The crypto market is in one of those indecisive moods again, some coins are pushing into resistance, others are trying to bounce off support. And as traders, those are exactly the moments we look for. Right now, three popular altcoins, Solana (SOL), Litecoin (LTC), and XRP, are sitting at interesting spots. If you’re actively trading, it’s worth paying attention to what these charts are showing.
Let’s break it down without overcomplicating things.
Solana (SOL/USDT): Stuck in the Middle, Leaning Bearish
- Current Price: Around $166.5
- Main Resistance: $167–168
- Key Support: $162.4 and below that, $158
Solana is dancing in a tight range between two key moving averages. The resistance at $167 is proving sticky, and unless price pushes through with solid volume, there’s a good chance we’ll see a pullback.
What you can do:
If SOL can’t get above $168 soon, I’d lean toward a short setup.
- Sell near: $166–167
- Stop: Just above $168.5
- Target: First $162, then maybe $158 or even $153 if things unravel.
If price flips above $168 and holds, that’s your signal to flip the plan and look for a long toward $172 or even $181.
Litecoin (LTC/USDT): Rally Looks Tired
- Current Price: About $119
- Big Resistance: $121
- Reliable Support: $114, then $109
LTC had a pretty solid bounce from the $104 zone and is now brushing against its ceiling. But momentum seems to be fading, and this push feels overextended.
What you can do:
Unless it breaks $121 cleanly, I’d be thinking short here.
- Sell around: $118.5–119.2
- Stop: $121.6
- Target: $114, then possibly $109.5 or $104 for a deeper correction.
Of course, if it smashes through $121 and stays above, that opens the door for $126–$131. But right now, I’d be cautious chasing it up there.
XRP/USDT: At That Annoying Resistance Again
- Current Price: $3.05
- Heavy Resistance: $3.10
- Strong Support: $2.95, then $2.85
XRP keeps testing the same zone around $3.00–3.10 but hasn’t been able to hold a breakout. If you’ve been watching this pair, you know how tricky it’s been.
What you can do:
This one’s a coin flip, but I’d lean short unless it really clears $3.10.
- Short idea: Enter at $2.99–3.00
- Stop: Just above $3.02
- Target: $2.955, then $2.92 or $2.85 if selling accelerates.
If it closes above $3.10 with strength, I’d switch sides and aim for $3.25 or $3.30 on the upside.
Here’s a quick comparison if you’re juggling trades:
| Coin | Bias | Entry | Stop | Targets |
|---|---|---|---|---|
| SOL | Short | $166–167 | > $168.5 | $162 → $158 → $153 |
| LTC | Short | $118.5–119.2 | > $121.6 | $114 → $109.5 → $104 |
| XRP | Short | $2.99–3.00 | > $3.02 | $2.955 → $2.92 → $2.85 |
Nothing here is financial advice, but if I were actively trading today, I’d be eyeing these setups, watching how they react at those key zones, and letting price action lead the way.
Don’t rush in just because it looks good on paper, wait for confirmation. And always use stops. The market doesn’t care how sure you are.
Disclaimer
This analysis is shared purely for educational purposes and should not be taken as financial advice. Always do your own research and evaluate the risks before entering any trade. We are not encouraging or motivating you to trade, and any decisions you make are entirely your responsibility. Trading involves risk, and we are not liable for any profits or losses that may occur as a result of your actions.
