- XRP is testing a key triangle pattern, while Cardano continues its strong recovery and Hyperliquid extends gains above important support.
- Traders are watching major resistance levels to see whether these altcoins can continue their upward moves.
XRP is approaching a key technical level that could determine its next major move, while Cardano continues to recover and Hyperliquid builds on recent gains. Although the three altcoins remain in different market structures, technical indicators suggest traders should watch several important price levels in the coming days.
XRP Price Approaches Triangle Breakout
XRP is trading above the important $1.05 support level as price continues to move inside a symmetrical triangle pattern. This formation often signals that a stronger move could follow once price breaks above or below the converging trendlines.
The first obstacle for XRP sits near $1.11, where the descending trendline meets the 50-day Exponential Moving Average (EMA). A daily close above this resistance could open the door for a move toward the next resistance around $1.16.
Momentum indicators remain mixed. The RSI is below the neutral 50 level, showing buyers have not fully taken control. However, the MACD is moving closer to a bullish crossover, suggesting buying pressure may be improving.
If XRP falls below the rising support trendline near $1.05, selling pressure could increase and push the price below the psychological $1.00 level.
Cardano Price Maintains Strong Recovery
Cardano has been one of the stronger performers over the past week, gaining more than 25% as buyers returned to the market. ADA recently moved above its 50-day EMA and successfully broke through a descending resistance trendline, which now acts as support.
The next important level for Cardano is around $0.225, where previous selling pressure emerged earlier this year. A successful move above that level would strengthen the bullish outlook.
Technical indicators also support the recovery. The RSI has climbed close to overbought territory, reflecting strong buying interest, while the MACD remains in positive territory with upward momentum.
On the downside, support remains around the 50-day EMA near $0.176, followed by the former resistance trendline near $0.174.
Hyperliquid Holds Above Key Support
Hyperliquid (HYPE) has posted gains for three consecutive sessions while holding above its 200-day EMA near $50.78. Maintaining this level has helped stabilize the recent correction.
The next target for buyers is the 50% Fibonacci retracement level near $57.55. A stronger recovery would require HYPE to reclaim the 50-day EMA around $59.58, which remains the main resistance level.
Momentum indicators are beginning to improve. The MACD is approaching a bullish crossover, while the RSI has recovered from weaker levels without entering oversold territory, suggesting selling pressure is fading.
If buyers lose control, immediate support is located near the 200-day EMA around $50.79, followed by stronger support near $47.32.
Outlook for XRP, Cardano, and Hyperliquid
XRP remains close to a decisive breakout point that could shape its short-term direction. Cardano continues to show one of the strongest recoveries among major altcoins, supported by improving technical indicators. Meanwhile, Hyperliquid is attempting to extend its rebound after defending a critical long-term support level.
The next few trading sessions could determine whether these recoveries continue or whether sellers regain control, making the highlighted support and resistance levels worth monitoring closely.
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