
Major altcoins including XRP, Solana (SOL), and Cardano (ADA) are under renewed selling pressure, each dropping approximately 6% in the past 24 hours. The broader decline reflects growing investor caution amid a backdrop of macroeconomic uncertainty, hawkish central bank policy, and escalating global trade tensions.
The crypto market’s sensitivity to external shocks is once again in focus as U.S. tariff announcements and reduced expectations for Federal Reserve rate cuts in 2025 continue to dampen appetite for risk.
XRP Outlook
XRP, the digital asset associated with Ripple’s global payments infrastructure, is testing critical support levels amid bearish technical signals:
- Price action has breached the $1.80 zone, with the next key support resting near $1.60.
- Momentum indicators are deeply negative: RSI is at 22.41, and both the MACD and Chaikin Money Flow reflect strong selling pressure.
- While a double-bottom formation near $1.80 offers a technical basis for a potential bounce, bearish structure dominates, with $1.91 acting as overhead resistance.
- Leverage in XRP perpetual futures remains elevated, increasing the likelihood of further downside if sell pressure intensifies.
Solana (SOL) Breakdown
Solana is navigating a high-stress environment, having declined more than 8% over the past week:
- A steep retracement from $122.75 to $95.72 has left SOL struggling to reclaim higher levels.
- Whale activity and a $200 million token unlock have accelerated sell pressure.
- SOL currently trades in the $103–$112 range; a failure to reclaim $112 could expose it to further losses, especially with weak liquidity below the $100 mark.
- RSI remains sub-40, reinforcing the bearish trend, and the price is well below its key 50-day and 200-day moving averages.
Cardano (ADA) Struggles to Find a Floor
ADA has experienced a prolonged drawdown, falling over 23% in the last two weeks and remaining under pressure despite technical indicators hinting at potential relief:
- RSI stands at 32, approaching oversold territory, but no definitive reversal signal has emerged.
- Price is trending below short-term moving averages and remains locked within a descending wedge pattern.
- A dip toward $0.60–$0.61 could precede a breakout if market conditions improve, but failure to hold this zone might send ADA toward $0.55.
Market Context & Strategic Takeaway
Investors are growing increasingly wary as the U.S. pushes forward with an aggressive trade agenda while the Federal Reserve signals a more cautious approach to rate adjustments. Risk assets—from equities to crypto—are showing signs of stress, and technicals across major tokens reflect this broader retreat.
- XRP remains vulnerable below $1.80, with strong sell signals still intact.
- SOL must hold the $100 level to avoid cascading liquidations toward $80 or lower.
- ADA is nearing a technical inflection point—either confirming a bullish breakout from its wedge pattern or continuing its descent.
In the near term, oversold conditions could result in a relief bounce. However, sustained recovery likely hinges on improved macro visibility or signs of policy support. Until then, traders should approach rallies with caution and focus on risk management.