Crypto Market Today: SOL, XRP, GAL Stand Out as Market Fails to Reach Consensus

• SOL, XRP, and GAL emerged as some of the top performers in the market in terms of 24-hour gains.
• SOL may look to overcome the negative trend line that had formed on its daily chart over the past few weeks.
• A medium-term bullish technical flag was triggered on GAL’s chart which may lead to it climbing to $1.4510.

Solana (SOL), Ripple (XRP), and Galxe (GAL) emerged as some of the top performers in the market throughout the past day of trading. During this same period, the total market cap of the cryptocurrency market increased by 0.62%, according to CoinMarketCap. Despite this increase, investors were not able to reach a consensus regarding which way prices should move.

Solana (SOL)

SOL was able to achieve a 24-hour gain of 0.16%. This positive performance added to its weekly performance as well, pushing the altcoin’s weekly streak to +11.14%. As a result of the latest price movement, the altcoin was changing hands at $19.87 at press time.

From a technical perspective, SOL was able to break above both the 9-day and 20-day EMA lines over the past 48 hours and continued to trade above these two technical …

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