Ripple and Cardano Face Crucial Crossroads: What’s Next for $XRP and $ADA?
Gaze at the short-term chart for $XRP. It’s like a beautiful mess of convergence at the current price. The coin rose a miraculous 7.6% from the local bottom at $2.69. But lo and behold, it hits the classic trifecta of doom: the $2.87 horizontal resistance, a descending trendline, and the infamous 0.618 Fibonacci extension. That’s like bringing a knife to a gunfight. Meanwhile, the Stochastic RSI indicators have decided to top out-like they’re preparing for a nap.