Two of the most community-supported altcoin layer 1s are breaking out and getting ready for a major surge to the upside. Just how high can Ripple (XRP) and Cardano (ADA) go?
$XRP breakout of trendline and horizontal level
Source: TradingView
The short-term chart for $XRP reveals the breakout of the descending trendline that has been in force since mid-January of 2025. What’s more, the price has also just broken through the resistance at $2.35, and looks to have flipped this level into support with a recent confirmation of the break.
The next target for the bulls is the last local high at $2.66. Bulls will need to be wary though. The indicators on the 12-hour and daily Stochastic RSIs are at the top, signalling an overbought condition. Therefore, there could still be a rejection at this level.
$XRP approaching last major resistance level
Source: TradingView
On the weekly chart the descending trendline is drawn in a different position in order to gain the most touch points. This shows that the original breakthrough just rolled back down the trendline, albeit staying on top for each weekly close.
These last three weeks have seen green candles that are making for the big resistance at $2.43. If this can be overcome, and the indicators for the weekly Stochastic RSI indicators are suggesting it can be, the route would be open to another all-time high. Watch this one closely.
$ADA flipping $0.61 into support?
Source: TradingView
$ADA has also broken out of a descending trendline, but this one only goes back as far as May. That said, a decent breakout has occurred, and the bulls look as though they may have flipped the $0.60 level into support. Just as is the case with $XRP however, the short-term Stochastic RSI indicators are all topping out, which might stunt further short-term price growth.
$ADA starting its next swing high?
Source: TradingView
However, on the weekly time frame, things look even more bullish. If the current weekly candle can close above the descending trendline, which would also confirm $0.58 as support, the next swing high could start to take shape.
Targets are the local high at $0.73, and then the top of the last swing high at $0.86. Zooming out further in the weekly time frame, the big hurdle to overcome in order to avoid lower highs going into the next bear market, is the big resistance at $1.19, and then the top of the last big wave at $1.33.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
