Cryptocurrency Market Under Pressure as US-Iran Conflict Escalates
The cryptocurrency market has been under significant pressure since the US-Iran conflict escalated in February 2026. Investors are moving towards safer assets, and crypto markets are responding accordingly.
Claude AI analyzed the technical charts of Solana (SOL) and XRP to predict their potential price movements if the conflict intensifies. The analysis suggests that SOL may face a dangerous technical setup, with its price currently at $79. This is below the 7-day SMA of $82.94, the 30-day SMA of $88.74, and drastically below the 200-day SMA of $158.01.
The RSI for SOL sits at 40.61, indicating weak momentum without being deeply oversold. The MACD histogram is mildly positive, hinting at a fragile short-term stabilization attempt. However, this could collapse quickly if geopolitical risk intensifies.
For XRP, the critical level to watch is $1.13. A close below this level could push XRP toward the $0.85 to $0.95 range, a scenario that seemed unlikely just weeks ago.