Bitcoin (BTC) $106,354 price hovers around the $106,000 mark with trading volumes being weak due to the U.S. holiday week. This week carries significant importance as it anticipates President Trump’s aggressive remarks on tariffs. Additionally, with upcoming U.S. employment data, expectations around the Fed’s interest rate decision will also take shape. What are the predictions for XRP, SOL, and ADA Coins?
XRP and SOL Coin Insights
Two altcoins recently received ETF approval. Grayscale’s ETF application for a cryptocurrency basket was approved today. Despite the uncertainty looming over this week, this positive news did not immediately impact altcoin prices. However, with the ETF approval now confirmed, these altcoins are expected to rise due to increased institutional acceptance and legitimacy over time.
The XRP Coin price sits just below the critical $2.2 support level. With BTC price at around $105,623, the current XRP price remains relatively stable. Without the recent BTC decline, the completion of the appeal process and the ETF approval would have presented a more favorable scenario for XRP Coin. Should Trump remain volatile, XRP Coin could fall to $1.98, with $2.07 being closely watched. On the rise, $2.2, $2.5, and subsequently $2.7 form important thresholds.
SOL Coin, which recently tested $158, has been impacted by the short-term downward trend. If the selling trend continues, new lows might emerge between $138 and $112. In a scenario where tariff agreements conclude positively, the target would be a peak of $178. This could lead to a larger rally pushing past the $300 resistance, focusing on four-digit targets and potentially replicating the hype witnessed in 2021 during a bullish season.
Cardano (ADA) Developments
Recent partnerships, network developments, and U.S.-based operations have been significant for ADA Coin’s price. Yet, due to a general lack of demand in altcoins, the price is moving closer to $0.5.
Currently, the immediate local dip target is $0.51, and closing below this could produce unfavorable outcomes for ADA Coin. For a positive outcome, $0.58 should be reclaimed as support with $0.76 as the renewed target. Changes in the overall market sentiment will have substantial effects here.
