XRP, SOL and ADA Flash Bullish Patterns as Traders Eye Recovery
XRP, Cardano (ADA), and Solana (SOL) Show Technical Strength Amid Market Volatility
Despite ongoing market turbulence, XRP, Cardano (ADA), and Solana (SOL) are exhibiting strong technical patterns that signal potential short-term recoveries, according to recent data.
XRP has broken above the key $2.00 level, establishing support between $2.00 and $2.065, with resistance at $2.10 — a setup that indicates bullish momentum. Solana’s rally remains intact, bolstered by firm support at $120 and a potential upside to $140 if it clears $135. Meanwhile, Cardano has formed a double bottom at $0.55 and is consolidating above $0.60, suggesting underlying strength with a near-term target of $0.70.
These bullish formations suggest accumulation phases for all three tokens. However, a sharp drop in Bitcoin below $80,000 or mounting macroeconomic pressures could temper further upside.