Crypto Prices Today: XRP, SHIB, SOL Near Breakout Levels Amid Stronger Momentum

XRP and Solana are on the verge of breaking out from their prolonged declines. The tokens have been trading at critical resistance levels, but a significant increase in volume and stronger momentum is supporting fresh recovery attempts.

XRP has spent weeks trying to stabilize after falling below its multi-month trading range. It found support near $1 and then advanced toward the resistance zone around $1.12. Trading volume recently increased by more than 20%, indicating renewed participation.

For XRP, buyers need to reclaim $1.29 to make a move toward $1.50 more achievable. However, this would not change the wider bearish trend.

Shiba Inu has bounced from support between $0.0000041 and $0.0000042 but remains below its 50-day, 100-day, and 200-day moving averages. Its first technical barrier sits near $0.00000459, where the short-term moving average currently stands.

Solana has rebounded sharply from its June lows near $65 and now trades around $81. The advance has moved SOL above its short-term and medium-term moving averages. The next battle sits between $82 and $85, which combines the 100-day moving average with former support levels that became resistance after the earlier breakdown.