XRP News Today: Cardano's ADA Gains 3% as Major Cryptos Slide Amid $1.05B Liquidations

Cardano’s ADA has shown resilience in a broadly declining crypto market, gaining approximately 3% over the past 24 hours while Bitcoin, Ethereum, and XRP have all moved lower [1]. The token currently trades near $0.95, having briefly crossed the $1 level before retracing slightly [1]. Despite the broader market correction, ADA remains above key support at $0.81, signaling continued strength in the near term [1].

Grayscale has highlighted ADA as one of the top-performing cryptocurrencies in its one-week returns list, placing it second among its top 10 crypto assets [1]. This recognition comes as the broader market contends with $1.05 billion in liquidations, pushing several major tokens into negative territory [2]. Analyst Ali Martinez has noted early signs of a breakout for ADA, citing recent movement above key resistance levels and projecting a potential target of $1.50 if the trend continues [1].

ADA’s technical outlook remains cautiously optimistic. It has cleared important resistance zones and is now facing a short-term barrier near $0.95 [1]. A successful push past this level could open the way for further gains toward $1.18 and $1.25 [1]. On the downside, maintaining support above $0.81 is crucial for preserving the bullish case. A break below this level could signal a return to consolidation or even a deeper pullback [1].

Meanwhile, Ethereum has struggled to hold key resistance levels, with its price rejecting at all-time highs amid reversed ETF flows and a challenging earnings report from SBET [4]. Bitcoin has similarly retreated from its record high of $124,000 to around $119,000, reflecting broader caution in the market [5]. XRP, despite its recent SEC settlement, has seen mixed performance, initially surging above $2.60 in July but then falling below $3 amid a larger liquidation event [6].

The divergent performance of ADA versus major cryptocurrencies underscores the ongoing challenges and shifting dynamics in the crypto space [1]. Institutional movements, regulatory developments, and macroeconomic sentiment continue to shape investor behavior, with market participants increasingly favoring assets that demonstrate relative strength amid volatility [3]. Analysts suggest that as long as ADA remains above critical support levels, it could continue to attract attention and capital in the coming weeks [1].

Sources:

[1] Coinedition, 2025-08-15, https://coinedition.com/bitcoin-eth-xrp-slide-while-cardano-breaks-ahead/

[2] Mitrade, 2025-07-24, https://www.mitrade.com/insights/news/live-news/article-3-1043996-20250815

[3] Mitrade, 2025-07-26, https://www.mitrade.com/insights/news/live-news/article-3-1044222-20250816

[4] 99Bitcoins, 2025-08-13, https://99bitcoins.com/news/altcoins/ethereum-price-rejects-at-ath-as-etf-flows-reverse-and-sbet-drops/

[5] The Economic Times, 2025-08-15, https://m.economictimes.com/markets/cryptocurrency/crypto-news/bitcoin-slides-to-119k-from-new-record-outlook-cautious-as-policy-signals-hit-sentiment/articleshow/123318856.cms

[6] 99Bitcoins, 2025-08-15, https://99bitcoins.com/news/presales/why-is-xrp-crypto-down-today-xrp-price-plummets-amid-1bn-liquidation-event/