Hold onto your hats, folks! Two of the most beloved altcoins, Ripple (XRP) and Cardano (ADA), are gearing up for a major surge that’ll make you wish you’d bought in sooner. But don’t worry, there’s still time to join the party!
$XRP breaks free from the shackles of trendlines and resistance 📈
The short-term chart for $XRP is showing a breakout from the descending trendline that’s been haunting us since mid-January of 2025. Not only that, but the price has also just smashed through the $2.35 resistance level, turning it into a cozy support zone. The next target for the bulls? The last local high at $2.66. But beware, the Stochastic RSIs are signaling an overbought condition, so there might be a rejection at this level. 🚨
$XRP approaches the final boss of resistance 🧙♂️
On the weekly chart, the descending trendline is drawn in a different position to maximize touch points. This shows that the original breakthrough just rolled back down the trendline, but stayed on top for each weekly close. The last three weeks have seen green candles making their way to the big resistance at $2.43. If the bulls can overcome this hurdle and the weekly Stochastic RSI indicators suggest they can, we’re looking at another all-time high. 🌟
$ADA flips $0.61 into support? 🔄
$ADA has also broken out of a descending trendline, but this one only goes back to May. A decent breakout has occurred, and the bulls look as though they may have flipped the $0.60 level into support. However, the short-term Stochastic RSI indicators are all topping out, which might slow down further short-term price growth. 😒
$ADA gears up for its next swing high 🎢
On the weekly time frame, things look even more bullish for $ADA. If the current weekly candle can close above the descending trendline, confirming $0.58 as support, the next swing high could start to take shape. Targets are the local high at $0.73, and then the top of the last swing high at $0.86. Zooming out further in the weekly time frame, the big hurdle to overcome in order to avoid lower highs going into the next bear market is the big resistance at $1.19, and then the top of the last big wave at $1.33. 🏆
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2025-07-09 19:27