Kraken’s XRP/USD Pair at Critical Juncture: Bulls Battle Resistance at $2.1680

XRP’s price action is currently at a pivotal moment, with the cryptocurrency testing key resistance levels on Kraken’s XRP/USD pair. After bouncing from a support level at $2.080, the digital asset now faces significant resistance NEAR $2.1650, with the 100-hourly Simple Moving Average adding further pressure overhead. A bearish trend line on the hourly chart suggests potential downside, but a decisive close above $2.1680 could signal a bullish breakout. Traders are closely monitoring Kraken for signs of the next major move.

XRP Price Hits Resistance—Will the Bulls Push Through or Fade Away?

XRP’s price action shows a tug-of-war between bulls and bears as it tests key levels. After finding support at $2.080, the digital asset staged a recovery but now faces stiff resistance near $2.1650. The 100-hourly Simple Moving Average looms overhead while a bearish trend line forms on the hourly chart.

Market participants watch Kraken’s XRP/USD pair for signs of breakout or rejection. A decisive close above $2.1680 could signal renewed bullish momentum, while failure to overcome resistance may trigger another test of support levels. The asset’s movement mirrors broader market trends seen in Bitcoin and Ethereum.

Cardano’s Recovery Faces Resistance as ADA Struggles Below $0.685

Cardano’s price attempted a rebound from the $0.6420 support level but now confronts stiff resistance near $0.6850. The ADA/USD pair remains below both the psychological $0.680 barrier and the 100-hour moving average, signaling persistent bearish pressure.

A technical breakthrough occurred with the breach of a descending trendline at $0.650 on hourly charts, backed by Kraken data. The token managed to surpass the 23.6% Fibonacci retracement level, yet the recovery appears fragile. market participants await a decisive move above $0.6850 to confirm trend reversal potential.

The digital asset mirrors broader market weakness, having retreated from its recent $0.730 high alongside major cryptocurrencies Bitcoin and Ethereum. Failure to sustain momentum at current levels risks revisiting the recent $0.6426 low.