XRP News Today: Ethereum Drops 4% Amid Selling Pressure, Cardano Falls 6%

Generado por agente de IACoin World
viernes, 27 de junio de 2025, 10:46 pm ET2 min de lectura
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Ethereum, CardanoADA--, and XRP are currently facing significant selling pressure, with their prices fluctuating and investors adopting a cautious approach. EthereumETH--, the second-largest cryptocurrency by market value, is trading at around $2,430, down 4% on the week. Despite some positive developments such as ETF approvals and interest from institutional investors, its price has decreased by 4% over the past week. Technical patterns and the recent network upgrade, Shapella, which released about $30 billion worth of ETH, are contributing to short-term selling pressure. Analysts say holding $2,400 could ignite a rally, yet Q3 is typically ETH’s weakest quarter.

Cardano is trading at around $0.55 after a 6% drop this week, although it is still up more than 55% for the year. A negative MVRV (-12%) shows undervaluation, but price action sits inside a falling channel. Bulls need a daily close above $0.62; failure risks a slip to $0.55. Fresh optimism stems from the Plomin hard fork and 74% odds of an ADA ETF by year-end. Large investors are buying ADA, and there are rumors of a partnership with LitecoinLTC-- that could boost its future prospects. However, allegations involving its founder, Charles Hoskinson, and the handling of early funds have made some investors hesitant in the short term.

XRP is trading at around $2.10, but its price continues to fluctuate due to its ongoing legal case with the U.S. SEC. Judge Analisa Torres denied Ripple’s latest settlement plea, trimming ETF odds to 78% and pushing price to $2.10. While CME-listed futures highlight demand, a Supreme Court path still looms. Despite solid technological upgrades, the token remains suppressed below its May highs.

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