Crypto Market Update: Aptos, Ripple, adn Solana in Focus
Last week, cryptocurrency prices saw mixed trends. President Trump’s tariff announcement and Fed Chairman Powell’s stagflation warning affected the market. Bitcoin stayed between $82,000 and $85,000, wiht the total market cap slightly down at $2.65 trillion. This week,Aptos,Ripple,and Solana are key players to watch.
Aptos (APT) has faced a tough year, dropping from $15.32 to $4.70. The crypto crash and token unlocks caused this decline.Aptos has 604 million tokens in circulation out of 1.14 billion. monthly, 11.3 million tokens unlock. The next unlock on Saturday will release $52 million worth of tokens. If Aptos breaks below its current support level, it could fall below $4. However,a rise above the 50-day moving average at $5.80 would signal a bullish turn.
Ripple (XRP) is also in focus. On Sunday, it traded at $2.10, just above a key support level of $1.9325. This level is part of a head and shoulders pattern. If XRP drops below $1.9325, it could fall to $1.5370, a 26% decrease. This level is also the 50% Fibonacci Retracement.
Solana (SOL) is another top pick. It reached a crucial support level of $115, its lowest since March. Solana is forming a double-bottom pattern with a neckline at $147.18. If it breaks below $115, it could fall to $100. though, staying above this level could signal a bullish reversal.
