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Crypto analyst predicts breakout coming for ADA

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YouTube cryptocurrency analyst LuckSide Crypto stated in his latest market commentary that Cardano’s ADA token is primed for a major breakout in the near future, despite recent price struggles. The analyst pointed out multiple times that Cardano (ADA) is struggling but keeps hitting some key price levels. This points towards a positive market pressure. ADA once again made a stab at 40 cents. […] This 40-to-41 cent range for ADA, it’s a tough range. It’s a range it has struggled with this year. […] You can see obviously back at the beginning of May, […] in April, […] in February and then also late February too. It keeps hitting these levels and getting rejected and getting pushed down. LuckSide Crypto You might also like: Kaspa (KAS) gains steam with 54% weekly increase However, the analyst believes the broader cryptocurrency market is on the cusp of a definitive bullish turn, which will also lift the fortunes of underpe...

XRP tests ‘untapped resistance’ as breakout looms

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Despite the larger part of the cryptocurrency sector starting to slow down the gains from earlier this week, XRP is still trading in the green, recording positive results on all of its charts, and technical indicators suggest a more significant upward move. Specifically, XRP has already completed two daily closes above its key resistance at $0.5391 and is currently making a go at untapped resistance at $0.646, trying to reach the breakout target, as observed by a pseudonymous cryptocurrency market analyst CoinsKid in an X post published on October 25. XRP price action technical analysis. Source: CoinsKid As a reminder, the XRP token earlier received a strong push from the positive sentiment triggered by the United States Securities and Exchange Commission (SEC) withdrawing from its lawsuit against the top executives at the blockchain company Ripple. Shortly after, a US District Court Judge signed an order officially dismissing the charges against both Brad Garlinghouse and Ch...