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Crypto

Altcoins Hold Ground Amid Easing Bullish Momentum

Guavy AI Editorial Team
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SOL XRP ADA
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Ripple (XRP), Cardano (ADA), and Solana (SOL) have been holding their ground despite easing bullish momentum. Ripple is currently trading around $1.3685, while Cardano and Solana are up nearly 2% and hovering above key support levels.

The technical outlook for these altcoins suggests a downside risk due to the ongoing US-Iran war's impact on the broader crypto market. However, they have been managing to hold at crucial support levels.

Ripple's price action is being closely watched as it approaches the 200-day EMA at $1.3827. If it can break above this level, it could see a significant extension of its recovery towards the August 23 high at $1.5507.

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