XRP and ADA Slip Again as Technical Setups Show Growing Breakdown Risk
XRP dropped roughly 2% and ADA sank about 4% on Thursday as both coins moved toward key breakdown levels inside long-running bearish structures. XRP’s price remains inside a symmetrical triangle, and a recent rejection at a cluster of moving averages between $2.41 and $2.63 suggests the pattern is losing stability — a development that increases the odds of a sharper decline should the lower trendline give way. Cardano’s chart shows a similar picture: momentum weakening as it approaches support that has held up previous bounces.
These are technical signals rather than guaranteed outcomes, but they matter because clear breakdowns from established patterns often accelerate selling and widen intraday volatility. Traders and holders should watch volume on any decisive moves, be prepared for possible retests of broken levels, and consider position sizing or stop placement to manage risk while the market sorts this next phase.