Ripple ($XRP ) and Cardano ($ADA ) are two of the biggest community-driven altcoins out there. Both of ‘em seen strong gains recently, but with prices pulling back a bit, now might be a solid time to look at possible buy zones.
🤔 How Much More Can These Big Altcoins Run?
One thing traders should keep in mind — when an altcoin already has a big market cap and has done a big run, you gotta ask: how much more is left in the tank? Sure, XRP and ADA got hype and good communities behind ‘em, but maybe other altcoins could deliver better returns from here on?
🪙 XRP Price: Bullish Triangle Pattern?
XRP’s been moving strong lately. Last breakout gave a 60% pump real fast after it broke a major downtrend. Now it’s trading inside what looks like an ascending triangle – usually a bullish sign.
If XRP does dip out of the bottom of the triangle, a quick move down to the $3.40 area could be a pretty solid buy. That said, buying inside the triangle could be a bit risky unless you know what you’re doing. A breakout above with confirmation might be a safer play for short-term profits.
🎯 XRP Target Around $5?
Looking at the weekly chart, XRP could go close to $5 if the bullish trend keeps going. Sure, it could go higher, but from here, it’s maybe less than a 100% move. Not bad, but maybe not the best risk-reward if you’re chasing big gains.
🔵 ADA Price: Holding Strong Support
Cardano also had a big 61% rally and now it’s just chilling in a consolidation phase. Bulls are trying hard to keep the price above the trendline. On the 4-hour chart, there’s some good support zones just below current price.
The Stochastic RSI is pretty low, so ADA might not dip that much. But if it does — around $0.77 or maybe even $0.71 could be awesome buy levels.
💡 Why ADA Might Be the Better Play Than XRP
Here’s the thing — ADA could have more upside than XRP from here. On the weekly chart, if it breaks above the major downtrend and clears the $1.19 resistance, then it’s game on.
If ADA hits the 0.618 Fibonacci extension, that’s nearly a 3x from where it's at now. And don’t forget — XRP’s market cap is like 6x bigger than ADA’s, so ADA might have more room to grow.
Disclaimer: Not financial advice. Just some thoughts and analysis for you to think about. Always do your own research before buying anything in crypto.
