news 
Cardano Breaking Down While XRP Struggling to Hold $2: Here’s What to Expect from XRP & ADA Prices in March 2025
The crypto market is facing a severe downturn, with Cardano and Ripple’s prices experiencing a massive sell-off. As Bitcoin continues to decline below crucial support, Cardano has broken down below its descending parallel channel, leaving investors worried about the future prospects of these tokens.
As seen in the above chart, the ADA price has been trading within a bearish trend, indicating a potential drop below $0.523. However, a rebound remains possible as the CMF remains above 0, hinting at growing bullish momentum against bears. Nevertheless, this breakdown has significant implications for ADA’s future and may put a strain on the token’s overall market cap.
Meanwhile, Ripple (XRP) is facing an intense struggle to hold $2, as it appears in a bearish trend. The token’s failure to break above the descending parallel channel signals a potential drop to the lower support of $1.6 if the bears prevail. It is crucial for investors to stay alert for this crucial level.
