- XRP, ADA, and SOL are showing bullish patterns that hint at possible short-term recoveries.
- A confirmed Bitcoin rebound above $85K could push altcoins even higher.
- Traders are watching key support and resistance levels closely as volatility remains high.
So, despite the crypto market being a bit of a rollercoaster lately (blame macro stuff and BTC’s weird behavior), a few altcoins are showing they might not be ready to throw in the towel just yet. XRP, Cardano (ADA), and Solana (SOL) have been flashing some encouraging technical patterns that could mean short-term gains—if the stars align.
Of course, all this could fall apart if Bitcoin tanks below $80K or if more macro chaos hits the fan, but let’s take a look at what’s going on for now.
Bitcoin Still Holding the Spotlight
Before diving into the altcoin action, a word of caution from FxPro’s Alex Kuptsikevich, who said in a note to CoinDesk that it’s still not the best time to go all-in. “Bitcoin hasn’t confirmed a growth reversal yet,” he said. “$85K is the big line in the sand, and until BTC clears that with conviction, most of the rally talk is just noise.”
That said, some folks are still buying dips—especially on XRP—suggesting there’s hope.
XRP: Holding That $2 Line Like a Champ
XRP bounced back strong this week, jumping 11% from $1.87 to $2.07 and smashing through the psychological $2 barrier on Monday. Traders are watching closely to see if it can hold above that level without getting whacked.
- Support: Around $2.00-$2.065, with help from the 50-hour moving average.
- Resistance: First test is $2.10, with a stretch target of $2.20.
- Indicators: Volume’s climbing, RSI’s chillin’ near 60—so still some headroom.
- Short-Term Outlook: If XRP stays above $2.00, we might see a slow climb toward $2.15. Fall below that? Back to $1.99 city.
Solana: Tight Range, Big Potential
SOL’s been grinding higher, up 3% in early Monday hours and climbing a solid 30% from last week’s low. Much of the hype’s coming from ETF talk—Polymarket puts approval odds at 76%, which ain’t bad.
- Support: $120-$124 (with $115 lurking as a fallback).
- Resistance: $130-$135, breakout might take it toward $145.
- Indicators: Bollinger Bands are squeezing, volume’s ticking up, MACD looks bullish.
- Short-Term Outlook: Break $135 and it could get spicy. Drop below $120? Watch your step—$105’s not far.
Cardano: Double Bottom, Double Trouble?
ADA’s had a nice rebound, up nearly 19% off its recent $0.537 low. A clean double bottom formed around $0.55, and buyers jumped in with some serious volume on April 9. It’s been holding strong above 60 cents, even with Bitcoin’s selloff and global trade noise weighing on sentiment.
- Support: $0.632-$0.636 with backup from the 50-min MA.
- Resistance: $0.641 first, then maybe $0.658 if it gets feisty.
- Indicators: Stochastic RSI’s heating up, volume’s steady, volatility’s cooling off = bullish setup.
- Short-Term Outlook: Staying above 63 cents keeps bulls in the game. Slip below? Could revisit that $0.55-$0.59 range.
Final Word
Look, crypto’s a wild ride right now—tariffs, inflation noise, Bitcoin flirting with breakdown levels—but if you’re the kind of person who digs charts and has a bit of risk appetite, XRP, SOL, and ADA are giving off signals worth paying attention to. Just don’t blink… things change fast out here.
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