will need to launch a strong buying rally. As a result, the price of XRP may hit its first strong resistance mark ($0.7352).

The more investments the users make in favor of XRP, the higher its price may grow. Therefore, if the investors keep making more investments, then the price of XRP may grow up to $0.7977. Another strong rally would mean that XRP has earned the respect of many investors. Therefore, the price of XRP may grow up to $0.8655 per XRP.

Terra (LUNA) is also observing a stronger level of interest from the investors’ end that has helped push its price higher. The strong support of the investors in favor of LUNA has helped create a 10.96% surge in the price of LUNA. Even the past 7-day analysis shows a 7.92% surge, finally bringing LUNA’s price up to $56.58 per LUNA.

The strong march being recorded from the investors’ end may grant an initial uplift worth $61.06 to LUNA. Going forward, if the RSI travels inside the positive territory, more positive sentiments would surround LUNA, helping it elevate to $65.89 per LUNA.

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