#XRP #SOL #ADA #PhanTichKyThuat #FutureTrading
Below is the market update for three cryptocurrencies XRP, Solana (SOL), and Cardano (ADA) on May 24, 2025, along with the short-term trading strategy:
📊 Market Overview on May 24, 2025
1. XRP (Ripple)
• Current Price: $2.42
• 24h Volatility: +3.07%
• Daily Volatility: $2.30 – $2.50
XRP is trading in a strong support area from $2.30 to $2.50. Analysts predict that if it breaks the resistance level of $2.62, XRP could rise to $3.40.
2. Solana (SOL)
• Current Price: $174.74
• 24h Volatility: +0.44%
• Daily Volatility: $172.72 – $175.25
SOL is showing strong growth signs, with technical indicators suggesting a breakout potential. If it surpasses the $180 level with increased trading volume, SOL could aim for $200.
3. Cardano (ADA)
• Current Price: $0.7483
• 24h Volatility: -7.37%
• Daily Volatility: $0.7464 – $0.8342
ADA has increased nearly 15% over the past week, surpassing the $0.80 level. However, after failing to break the resistance level of $0.84, ADA may correct to $0.72.
🧭 Short-Term Trading Strategy
✅ Buy Order (Long) – Priority
• XRP: Buy when the price remains above $2.40, profit-taking target at $2.60 – $2.80.
• SOL: Buy when the price breaks above $180 with increased trading volume, profit-taking target at $190 – $200.
• ADA: Buy when the price holds above $0.80, profit-taking target at $0.90 – $1.00.
⚠️ Sell Order (Short) – Caution
• XRP: Consider selling if the price drops below $2.30 with high volume.
• SOL: Sell when the price fails to break above $180 and shows signs of reversal.
• ADA: Sell if the price drops below $0.75 with increased selling pressure.
Note: The cryptocurrency market is highly volatile; investors should manage risks carefully and closely monitor key support and resistance levels.