bullish

Cardano

TOLY’S DOG

would

<p>XRP jumped more than 9% over the past 24 hours after breaking out of a months-long downtrend, reclaiming key technical levels and reigniting bullish momentum across major altcoins.</p>
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   <li>The rally marks XRP’s first decisive trend reversal since peaking near $3.40 in August.</li>
   <li>Buyers pushed the token back above multiple moving averages, confirming a potential double-bottom formation near $1.80.</li>
   <li>Similar breakout setups are emerging in Cardano and Solana, suggesting broader risk appetite is returning to large-cap altcoins after weeks of consolidation.</li>
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<p>XRP reclaimed critical support at $1.80 before surging through its 20-day ($1.97) and 50-day ($2.05) exponential moving averages, and is now testing resistance at the 100-day EMA near $2.22.</p>
<p>The Supertrend indicator has flipped bullish at $1.87, shifting from resistance to dynamic support—a notable momentum change following months of sideways price action.</p>
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<p>Rising volume alongside the sharp move points to strong buyer conviction rather than a short-lived bounce.</p>
<p>A break above the 200-day EMA at $2.35 would place $2.60–$2.70 in focus, with a larger upside path toward $3.00 and the descending resistance zone between $3.20 and $3.40.</p>
<p>On the downside, bulls must defend $2.05 and $1.96; a loss of $1.80 would invalidate the bullish structure.</p>
<figure class="wp-block-image size-large">
 <img loading="lazy" width="1024" height="747" src="https://media.crypto.news/2026/01/chart243.webp" alt="XRP breaks slump with 9% surge as chart signals flip bullish - 19">
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  Source: <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">CoinGecko</a>
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<h3 class="wp-block-heading" id="cardano">Cardano</h3>
<p>Cardano (<a href="https://crypto.news/price/cardano/" rel="noopener noreferrer nofollow">ADA</a>) is also flashing reversal signals, climbing nearly 5% after breaking out of a falling wedge that had compressed price action since October.</p>
<p>ADA rebounded from late-December lows near $0.35 and is now testing its 20-day EMA at $0.38, supported by rising volume and a bullish SAR flip at $0.34.</p>
<p>The pattern projects a move toward $0.50–$0.52, with resistance at $0.42 and $0.45-$0.47 along the way.</p>
<h3 class="wp-block-heading" id="solana">Solana</h3>
<p>Solana (<a href="https://crypto.news/price/solana/" rel="noopener noreferrer nofollow">SOL</a>) joined the move with a 3.6% gain, trading around $138 after reclaiming its 20-day EMA and defending the $120–$122 support zone multiple times in December.</p>
<p>A confirmed double bottom and heavy accumulation between $120 and $140 suggest institutional interest, though SOL faces near-term resistance at $140–$145.</p>
<p>Clearing that zone opens the door to $150 and $162, while failure risks a pullback toward $128.</p>
<p>Together, the synchronized breakouts indicate a broader shift in market structure—one in which altcoins are emerging from prolonged corrective phases.</p>
<p>Read more: <a href="https://crypto.news/hector-turns-largest-private-companies-public-tokens/" rel="noopener noreferrer nofollow"> Before the IPO: How Hecto is turning the largest private companies into public tokens </a></p>

XRP breaks slump with 9% surge as chart signals flip bullish

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