XRP, ADA, SOL Slide Drop 3% As Charts Warn That Selloff Isn’t Finished Yet
XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA) and Solana (CRYPTO: SOL) all moved sharply lower on Wednesday as multiple chart breakdowns signaled that the ongoing selloff may not be finished yet.
XRP Breaks Down Below Key Value Area
Price Prediction for XRP on TradingView
XRP is down around 3.5%, following a decisive daily breakdown that keeps price pinned against long-term ascending support.
The latest selloff pushed the price below the $2.33 volume node, a level that had held as balance support through September and October.
That loss signals a shift from consolidation to continuation.
Price is now testing the rising base from the April and June lows near $1.85 to $1.90, but rebounds show weak follow-through, suggesting defensive buying rather than fresh accumulation.
A daily close below this trendline would expose the $1.60 to $1.65 demand zone, …
About The Author
