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$XRP Support+HTF Trend confluence. Last area to hold or it’s fucked imo

XRP faced significant downward pressure as March came to an end. The cryptocurrency experienced a notable decline of over 20% since the March 19 announcement the U.S. SEC withdrew its lawsuit against Ripple. As of press time (early April 2), XRP is down more than 2% over the past 24 hours, trading near $2.12. XRP’s global search interest also fell to a new low reading of 17, according to Google Trends data. This marks a huge drop from the peak interest seen in December 2024 and January 2025, when XRP experienced a major price surge. This underwhelming price performance comes despite several background factors often viewed as positive. These include President Donald Trump’s earlier hints at including XRP in a national crypto stockpile and ongoing expectations the SEC may soon approve spot XRP exchange-traded funds (ETFs). With price action stagnant, crypto analyst Egrag Crypto stated that April is shaping up to be a key month for XRP , likely filled with major price swings and volatility. Related: Trump’s “Liberation Day” Arrives: How Will New Tariffs Affect Crypto Prices? The analyst predicts XRP will test both its lower support and upper resistance levels soon. He sees it likely dipping back toward the $1.90–$1.79 support range before making a move toward the $2.80–$3.00 resistance area. This expected price action isn’t predicted to be smooth, according to Egrag; instead, will involve “quick wicks” – rapid price spikes that briefly test these key levels without sustaining them for long periods. The forecast then gets interesting. After this anticipated period of price testing and volatility, Egrag sees the asset surging 62–70% from its eventual lowest point established during this corrective phase. However, this rally might not happen immediately. The market could linger in what Egrag describes as a “boredom phase.” During this phase, price movements are minimal, giving the illusion of stagnation. Related: “YOLO”: Ripple CTO Reacts as Analyst Swaps BTC, ETH, XRP, SOL for DOGE/BONK But Egrag notes such quiet consolidation phases often set the stage for a powerful eventual breakout move higher in technical patterns. After a brief revisit to the $2 range, XRP might surprise everyone with a “final blastoff,” marking the start of a new bullish cycle. As Egrag puts it, “Ready or not, XRP will take you by surprise!” This hints that the current lull could be the calm before a storm of price action. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Cardano (ADA) finds itself at a key technical moment, where it grapples with a prolonged resistance zone that has largely defined its market behavior since December 2024. Priced near $0.6811 at press time (early April 2), ADA has seen an 11.03% decline over the past seven days, despite a small 0.44% gain in the last 24 hours. Its market cap stands near $24.5 billion with recent daily trading volume exceeding $620 million. Cardano’s price action over the past few months showed a pattern involving failed breakout attempts and subsequent pullbacks near significant overhead price levels. According to Dan Gambardello, a known crypto analyst, ADA’s current position is at a critical technical juncture. The resistance level he identifies between $0.72 and $1.24 is proving to be a major barrier for bulls currently. Gambardello suggests that once ADA manages to break decisively above the $0.72 mark, the path toward the $1.24 upper target becomes much clearer technically. Such a move could signal the beginning of a new sustained bull market phase for Cardano. However, the price remains in consolidation mode below resistance until such a decisive breakout actually occurs. Related: Cardano Founder to Share Stage with Donald Trump Jr. at Crypto Panel Moreover, Cardano’s support structure is holding steady for now, with both the 100 EMA (blue) and 200 EMA (light blue) acting as key areas of price stability. These moving averages have proven to be reliable support levels during this consolidation phase. The most recent daily price candle shows a slight bullish reversal attempt initiating from support levels. However, traders likely need confirmation of a clear breakout above the $0.72 resistance area for the rally to gain significant upward momentum. Despite some tentatively positive chart signs like holding EMA support, Cardano’s price action remains under pressure. This appears partly due to significant recent selling activity observed on the blockchain. On-chain data