The post Analyst Gareth Soloway Reveals What’s Next For Bitcoin, Ethereum, XRP and Solana Prices appeared first on Coinpedia Fintech News
One of Wall Street’s most followed technical analysts has laid out his clearest forecast yet for the four biggest names in crypto. Gareth Soloway, Chief Market Strategist at Verified Investing, is bullish in the short term but is sending a warning about what comes next.
Bitcoin: Still Chasing $80,000, But Time Is Running Out
Soloway has had an $80,000 to $85,000 target on Bitcoin for over a month, and he is not abandoning it yet. Bitcoin reached $76,000 before pulling back, and the chart structure is still holding higher highs and higher lows, which is technically bullish.
The critical support level to watch sits at $68,000. As long as Bitcoin holds above this line, Soloway believes the path to $80,000 remains open, possibly extending into April.
But here is the part most traders are missing. Soloway is clear that this is an intra-bear market rally, not the beginning of a new bull run. The bigger macro pattern forming on the chart is pointing toward an eventual breakdown to the downside.
“At some point the bigger pattern is going to take over,” he warned.
Ethereum: Rejected at $2,400, But Still Alive
Ethereum got turned away just below $2,400, and Soloway says the chart explains exactly why. The macro picture for ETH mirrors Bitcoin, bearish over the longer term. But in the near term, the higher highs and higher lows structure remains intact.
He is watching a key support zone closely. If Ethereum breaks below it, he says traders should watch out below. If it holds, there is still a chance to push toward the upper trend line resistance.
Solana: The Most Bullish Chart of the Four
Soloway reserved his most bullish comments for Solana, where he is holding a position with an average entry around $82. With Solana trading near $92 at the time of his analysis, he is sitting on a comfortable gain.
His near-term targets are clear. He plans to take half his position off the table near $100, and another portion if it pushes toward $105. The best-case scenario, he says, is a return to the $118 resistance area.
“This one is actually looking the most bullish,” he said, adding that the chart structure is clean and the upside trajectory is well-defined compared to the others.
XRP: A Shot at $1.70
Soloway called XRP’s chart setup “very good” and said he believes XRP has a genuine shot at reaching $1.70. The reasoning is clean: XRP broke out, pulled back, held its support level, and is now setting up for the next leg higher.
