Price Analysis of XRP, ADA, HBAR, ALGO
The post Price Analysis of XRP, ADA, HBAR, ALGO appeared on BitcoinEthereumNews.com.
A price analysis reviews the technical setups for HBAR, ALGO, XRP, and Cardano. HBAR and ALGO are showing potentially bullish chart patterns on their daily timeframes. Cardano (ADA) was the most favored in a recent sentiment poll but is testing key support. In a market poll gauging trader sentiment, ADA came out on top as the most favored asset with 56.3% bullish interest, followed by XRP at 25.6%, HBAR at 12.6%, and ALGO at 5.6%. So now this new price analysis reviews the technical setups of these four best altcoin buys – XRP, Cardano (ADA), Hedera Hashgraph (HBAR), and Algorand (ALGO), to identify which presents the best buying opportunities based on their current market structures. XRP: Bearish Pressure Despite High Volume XRP traded at $2.12, down by 1.26%, with a market capitalization of $125.03 billion at the time of writing. The 24-hour volume rose 50.84% to $2.53 billion, with its circulating supply standing at 58.93 billion out of 100 billion total tokens. XRP’s price surged past $2.18 early on before dropping below $2.10 and then stabilizing just above that level overnight. The technical outlook remains cautious amid ongoing bearish momentum. Related: Altcoin Season Awakes: Can Cardano Lead the Charge and Hit $2.40? Cardano (ADA): Approaches Critical Support with Potential Reversal ADA recorded a decline of 1.23% to $0.5841, with a market capitalization of $20.65 billion and a fully diluted valuation of $26.28 billion. Over the past 24 hours, the trading volume surged by 89.15% to $778.17 million. However, ADA’s price action shows a peak above $0.60 followed by a decline to near $0.56 and a limited recovery. Analyst Jai points to ADA as nearing a major support zone of between $0.49 and $0.50. Jai predicts that a breakout above this pattern could drive ADA toward $1.00 or higher. However, failure…
Filed under: News - @ June 21, 2025 7:28 am