Solana (CRYPTO: SOL), Cardano (CRYPTO: ADA), and XRP (CRYPTO: XRP) are trading relatively flat on Tuesday, with technical patterns suggesting imminent breakouts or breakdowns.
Solana: $875 Million In ETF Inflows But Trapped In Triangle
Solana’s price faces two opposing forces: resistance around $135–$140 that repeatedly rejects rallies, and support at $118–$122 that continues to prevent deeper declines.
SOL has been grinding in this range for weeks with no clear winner yet.
SoSoValue ETF data shows the Solana Spot ETF pulled in $2.46 million on Monday alone, bringing total cumulative inflows to $875.84M with $1.05B in total assets under management.
That represents 1.50% of Solana’s entire market cap now sitting in institutional hands through the ETF.
They’re buying the dip while retail is capitulating—a pattern that often precedes major reversals.
The price sits below all key moving averages: 20-day at $130.66, 50-day at $134.50, 100-day at $144.84, and 200-day at $156.84.
That’s full bearish alignment, meaning the trend is still down until proven otherwise.
Key levels: Breaking $135-140 triangle resistance confirms reversal and targets $156 (200 EMA), then $170-180. But losing $118 December low targets $110-115, with $108 breakdown opening catastrophic decline to $100.
XRP: $3.43 Billion Open Interest Ready To Explode
XRP is stuck near the bottom of its price range after falling to December’s $1.72 low.
The big story is what’s happening behind the scenes in the derivatives market.
Traders have $3.43 billion worth of open positions on XRP right now—that’s a massive amount of leverage that needs to unwind one way or another.
Binance data shows there are 3.13 times more traders betting XRP goes up than betting it goes down. That’s a heavily one-sided bet.
In the last 24 hours, liquidations wiped out $782,240 in long positions compared with just $368,840 in short liquidations.
That means more bears are getting forced to exit their trades, which typically happens when price is trying to move higher.
Key levels: Breaking $2.00-2.10 confirms reversal and targets $2.30-2.40 descending trendline, then $2.50-3.00. But losing $1.80 support targets $1.72 December low, with $1.70 breakdown opening decline to $1.50-1.60.
Cardano: Bulls Gaining Momentum Despite Downtrend
ADA has hit $0.34 multiple times over the past month and bounced every single time without breaking lower.
That’s exactly what happens when buyers are defending a level—they keep stepping in at the same price to prevent further drops.
Even better, each time ADA bounces off $0.34, it’s been making slightly higher lows. That’s the first sign of a potential turnaround after a big selloff.
The momentum indicators are also starting to shift. The bulls (measured by +DI at 22.97) are now stronger than the bears (measured by -DI at 12.83).
Moreover, the Supertrend at $0.4091 sits well above current price as resistance.
The problem is ADA is still stuck below $0.41, which has been acting as a ceiling. Until it breaks above $0.40-0.42, this is just a bottom formation.
Key levels: Breaking above $0.40-0.42 would signal the bottom is in and open the door to $0.47-0.50. But if $0.34 finally breaks after all these tests, it would likely trigger a drop to $0.32-0.30, with $0.30 giving way potentially sending it to $0.28 or lower.
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