Ripple, Solana, and Cardano Brace for Impact as Trump’s Tariff Plans Unfold
Crypto majors XRP, Solana (SOL), and Cardano (ADA) have each shed roughly 6% over the past 24 hours, deepening losses as traders flee risk amid mounting macroeconomic stress.
Geopolitical flare-ups—headlined by the Trump administration’s aggressive tariff stance—and a Federal Reserve signaling fewer rate cuts than hoped are weighing heavily on sentiment. The result: a brutal reset across risk assets, with cryptocurrencies among the hardest hit.
Here’s a snapshot of what’s unfolding on the charts:
XRP: Heavy Leverage, Weak Structure
XRP, often tied to Ripple’s cross-border payment vision, is skating below key levels with downside momentum picking up.
- A double-bottom setup is forming near $1.80, but bulls are struggling to defend even short-term supports.
- RSI sits at 22.41, deep in oversold territory, yet no clear reversal is visible.
- MACD and Chaikin Money Flow are flashing red, suggesting persistent capital outflows and bearish control.
- The crucial $1.91 fib level is acting as overhead resistance. Any move lower toward $1.60 could trigger cascading liquidations in overleveraged long positions.
SOL: Whale Sell-Off and Token Unlocks Add Fuel
Solana is fighting to hold the $100 psychological level after dropping more than 8% in a week. Whales exiting their positions and a sizable unlock event have compounded the pressure.
- After a sharp 22% slide from $122.75 to $95.72, SOL has stabilized slightly but remains fragile.
- On-chain data shows one whale dumped $30 million in SOL amid a $200 million unlock, intensifying the downward spiral.
- RSI below 40 and MACD crossovers indicate sustained bearish momentum.
- Reclaiming $112 is key for bulls. Otherwise, a break below $100 could fast-track losses toward $80 or even $50, given thin liquidity.
ADA: Approaching Critical Pattern Resolution
Cardano is down 6% on the day and more than 23% over the past two weeks, yet a technical setup may offer some hope—if bulls can act soon.
- ADA is inside a falling wedge, typically a bullish reversal structure. The question is whether the wedge holds.
- RSI at 32 hints that exhaustion could be near, but there’s still room for more downside.
- Support between $0.60–$0.61 is being tested; losing this could open the path to $0.55.
- A breakout from the wedge could see a swift rally, especially if broader risk sentiment stabilizes.
Final Thoughts: Caught in the Crossfire
Altcoins are increasingly vulnerable to macro shocks, and this week’s losses reflect that reality. While oversold readings suggest a relief rally is possible, fundamentals remain shaky:
- XRP must reclaim $1.80 to inspire confidence.
- SOL is skating on thin ice—$100 is the last line of defense.
- ADA bulls are banking on the wedge structure to hold, but downside pressure hasn’t let up.
If macro conditions improve or a dovish surprise hits markets, these tokens may find their footing. Until then, traders should stay nimble and manage risk accordingly.
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