Solana’s 540-Day Dominance Over Ethereum Collapses—XRP’s Brief Rally Fizzles

Solana’s marathon bull run against Ethereum—a staggering 18-month streak—has finally hit the wall. Meanwhile, XRP’s recent uptrend proves as fleeting as a crypto influencer’s credibility.

Markets shift fast, but one thing stays constant: traders will always find new ways to lose money in style.

Additionally, the weekly chart MACD histogram is printing red, indicating a strengthening of the downside momentum.

The immediate support is seen at 0.055 (the Feb. 25 low). The pair needs to MOVE back above the Ichimoku cloud to negate the SOL bearish outlook.

Another coin showing a shift in market trend is XRP, the cryptocurrency designed for cross-border payments.

XRP has dived out of a bullish ascending channel, marking the recovery from the early April lows NEAR $1.6.

The breakdown has exposed support at $2, which acted as floor several times early this year. Should the buyers fail to defend that, a deeper slide to $1.60 could be seen.

On the higher side, the recent high of $2.65 is the level to beat for the bulls.