The crypto market has reclaimed the $3 trillion market capitalisation mark, and Solana, XRP and Bitcoin price are likely to be among the key gainers.

Bitcoin price has reclaimed the $95k support and will likely be on the upward trajectory in the near-term for as long as action stays above that level.

Crypto market capitalisation has now reclaimed the $3 trillion mark, and Solana, XRP and Bitcoin price are likely to be among the key gainers. Here’s a closer look.

Bitcoin price has risen steadily over the past month, reclaiming the crucial support at $95k, which could propel the coin toward further gains.

Bitcoin (BTC) is currently trading at $96,894, showing a slight increase of 0.8% over the past 24 hours. Additionally, there has been a surge in trading activity, with the 24-hour volume soaring by 45%. This heightened trading interest is evident as the coin’s price hovers above the pivot point at $96,175. A breakout above this level could favor the buyers to maintain control.

Moreover, a 2.4% rise in open interest contracts to $28.3 billion signals sustained institutional optimism. However, the volume of Bitcoin coins flowing into exchanges has decreased from $177 million to $-71.25 million, indicating that more coins are leaving exchanges than entering them. This shift favors further gains for BTC.

Bitcoin price pivots at $96,175 and the upside narrative will prevail above that level. On the other hand, breaking below that level will favor the sellers to take control.

First resistance will likely be encountered at $98,000. Second hurdle could come at $99,520.

First support at $95,010. Upside narrative invalid below that mark. Second support could come at $93,690.

Solana price has been on an upward trajectory since mid-July, recovering nearly 40% from the recent lows. The coin was trading at $147 at press time, with its traded volume rising by 35% in the last 24 hours. That denotes a bullishness that will likely keep it on the ascending trajectory.

There is also a notable spike in institutional appetite for SOL, with the coin in line for a potential spot ETF approval. This has seen some investors either accumulate or hold their coins in anticipation of the SEC decision. In the latest instance, DeFi Development Corporation revealed that it acquired 82,404 SOL for $11.2 million.

In addition, SOL Strategies bought 122, 524 SOL worth approximately $20 million. Such institutional investment patterns add traction to Solana price, which could enhance adoption.

Pivot: Solana price pivot mark is at $146.96. The buyers will be in the small hours if action stays above that level. Conversely, breaking below that mark will shift the momentum to the downside.

Resistance: SOLUSD will likely encounter the first barrier at $148.55. Breaking above that level could clear the path to test $150.00.

Support: First support at $145.36. An extended control by the sellers could see the coin break below that level, invalidating the upside narrative and potentially testing $143.75.

XRP price has been on a downward trajectory in the last week, registering -4.3% in losses during that time. The coin has been trading sideways for the past three days, encountering a notable resistance at $2.20. However, investors have been accumulating the coin, and its Open Interest volume grew by 0.53% in the last 24 hours to reach $3.66 billion.

The momentum on XRP price on the daily time frame is still bearish-leaning, with the Relative Strength Index (RSI) at 47. However, the Moving Average Convergence Divergence (MACD) line has crossed above the signal line on the shorter four-hour time frame, signaling early signs of a potential bullishness.

Pivot: XRP price pivots at $2.11. Action above that level signals bullishness. Otherwise, the momentum could shift to the downside.

Resistance: The first resistance is likely at $2.18. Second resistance at $2.24.

Support: Primary support could come at $2.07. Breaking below that level will invalidate the upside narrative. Second support is likely at $2.00.