XRP on Brink of Triangle Breakout as ADA Extends Bullish Streak

Ripple (XRP) is on the cusp of a potential breakout from its symmetrical triangle pattern, trading above $1.00 and nearing the apex.

The price action remains mixed, trapped between two converging trendlines, but the Relative Strength Index (RSI) near 45 indicates neutral territory with a slightly downward slope.

XRP's resistance lies at the descending trend line around $1.1123, followed closely by the 50-day Exponential Moving Average (EMA) near $1.1194, forming a tight supply zone that bulls would need to clear to ease the current downside bias.

In contrast, Cardano (ADA) extends a renewed bullish bias after reclaiming the 50-day EMA at roughly $0.1755 and breaking above the former downtrend resistance line, now turned support, near $0.1735.