Don’t Buy XRP and Solana Right Now! Analyst Explains Why

XRP, Solana, and Binance Coin (BNB) have been putting on a show lately, with all three climbing higher and drawing plenty of attention. But according to one analyst, now might actually be the worst time to jump in.

BNB price has been on fire. The token just smashed through $1,050, setting a brand-new all-time high. What’s even more impressive is how it shrugged off negative headlines. 

Just a day ago, BNB Chain’s official X account was hacked, and attackers managed to post phishing links. The team quickly locked things down, froze the stolen funds, and even promised full compensation. 

Instead of crashing, BNB price held above $1,020 and kept pushing higher. That kind of resilience has traders excited, maybe a little too excited.

Solana price hasn’t been sitting still either. After dipping under $200, SOL bounced back in style and is now trading around $225. The speed of the recovery shows just how much demand there is for Solana right now. But after such a rapid climb, the chart is looking overheated, and that’s where the caution comes in.

Moreover, Ripple’s XRP is also turning heads. The coin has clawed its way from $2.70 back toward the $3 mark. Hype around possible ETF approvals is playing a huge role here, with traders positioning themselves ahead of potential news. Sentiment is buzzing, but that kind of excitement often comes right before a cool-off.

Read Also: XRP Price Outlook: What Traders Should Expect in the Short-Term

Why the Analyst Says Don’t Buy Yet

Despite all this bullish action, analyst Joao Wedson is waving a red flag. With over 9k followers, he didn’t mince words: don’t buy XRP, Solana, or BNB right now. His reasoning is simple: they’ve already pumped too much, and the risk/reward doesn’t look good.

Wedson even mentioned Bitcoin, saying the setup isn’t attractive there either. Instead, he’s looking at projects that haven’t rallied yet but are showing signs of breaking out of long accumulation ranges. Those, in his view, offer far more upside compared to risk.

And his advice comes with a reminder: don’t buy just because you love a project. That’s how emotions take over. Instead, focus on logic, measurable signals, and setups where the reward outweighs the risk.

The Bottom Line

BNB, Solana, and XRP all look strong right now, maybe too strong. When coins rally this hard, it often pays to wait rather than chase. Wedson’s call is for patience: keep an eye on projects still flying under the radar, because that’s where the next big move could come from.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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