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Ripple has been quite volatile in the last 24 hours; it has shown significant volatility, falling from $2.2964 to $2.1795. It is critical for the price to stay above $2.00. If the upward momentum is reviv and the $2.30 level is exce, there is a scenario where the bulls can take control. Positive news such as Franklin Templeton’s application for an XRP-bas ETF may cause Ripple to attract attention from institutional investors. Improvements in macroeconomic factors and increases paid search and social advertising in trading volume on the XRP network support the price to gain positive momentum. However, closing below $2.00 may cause trouble. While Ripple draws a very volatile chart in the short term, it would be a good strategy to consider macroeconomic data and trading volume.
Daily Solana Comments
Solana rose to $152.85 in the last 24 hours, but the price has pull back to $148.40. While the fact that the network still carries the “Mainnet Beta” label the competition gave participants a chance creates some negative opinions, the transaction volume on the network can ruce concerns as a performance indicator. Solana’s transaction volume has surpass Ethereum on decentraliz exchanges, which may have creat a support america email area for the price. However, the interest of institutional investors and large purchases on Solana seem to be decisive on price movements in the long term. In technical terms, Solana is likely to maintain its $147 support level and target $180. The upside potential for Solana is strong, but you should be careful about the risks caus by short-term fluctuations.