The XRP, Cardano (ADA) and Solana (soil) tokens present a technical force in a potential short -term price recovery signal, indicates the data.
Haussiers models – $ 2.00 Breakout of XRP, double ADA background at $ 0.55 and Sol’s Rally at more than $ 130 – the wider accumulation phases despite broader volatility on the market. However, a drop in bitcoin below $ 80,000 or intensified macro pressures could limit earnings.
Alex Kuptsikevich, chief analyst of the FXPRO market, said in a Coindesk note that traders had to wait for confirmation of a Bitcoin trend reversal before the purchase of long -term drop in major tokens.
“Bitcoin has not yet confirmed a growth reversal,” said Kuptsikevich. “The key area along the way is the level of $ 85,000, where the 50 -day mobile average passes. Its exceeding will be a significant confirmation of the bullish feeling, while fluctuations below will remain the noise of the market.”
“XRP found support last week on the drop in medium-sized 200-day moving. This small but encouraging signal suggests that market players still adhere to a” buy on dip “strategy, believing in the continuation of the upward trend,” he added.
Here are the strengths of technical analysis for XRP, ADA and Sol, based on Coindesk data:
XRP: $ 2.00 Momentum Haussier support signals
XRP jumped 11% from $ 1.87 to $ 2.07 last week, breaking a psychological barrier of $ 2.00 earlier on Monday. A recent price action shows a higher hollow at $ 2,065, going back to $ 2,068, with a drop in volatility indicating an accumulation.
Technical perspectives::
- Support: $ 2.00 – $ 2.065, reinforced by the mobile average from 50 hours to $ 2.03.
- Resistance: $ 2.10, with $ 2.15 to $ 2.20 possible on a break.
- Indicators: The volumes of the volume during the eruptions and a higher low structure confirm the interest of the purchase. RSI almost 60 years suggests upwards without exaggerated risk.
Short -term target: If $ 2.00 holds, the bulls may want to look at $ 2.10 to $ 2.15, with a break below $ 1.99.
Solana: ascending channel eyes $ 125.50
Solana joined 3% from $ 125 to almost $ 134 at the start of European hours on Monday, part of a rise of $ 101.30 to $ 125.48 last week caught by FNB approval optimism (76% ratings on polymarket).
Support around the $ 120 bar remains firm, with recent consolidation between $ 124.50 and $ 125.30 Resistance test of $ 125.50.
Technical perspectives::
- Support: $ 120 – $ 124, with $ 115 as a deeper basis.
- Resistance: $ 130 – $ 135, with $ 145 in view of an escape.
- Indicators: The increase in volume and the tightening of Bollinger bands refer to an explosive movement. MacD’s bullish divergence takes care of the gains.
Short -term target: Compensation of $ 135 could push soil at $ 140 and more. A drop below $ 120 risk $ 105, but the chain promotes bulls.
Cardano: rebound in double -bottomed training
ADA rebounded 18.6% from $ 0.537 to $ 0.637 last week, forming a double background at $ 0.55 with a strong volume on April 9. Despite the weekly drop of 15% Bitcoin and trade tensions (34% of American import prices in China), ADA consolidation greater than 60 cents (now supports) the force of signals. With the upward channel with 63 cents support, the bulls can now target at least 70 cents.
Technical perspectives::
- Support: $ 0.632 – $ 0.636, supported by the mobile average from 50 minutes to $ 0.636 from Monday.
- Resistance: $ 0.641, with fibonacci extensions at $ 0.645 to $ 0.658.
- Indicators: Healthy volume and the drop in volatility suggest accumulation. The Stochastic RSI shows the momentum of the building.
Short -term target: A rupture less than 63 cents risk 55-59 cents, but the double bottom supports the advantage.
Read more: Bitcoin faces the “cloud resistance” at $ 85,000, neutralizes the risk-reversal for bulls: Godbole
