Ripple, Cardano, Solana Bulls Eye Recovery in the short term

XRP, Cardano (ADA) and Solana (Sol) tooken show technical strength in a signal of potential short -term price extractions, data shows.

Bullish Patterns – XRP’s $ 2.00 Breakout, Adas double bottom of $ 0.55 and SOL’s rally to over $ 130 – assumes accumulation phases despite wider market volatility. However, a Bitcoin drop below $ 80,000 or intensified macropres may limit gains.

Alex Kibuptsikevich, FXPRO Chief Market Analyst, said in a note to Coindesk that dealers must await confirmation of a Bitcoin trend turn before prolonged DIP purchases on larger tokens.

“Bitcoin has not yet confirmed a growing turn,” Kuptsikevich said. “The most important area along the way is the level of $ 85,000, where the 50-day sliding average goes. Its overcome will be an important confirmation of the bullish atmosphere while fluctuations under it will remain market noise.”

“XRP found support last week about decline to the 200 -day moving average. This small but encouraging signal suggests that market participants still comply with a ‘purchase on dips’ strategy and believe in the continuation of the bullish trend,” he added.

Here are technical analysis heights for XRP, ADA and SOL, based on Coindesk data:

XRP: $ 2.00 Support Signals Bullish Momentum

XRP rose 11% from $ 1.87 to $ 2.07 in the last week and broke a psychological $ 2.00 barrier earlier Monday. The latest price action shows a higher low of $ 2,065 recovered to $ 2,068, with falling volatility indicating accumulation.

Technical prospects:

  • Support: $ 2.00- $ 2,065, reinforced by the 50-hour sliding average of $ 2.03.
  • Resistance: $ 2.10, with $ 2.15- $ 2.20 possible on a break.
  • Indicators: Volume waves during outbreaks and a higher low structure confirms the purchase of interest. RSI near 60 suggests space for upwards without overbought risks.

Short -term target: If $ 2.00 is valid, Bulls may see $ 2.10- $ 2.15, with a break under risk $ 1.99.

Solana: Rising Channel Eyes $ 125.50

Solana convened 3% from a low level of $ 125 to nearly $ 134 in the early European hours Monday, part of a 30% increase from $ 101.30 to $ 125.48 in the last week driven by ETF approval optimism (76% odds on the polymarket).

Support around the $ 120 selection remains firm with recent consolidation between $ 124.50- $ 125.30 test of $ 125.50 resistance.

Technical prospects:

  • Support: $ 120- $ 124, with $ 115 as a deeper base.
  • Resistance: $ 130- $ 135, with $ 145 in sight on a breakout.
  • Indicators: Increasing volume and tightening of bolling ribbon suggests an explosive feature. MacD’s bullish divergence supports gains.

Short -term target: Clearing $ 135 could push sun to $ 140 and above. A decrease below $ 120 risks $ 105, but the channel favors the bulls.

Cardano: Double Bottom Drives Rebound

Ada rebound 18.6% from $ 0.537 to $ 0.637 in the last week and formed a double bottom of $ 0.55 with a strong volume on April 9. Despite Bitcoin’s 15% weekly decline and merchant tensions (China’s 34% US import tariffs), ADA’s consolidation signalizes over 60 cents (now support) strength. With the rising channel with support for 63 cents, bulls can now target at least 70 cents.

Technical prospects:

  • Support: $ 0.632- $ 0.636, supported by the 50 minute sliding average of $ 0.636 from Monday.
  • Resistance: $ 0.641, with fibonacci extensions to $ 0.645- $ 0.658.
  • Indicators: Healthy volume and declining volatility suggest accumulation. Stochastic RSI shows the build -up of momentum.

Short -term target: A break below 63 cent risks 55-59 cents, but the double-bottom supports the upside.

Read more: Bitcoin is facing ‘Cloud Resistance’ for $ 85K, neutralizing risk rewards for bulls: Godbole

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