$USDC Cardano (ADA) and Ripple (XRP) FAQs Answered: Can They Reach $1?
Ripple's XRP has been stronger than Cardano's ADA lately, but both are still in a bearish trend. XRP tried to rebound but remains in a bearish pattern, suggesting further declines. ADA is stuck around $0.517, struggling to regain momentum.
Technical indicators show:
- XRP's MACD is bearish with low volume, indicating a lack of bullish momentum.
- ADA's On-Balance Volume (OBV) is in a steep downtrend, suggesting a continued downtrend.
If bulls remain passive, prices may fall below support levels ($0.4 for XRP and $0.4 for ADA). Reaching $1 seems challenging for now.