The cryptocurrency market extended its recovery on Friday, Sept. 19, with Bitcoin holding above $81,000 and the total market capitalization — the combined value of all cryptocurrencies — near $2.87 trillion. XRP, Venice Token (VVV), and Solana (SOL) all traded near key technical resistance after strong rebounds, and their charts showed improving momentum — although the technical targets discussed below remain conditional on those resistance levels holding or breaking.

XRP traded around $1.43–$1.44, Venice Token reached a record $29.40, and Solana held near $112. Below is a breakdown of the technical setup for each asset.

XRP: Golden Cross Keeps $1.70 in Focus

Ripple (XRP) has performed well over the past few months, climbing from its year-to-date low of $0.9848 to the current level of about $1.4166. The token peaked at $1.6972 on Aug. 22, its highest level of the year.

The gains have been driven by the ongoing crypto market comeback and continued inflows into XRP exchange-traded funds (ETFs), which have added more than $9.56 million. Accumulated inflows since launch stand at $1.7 billion, with total assets under management (AUM) of $1.51 billion. Because ETFs are listed funds that hold the underlying token, those inflow figures serve as a running measure of capital reaching XRP through fund products. XRP has also risen as growth of the Ripple USD (RLUSD) stablecoin has accelerated, with its market capitalization climbing above $2.4 billion — a reading that tracks the value of RLUSD in circulation.

Technical indicators suggest the token has more room to move higher in the near term. XRP has formed a bullish flag pattern, which consists of a vertical rally followed by a descending channel, and most recently printed a morning star candlestick pattern, a formation that typically precedes a reversal. Most notably, the token formed a golden cross on Sept. 1, when the 50-day Weighted Moving Average (WMA) rose above the 200-day WMA. This extremely rare pattern often leads to a strong bullish breakout, confirming that bulls have prevailed.

With those formations in place, the path of least resistance for the token is upward, with the next key target at $1.6972, the August high, roughly 20% the current level. A drop below the support level of $1.2340 would invalidate the bullish outlook. That makes the two levels to watch clear: $1.6972 as the upside target and $1.2340 as the invalidation point.

Chart source: TradingView

Venice Token: AI Boom and Token Burns Fuel the Rally

Venice Token has advanced amid the ongoing artificial intelligence (AI) boom and its continuing token-burn program. The project has burned VVV tokens worth more than $682,000 so far this month, putting it on pace to surpass the $702,000 it burned last month. Burns permanently remove tokens from circulating supply, and the program has now run at a similar scale for consecutive months.

Technical readings suggest further near-term upside. The token has formed a break-and-retest pattern, moving back to the crucial support level of $21.4 — its highest level in June this year — a setup that often leads to additional gains over time. VVV has remained above all of its moving averages and above the Supertrend indicator. It is also attempting to break above the key resistance level of $29.1, its previous all-time high. A move above that level would point to more gains, potentially toward the psychological level of $35. The watch list is therefore short: whether the retested $21.4 support holds, and whether VVV can secure a break above $29.1, the level the article flags as opening the path toward $35.

Solana: Bullish Flag Breakout Puts $150 in View

Solana (SOL) has been in a strong upward trend over the past few months, rising from a low of $60 in June to its current level near $112. The token formed a golden cross on Aug. 24 and, most recently, a bullish flag pattern, and has now moved above the pattern's upper boundary at $112.

These technical signals suggest the token could continue rising in the near term, with the next key target at the psychological level of $150 — about 34.5% above the current price. As with the other setups above, the $112 breakout boundary is the level that keeps the pattern valid: holding above it sustains the setup, while a fall back below it would put it in question.

Solana is also benefiting from continued growth in ETF inflows, which soared by more than $28 million this month, marking a third consecutive month of positive gains. These funds now hold over $1.63 billion in assets. On-chain activity has strengthened as well: total decentralized exchange (DEX) volume has climbed to $80 billion over the past 30 days. DEX volume tracks trading activity on on-chain venues rather than centralized platforms, making it a widely used gauge of network activity.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency investments involve risk, and past performance does not guarantee future results. Readers should conduct their own research before making investment decisions.

This article was originally published on The Market Periodical.