XRP News Today: XRP Up 41.34% ADA 35.71% as Traders Target Key Supports

Ripple (XRP) and Cardano (ADA) have drawn attention from professional traders due to recent price movements indicating critical support levels, prompting strategic accumulation. XRP surged 41.34% over the past month, despite a 11.08% weekly dip, while ADA saw a 35.71% monthly rise against an 18.32% six-month decline. These trends highlight renewed investor interest amid mixed longer-term performance.

XRP’s price action reveals a trading range between $1.99 and $2.41, with key resistance at $2.59 and a projected target near $3.02. A support floor at $1.73, and a secondary level at $1.31, suggests buyers are stepping in to stabilize the asset. The Relative Strength Index (RSI) near 58 indicates equilibrium between bullish and bearish pressures, creating an environment where traders might adopt strategies focused on buying near support levels and exiting at resistance. Short-term volatility, however, underscores the need for cautious position management.

Cardano’s trajectory reflects similar dynamics. After a six-month decline of 18.32%, ADA’s recent 35.71% monthly increase points to short-term buying momentum. Currently trading between $0.48 and $0.70, the asset faces immediate resistance at $0.83 and a critical support level at $0.38. A 3.16% weekly drop signals lingering bearish sentiment, but the support floor offers a potential safety net for accumulation. Mixed momentum indicators caution traders to balance risk and reward, particularly amid broader market uncertainty.

The convergence of these price patterns has led professionals to view XRP and ADA as strategic assets. Strong support levels, combined with recent upward corrections, may signal opportunities for long-term value capture. For XRP, the rapid recovery post-dip and stable RSI suggest a balanced market, while ADA’s short-term surge against a longer downtrend indicates a potential shift in investor behavior. Traders are likely hedging against extended bearish phases by building positions at discounted support levels, anticipating future upside as these assets consolidate.

The focus on XRP and ADA aligns with broader crypto market dynamics, where liquidity and institutional participation often pivot on well-defined technical floors. As traders assess risk-rebalance opportunities, the interplay between near-term volatility and foundational support becomes a key determinant of investment strategy. However, the mixed signals from momentum indicators—particularly for ADA—highlight the need for disciplined entry and exit criteria.

The article is provided for informational purposes only and does not constitute financial advice.

Source: [1] [Ripple and ADA Find Key Support Floors - Decode Why Professional Traders Are Stockpiling XRP and Cardano] [https://bitzo.com/2025/07/ripple-and-ada-find-key-support-floors-decode-why-professional-traders-are-stockpiling-xrp-and-cardano]