Increasing economic uncertainties in the US and the pressure of the Central Bank policies led to remarkable decreases in the crypto currency market. In the last 24 hours, losses exceeding 6 percent have been observed in leading crypto currencies such as XRP, Solana (left) and Cardano (island). Investors closely follow both technical indicators and global developments. This new picture in the market has led to the necessity of re -evaluation in short -term expectations.
XRP is watching under critical thresholds
The XRP, which is directly associated with Ripple Labs, has fell below significant support levels with the recent depreciation. According to Coings data, it is seen that high leveraged positions around $ 1.60 are concentrated. This indicates that the upward short -term jumps may be possible at the price, but the overall tendency is progressing to decrease. In the graphs, the possibility of a dual foot formation at $ 1.80 is closely monitored by technical analysts.
The fact that the Relative Power Index (RSI) has reached the over -selling zone may increase the expectations of short -term recovery for investors. However, when the current decrease trend will end, it depends not only on technical indicators, but also on macroeconomic developments. In particular, the way the US Federal Reserve will follow in monetary policies may be decisive on the price movements of XRP.
The decline deepens in Solana and Cardano
Solana (left) is difficult to hold on significant support levels in the $ 100-110 band. There were losses exceeding 8 percent in the last week. The weakness of liquidity in the market increases the likelihood of a sudden drop, while the cautious approach of investors draws attention. When the past price movements were examined, the sustainability of these recovery was quite limited, although short -term recovery was seen after similar decreases.
On the Cardano (Ada) side, the table is even more pessimistic. The island has lost around 23 percent in the last two weeks. The prominent decline in the technical analysis offers a short -term relief, but the overall tendency is downward. The RSI and moving average data clearly show that the island tends to a weak price. Crypto currency investors need to consider the general risk appetite of the market as well as such technical structures.
Macro developments create uncertainty in the market
This decline trend in the crypto money market is not only possible with technical analysis. New trade tariffs, interest policies and global inflation expectations implemented by the USA negatively affect investor psychology. In particular, the tendency to reduce the positions of large funds and corporate investors plays a decisive role on the general aspect of the market.
In technical indicators, RSI, MACD and moving averages are closely monitored. At the same time, the breaks of certain support and resistance points can pave the way for new price movements. For this reason, both individual and corporate investors, technical structures, as well as the news flow of the market has been paid attention. Liquidity conditions and large wallet movements are among the important risk elements in the existing volatility environment.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
