Crypto Majors Crumble as Global Trade Tensions Weigh Heavily on Market Sentiment

XRP, Cardano (ADA), and Dogecoin (DOGE) fell sharply early Monday, breaching crucial price floors amid a broader crypto market downturn fueled by escalating global trade disputes.

Bitcoin remained under heavy pressure, trading below $79,000, while broader market indicators pointed to continued weakness across both crypto and equities. The drop follows heightened rhetoric from U.S. President Donald Trump, whose sweeping global tariffs have triggered what some are calling an “economic nuclear war.”

XRP Slides Below $2 as Momentum Fades

XRP dipped to $1.90 in early trading, slipping 14% over 24 hours. The break below the $2.00 support level confirms a bearish technical structure, including a head-and-shoulders pattern on the daily timeframe. Momentum indicators are deteriorating, with RSI near oversold conditions at 30 and the 21-day EMA flipping into resistance around $2.20.

ADA Breaches Trend Support, Risking Deeper Pullback

ADA is down 12% on the day, now trading around $0.55 after falling through its 50-day SMA — a level that had underpinned price action since March. A descending triangle pattern has now been invalidated to the downside, with MACD flashing a fresh bearish crossover and RSI reading 38. Key support now lies at $0.40.

DOGE Falls Through Floor as Death Cross Confirms Bearish Trend

Dogecoin (DOGE) has plunged nearly 15%, sliding under $0.18 and currently hovering around $0.16. A death cross on the 4-hour chart — where the 50-period SMA crosses below the 200-period — suggests a shift toward a prolonged downtrend. RSI has dropped to 28, implying short-term exhaustion but no clear reversal just yet.

If downside momentum continues, DOGE could retest $0.14, a level last seen in December.

Macro Outlook Remains Fragile

Investors remain skittish as U.S. stock index futures point lower and risk-off sentiment dominates global markets. Crypto traders are bracing for continued volatility as tariff uncertainty and monetary policy reactions roil risk assets.