Currencies38131
Market Cap$ 2.26T-0.63%
24h Spot Volume$ 25.28B+4.87%
DominanceBTC56.55%+0.29%ETH9.55%+0.67%
ETH Gas0.10 Gwei
Cryptorank
/

Good News for Ripple (XRP) and Cardano (ADA) Investors: Details


Good News for Ripple (XRP) and Cardano (ADA) Investors: Details

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

TL;DR

  • Although both ADA and XRP are down on a weekly scale, their performance could reverse in the short term, as suggested by a popular metric that has flashed a buy signal.
  • Interestingly, the projects behind both assets have been linked in the past and are expected to announce a joint venture soon.

The metric in question, brought by popular crypto analyst Ali Martinez, is the TD Sequential, which showcases whether an asset has reached an exhaustion point in either direction.

For XRP, the indicator has flashed a buy signal on the 4-hour chart, which could suggest “the start of a short-term rebound,” said Martinez.

Ripple’s cross-border token experienced a sharp and brief uptick earlier this week when company CEO Brad Garlinghouse announced a victory in the legal case against the SEC. XRP went from $2.3 to $2.6 within an hour or so but failed to keep the momentum up and has retraced to under $2.4 now.

The same indicator posted a similar buy signal when it came down to ADA, according to the 4-hour chart, showing that a rebound could be on the horizon.

ADA has struggled in the past month or so, losing over 10% of its value and currently struggling to remain above $0.7. Previously, Martinez said the asset could skyrocket to $2, but it has to close above $1.2 on the daily chart, which seems like a distant dream now.

XRP and ADA have been linked on numerous occasions in the past several months. US President Trump mentioned them, alongside SOL, ETH, and BTC, in regard to the suggested strategic crypto reserve in the country.

Additionally, Charles Hoskinson and Ripple execs have been exchanging kind words since the US elections, hinting on multiple occasions about a potential collaboration between the two parties. However, nothing official has been made public yet.

The post Good News for Ripple (XRP) and Cardano (ADA) Investors: Details appeared first on CryptoPotato.

Read the article at CryptoPotato

In This News

Coins

$ 63.90K

-0.29%

$ 1.79K

+0.05%

$ 1.09

-0.96%

$ 0.164

-1.52%

$ 0.00719

-1.17%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 63.90K

-0.29%

$ 1.79K

+0.05%

$ 1.09

-0.96%

$ 0.164

-1.52%

$ 0.00719

-1.17%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

BTC vs ETH vs XRP: Which Could Explode the Most in H2 2026? AIs Pick Their Winner

BTC vs ETH vs XRP: Which Could Explode the Most in H2 2026? AIs Pick Their Winner

Although most AIs didn't agree on which is the winner, they all believe it won't be b...
Analyst Predicts XRP Could Surge To $17, Challenge Ethereum in Next Bull Run

Analyst Predicts XRP Could Surge To $17, Challenge Ethereum in Next Bull Run

XRP continued to trade within a relatively narrow range on Monday following a turbule...