Cardano

Coin

<ul class="news-points"> 
 <li><strong>Santiment revealed in a tweet yesterday that ADA and XRP are seeing high levels of sell volume at low prices.</strong></li> 
 <li><strong>ADA was able to print a 24-hour gain while XRP saw its price drop over the past day of trading.</strong></li> 
 <li><strong>Technical indicators on XRP’s daily chart suggested that the altcoin’s price may drop to $0.4436.</strong></li> 
</ul> 
<p>The blockchain analytics firm Santiment tweeted yesterday that many top cap crypto assets are being traded at a loss following the high level of profit taking last week. According to the post, <a href="https://coinedition.com/xrp-ada-and-matic-are-altcoins-to-watch-this-coming-week/">Cardano (ADA) and Ripple (XRP)</a> are seeing notably high amounts of sell volume at lower prices, which increases the chances of positive rebounds for both altcoins, predicted the firm.&nbsp;</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> Top cap <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a> assets are being traded at a loss after the high profit taking last week, lending to the price drop we've seen. <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$XRP</a> and <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ADA</a> are seeing a particularly high amount of sells at lower prices, making the chances of bounces increase. <a href="https://t.co/Ntt3HoC52S" target="_blank" rel="nofollow">https://t.co/Ntt3HoC52S</a> <a href="https://t.co/z5BatBNlKe" target="_blank" rel="nofollow">pic.twitter.com/z5BatBNlKe</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1677404030614781952?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 7, 2023</a>
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<p>At press time, CoinMarketCap indicated that ADA printed a 24-hour gain while XRP’s price dropped slightly during the same period. ADA was trading at $…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/ada-and-xrp-suffered-the-most-with-last-weeks-profit-taking/">ADA and XRP Suffered the Most With Last Week’s Profit Taking</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

ADA and XRP Suffered the Most With Last Week’s Profit Taking

Coin Edition

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