A widely recognized crypto strategist, known for accurately predicting movements in Bitcoin (BTC) and altcoins, has expressed concerns about the current situation of XRP. The coin is facing difficulties in maintaining its position above a critical price level.

According to the pseudonymous analyst DonAlt, who has a following of 640,100 on the social media platform X, XRP has lost its immediate support at $2.95 after the marketwide sell-off on Saturday. The analyst believes that XRP must regain this critical area, otherwise the altcoin is likely to experience further downward price movement.

“At support right now. Would be nice if it bounced this weekend otherwise we might be in for some short-term pain.”


Source: DonAlt/X

By analyzing the trader’s chart, it appears that if XRP fails to reclaim $2.95 as support, it may fall to $2.72. As of now, XRP is valued at $2.93, showing a decrease of over 4% in the day’s trading.

In regards to Bitcoin, DonAlt states that BTC seems to be holding strong, despite President Donald Trump’s threats to impose significant tariffs on foreign nations exporting their products to the United States. The analyst considers tariffs to be a significant factor that adds uncertainty to an already volatile crypto market.

“BTC moves down 1% and everything else in the market tanks. BTC itself still looks fine but it’s obviously not great that we’re back to this support AGAIN. Considering the economical nukes Trump is throwing around, I’m surprised BTC hasn’t tanked more.”


Source: DonAlt/X

Based on the trader’s chart, it is predicted that BTC will decline to its support level at $99,000, as it continues to respect resistance at $106,222. At present, BTC is valued at $101,342.

Moving on to the layer-1 protocol Solana (SOL), the analyst believes that the altcoin is preparing for a sustained surge to new record highs, despite facing resistance at $250.

“SOL: Weaker and weaker rejections off of prior all-time high ($250). Not a bad chart… Starts looking quite good the moment it starts closing new highs and those become more and more likely the more often it tests $250.”


Source: DonAlt/X

Analyzing the trader’s chart, it is suggested that the next support level for SOL is at $190. Currently, SOL is trading at $217.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook, and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney