Crypto Markets Struggle: Ripple and Solana Prices Weaken

Ripple's price has been struggling to extend last month's advance, indicating moderating buying pressure. The technical outlook for XRP suggests a mild near-term bearish bias as momentum weakens.

XRP is currently trading around $1.3800 and testing the 100-period Exponential Moving Average (EMA) on the four-hour chart at $1.3760. This has kept the near-term bias tilted to the downside, with the Relative Strength Index (RSI) hovering around 41 on the four-hour timeframe.

The Moving Average Convergence Divergence (MACD) has declined below the zero and signal line, reinforcing the risk of further downside. The immediate demand zone for XRP is at $1.3069, supported by the 50% retracement of the $0.9888 to $1.6999 upswing.

Solana (SOL) has been trading in the red for the fourth consecutive day but maintains a constructive bullish bias. It holds above the 20-, 50-, and 200-day EMAs, which reinforces a medium-term uptrend structure despite the recent pullback from the one-week high.