from Santiment, highlighted earlier by analyst Ali Martinez, revealed whales recently sold off approximately 200 million ADA tokens. This large selling volume has likely been a key factor preventing a stronger price recovery for ADA so far. Historical data often suggests such large whale transaction flows can trigger further downward price momentum, unless strong new buying pressure quickly emerges to absorb the selling effect. Related: Hoskinson to Cardano Critics: Where’s the Proof of “No Achievements”? Currently, Cardano’s price hovers near the $0.68 mark. Importantly, it holds above the crucial $0.60 longer-term support level also watched by Martinez. If ADA fails to reclaim the $0.70 to $0.80 range relatively soon, Martinez previously warned it could potentially see a sharp decline, possibly falling toward his identified $0.31 technical downside target. However, ADA’s current resilience above the $0.60 support level suggests a price recovery remains technically possible, provided significant buying interest returns to the market soon. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Digital asset manager Grayscale, overseeing nearly $16 billion ($15.95B) in assets, released insights identifying 20 crypto assets to watch for the second quarter of 2025, reportedly based on various internal metrics. The insight highlights established, large-cap tokens such as Bitcoin and Ethereum alongside others like SUI. It also recognizes emerging projects within growing sectors like Decentralized Finance (DeFi), Artificial Intelligence (AI), and Decentralized Physical Infrastructure Networks (DePIN). Notably, the Grayscale list highlights Bitcoin as the dominant asset, with a market cap of $1.66 trillion and a low volatility of 52.8%. Ethereum follows with a market cap of $238 billion and a higher volatility of 77.4%. It continues to lead in decentralized applications (dApps) and smart contracts. Another token mentioned by Grayscale in this top category included Optimism (OP). Joining the ranks of the top assets are Solana, Chainlink, and SUI. Solana, with a market cap of $65.3 billion, stands out for its scalability and low transaction costs despite having a higher volatility of 112.2%. Similarly, SUI has a market cap of $7.2 billion and a volatility of 115%. Chainlink, a key player in the DeFi and tokenization sectors, boasts a market cap of $8.9 billion and a volatility of 105.8%. As a decentralized oracle network, Chainlink is critical in ensuring secure and reliable data transfers for smart contracts. Grayscale’s insight also points to the growing importance of AI and DeFi projects. Bittensor (TAO) and Story Protocol (IP) are leading innovations in AI. Story Protocol is showcasing an extreme volatility of 417.3%. Related: Crypto Market Divided Ahead of April 2 “Liberation Day”: BTC Waits, Alts Run In the DeFi space, projects like Hyperliquid (HYPE), Uniswap (UNI), and Aave (AAVE) continue to hold strong market positions, highlighting the demand for decentralized financial services that empower users to transact and earn independently of traditional financial institutions. The Grayscale report also notes the increasing relevance of stablecoins and Ethereum scaling solutions. Ethena (ENA), with a market cap of $1.9 billion, is focused on stablecoins and has a volatility of 148.8%. On the Ethereum L2 side, Optimism (OP) is highlighted again as an emerging leader among scaling solutions. It aims to improve transaction efficiency and reduce costs for dApps built on the main Ethereum network. DePIN (Decentralized Physical Infrastructure Networks) is another area of growth, with projects like Helium (HNT) and Geodnet (GEO) leading the way. These projects combine physical infrastructure with decentralized networks. Related: Ethereum April 2025 Forecast: Analyzing the Bull vs Bear Case After Dip Separately, other AI-focused projects like Grass (GRASS) and Virtuals Protocol (VIRTUAL) are also on Grayscale’s Q2 watchlist. These projects are gaining attention for building foundational ecosystems that integrate AI into the blockchain. The asset manager stresses the fundamental importance of conducting thorough independent research (DYOR) before making any investment decisions based on their watchlist or other analyses. While the identified tokens show promise according to Grayscale’s selected metrics, the inherent volatility common across the entire cryptocurrency market always requires investor caution and careful risk management. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Flip 86k and i al bullish. Else 79-78k area. #Bitcoin