XRP news today: Altcoins Surge as Ethereum Gains 0.62% and Chainlink 1.41%

Altcoins have shown signs of a resurgence, with Ethereum, Sui, XRP, Chainlink, and Solana leading the charge. These tokens have demonstrated distinct price actions over the past 24 hours, with some indicating bullish momentum while others are in brief consolidation phases. The stability of Bitcoin has provided a supportive environment for this renewed altcoin momentum, with breakout setups emerging across key tokens.

Ethereum (ETH) experienced a sharp rebound, opening around $1,803.90 before dipping near $1,755. A late-session surge lifted the price to $1,816.76, marking a 0.62% gain. Support remains firm between $1,755 and $1,760, while resistance caps near $1,816–$1,818. Trading volume soared 57.21%, strengthening ETH’s breakout setup. A daily close above $1,818 with firm volume signals a continuation toward higher targets. Range trading between $1,780 and $1,803 remains the fallback.

Sui (SUI) started the day strong, hitting a peak at $3.78 before slipping into a downtrend. It now trades at $3.53, down 2.37%. Immediate support stands firm at $3.49-$3.50, while resistance looms at $3.62. Trading volume increased by 56.39%, suggesting heightened participation despite the price drop. Consequently, a break below $3.50 may drive SUI toward $3.45. Conversely, reclaiming $3.63 could renew bullish momentum and target a retest of $3.78.

XRP showed early bullishness but failed to maintain its highs, slipping slightly by 0.41% to $2.27. Key support at $2.25-$2.26 remains critical, while resistance at $2.30 caps upward movement. A drop in trading volume by 8.73% hints at fading momentum. Hence, XRP must hold above $2.25 to avoid further declines toward $2.22. A breakout above $2.30 could revive a bullish narrative and retest the $2.34 peak.

Chainlink (LINK) turned heads with a solid 1.41% daily gain, ending at $15.15 after bouncing from $14.50 lows. Support is firm between $14.50-$14.55, while resistance at $15.20 stands ready to be challenged. A 20.19% spike in volume reinforces the bullish bias. If LINK breaks $15.20, it could quickly target $15.35. However, failure to breach this level may trigger a retreat toward $14.80.

Solana (SOL) faced strong selling pressure, dropping 2.07% to close at $147.96 after an early push to $152. Key support lies at $145.50-$146.00, while major resistance is established around $150.90. Despite a 57.02% surge in volume, sellers currently dominate. Hence, SOL must reclaim $150.90 to regain upward traction. Otherwise, risks of retesting $145 or lower persist.

Investors are closely watching key price levels that could dictate the next big moves in the crypto market. The surging trading volumes across major altcoins indicate renewed market interest, suggesting upcoming volatility. The stability of Bitcoin has provided a supportive environment for this renewed altcoin momentum, with breakout setups emerging across key tokens. Ethereum, Sui, XRP, Chainlink, and Solana are leading the charge, with distinct price actions over the past 24 hours. Some tokens hint at bullish momentum, while others are caught in brief consolidation phases. The next few days will be crucial in determining whether this altcoin rally can sustain its momentum.