The crypto market is experiencing volatility as XRP, Solana, and Pump.fun’s PUMP draw attention. XRP has seen a decline of 1.16%, struggling to maintain momentum after reaching an eight-year high. The Relative Strength Index (RSI) shows slightly bearish conditions, indicating consolidation and a potential sideways movement. Solana fell 3.06%, despite positive community support for its Alpenglow upgrade, reflecting active selling pressure. Meanwhile, Pump.fun’s PUMP token surged 6.37% amidst this downturn, supported by recent upgrades aimed at enhancing trading volumes and rewards for creators. The analysis highlights critical support and resistance levels for XRP and Solana, emphasizing that market dynamics are influenced by broader economic factors, including expectations of Federal Reserve rate cuts, which maintain a climate of caution among retail investors.

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