XRP News Today: Cardano on the Brink: Triangle Squeeze Set to Explode?

Cardano’s native token ADA has recently traded near $0.85, drawing attention from traders and analysts due to its positioning within a tightening triangle pattern on the 4-hour timeframe. This consolidation phase, marked by a descending resistance line from August highs and an ascending support trendline, suggests the likelihood of an imminent price move in either direction. Analysts have noted that ADA is “very compressed and waiting for the start of a new trend,” underscoring the technical tension currently present in the market [2].

The current price range between $0.81 and $0.85 has seen multiple attempts to break through the upper boundary, with resistance clustering around the $0.84–$0.85 zone. Meanwhile, support levels remain intact near $0.81–$0.82, with stronger foundational support identified at $0.79–$0.80 along the rising trendline. The cryptocurrency continues to trade above key moving averages, indicating sustained bid support despite ongoing overhead selling pressure [2]. This setup has been interpreted as a potential precursor to a significant directional move, with the next few trading sessions being particularly crucial in determining ADA’s short-term trajectory.

Market dynamics suggest a bias toward the upside, with several factors reinforcing the case for a bullish resolution of the pattern. Extended sideways consolidation often builds momentum for a sharp price move, and Cardano—like many large-cap altcoins—tends to attract renewed interest from both institutional and retail investors during broader market stabilization periods. Additionally, the pattern of higher lows implies accumulation by strategic buyers, although confirmation of a bullish breakout would require a decisive close above $0.85 [2].

Should ADA successfully break above this critical level, short-term price targets include $0.88–$0.90, with potential for further gains pushing the token toward the $0.95–$1.00 zone. This would represent a meaningful rally from its current position and align with broader market optimism, particularly as the Cardano development ecosystem continues to evolve with ongoing upgrades to its decentralized finance (DeFi), NFT, and governance protocols [1]. However, the path to these levels is not without risks, as ADA remains vulnerable to a breakdown below the $0.81 level, which could trigger a retest of the $0.76–$0.78 range and invalidate the constructive technical setup [2].

In contrast to ADA, XRP has demonstrated stronger institutional momentum, particularly in the context of ETF applications. Ripple’s native token has 15 ETF applications compared to ADA’s one, and the ongoing regulatory clarity in the U.S. following Donald J. Trump’s election has bolstered XRP’s appeal as a “more compliance-ready altcoin.” A potential approval of ETFs by the SEC could provide a significant tailwind for XRP, though it also faces risks such as resistance at the $3 level and a potential shift in retail hype to other tokens [1]. While ADA may have a higher percentage gain potential, XRP is viewed as a safer play due to its larger market cap and stronger institutional narrative.

Overall, Cardano remains in a pivotal technical position as it approaches a potential breakout from a long-standing triangle pattern. The outcome of this consolidation could significantly influence short-term price direction, with analysts and traders closely watching the $0.85 level as a key decision point. Any movement beyond this threshold could signal the start of a new trend for ADA, potentially setting the stage for broader market participation and renewed investor interest in the Cardano ecosystem [2].

Source: [1] XRP or ADA? AI Predicts the Bigger Winner for 2025 Price Gains - Conclusion Will Surprise You (https://cryptopotato.com/xrp-or-ada-ai-predicts-the-bigger-winner-for-2025-price-gains-conclusion-will-surprise-you/) [2] Cardano (ADA) Price: Triangle Squeeze Near Breakout (https://thetradable.com/crypto/cardano-ada-price-triangle-squeeze-near-breakout-cm--v)