XRP and Solana Price Outlooks as Goldman Sachs Exits XRP and SOL ETF Positions

XRP and Solana both moved back under pressure after Goldman Sachs revealed it had fully exited its XRP and Solana ETF positions during Q1 2026. The latest SEC 13F filing showed the bank no longer holds the positions after previously maintaining around $154 million tied to XRP ETFs. 

Goldman Sachs also reduced its Ethereum ETF exposure by roughly 70%, which added more pressure across the altcoin market. That filing immediately got traders talking after Wu Blockchain reported that Goldman Sachs had fully exited its XRP and Solana ETF positions in Q1 2026. 

Institutional positioning still matters heavily for large-cap crypto assets, so even though the bank kept exposure to Bitcoin-related products, stepping away from XRP and Solana ETFs has made some traders question how much appetite institutions still have for altcoins during this phase of the market.

The XRP Price Is Still Trapped Below Resistance

We had a look at the XRP chart, and the setup still looks weak in the short term. The XRP price is trading near $1.37 amid inability to stay above the recent rally above $1.55. The price is still trading below the key resistance formed by the 100-period moving average near $1.42.

Momentum indicators do not seem to be providing any support as well. RSI dropped into the lower end of the consolidation range near 32.63 while several bearish divergences are still seen on the chart. Nevertheless, the decline appears to be quite orderly and not panic-based which makes traders believe that XRP price could reverse the trend if buyers gain momentum.

Source: TradingView

At the moment, the main support for the XRP price is found between $1.35 and $1.37. Breakdown below that region will push the traders’ attention towards the $1.30 and $1.24 levels. On the other hand, in order to make the situation better, the XRP should return to trade above $1.47-$1.50 region.

If the buyers succeed in reversing that area, the potential targets may appear around $1.60 and $1.72 levels, while breaking above $2 could become a possibility later in the month if market sentiment improves. At the moment, the traders believe that the XRP price remains in the range amid indecision in BTC price and unclear regulatory environment in the USA.

Read Also: Crypto Price Prediction for Today, May 18: XRP, Zcash (ZEC), Ethereum (ETH)

The SOL Price Is Facing a Similar Setup

The SOL price is also cooling off after failing to hold above the $99 to $100 area during the previous rally. Solana is now trading near $83.76 and remains below the 100 SMA around $89.38, which traders are treating as the main resistance level right now.

We also checked the SOL chart, and bearish divergences continue appearing there too. RSI has dropped to 25.60, putting the SOL price deep into oversold territory. That increases the chances of a short-term bounce, although traders still want confirmation before turning bullish again.

Source: TradingView

The key support zone for Solana sits around $80 to $82. If that area breaks, the correction could continue lower. On the bullish side, buyers need to reclaim $89.50 before the structure starts looking stronger again.

Even with the correction, many traders still view Solana as one of the stronger ecosystems in crypto because of its activity across DeFi, payments, and meme coin trading. But right now, price action still favors caution until resistance levels are recovered.

What Traders Are Watching Next

The Goldman Sachs filing added another layer of uncertainty at a time when both assets were already struggling technically. For many traders, the bigger concern is whether institutional investors are becoming more selective with altcoin exposure as market volatility increases.

Even so, neither the XRP price nor the SOL price has fully broken long-term structure yet. XRP is still holding above the important $1.35 support area, and Solana continues defending the $80 region.

The next move now depends on whether buyers can reclaim key resistance levels. For XRP, traders want to see a move back above $1.42 and eventually $1.50. For Solana, reclaiming the $89 zone would be the first signal that momentum is starting to recover again.

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Funbi Afe
Funbi Afe

Funbi Afe is content strategist with a strong background in technical writing, cryptocurrency, journalism, and copy editing. Passionate about simplifying complex topics, Funbi crafts clear, engaging content that informs and inspires diverse audiences. With expertise spanning blockchain technology, SEO strategy, and market analysis, Funbi is dedicated to helping brands and communities deliver impactful, polished messaging in the fast-evolving digital space.

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