XRP and Cardano Rebound Over 45% Amid Trade War Chaos, Eyeing Bullish Breakouts

XRP (XRP) and Cardano (ADA) have staged strong rebounds following steep declines triggered by heightened U.S.-China trade tensions. Both cryptocurrencies had suffered sharp losses alongside Bitcoin (BTC) and Ethereum (ETH) as investors pulled funds from crypto markets amid uncertainty.

However, with markets stabilizing after Trump’s administration temporarily delayed tariffs on Mexico and Canada, XRP and ADA have formed potential bullish reversal patterns that could fuel further upside.

Both assets are painting ascending triangle formations—a bullish technical setup that typically emerges near local bottoms. These patterns form when prices establish a horizontal resistance level, while higher lows indicate increasing buying pressure.

A breakout above the resistance line often signals a shift in momentum, paving the way for a sustained rally.

XRP Targets a 33% Rally Toward $3.43

XRP has recovered from its recent lows, consolidating within an ascending triangle structure on the 4-hour chart.

The resistance level near $2.80 is a ceiling, while higher lows indicate growing bullish momentum. If XRP breaks above this key level with strong volume, the measured move target suggests a rally toward $3.43, aligning with previous resistance levels.

Supporting this bullish thesis, XRP’s Relative Strength Index (RSI) has rebounded from oversold territory, signaling improving momentum. However, XRP must flip its 50-day exponential moving average (EMA) at $2.86 into support to confirm further upside.

ADA Eyes a 40% Breakout Toward $1.04

Similarly, ADA is forming an ascending triangle with resistance near $0.84. A successful breakout could propel its price toward $1.04, marking a 40% upside move based on the triangle’s height.

ADA’s RSI has also recovered from oversold conditions, suggesting potential buying interest at current levels. However, it faces resistance from the 50-day EMA at $0.88 and the 200-day EMA at $0.95. A close above these moving averages would further validate the bullish breakout scenario.

Both XRP and ADA are attempting bullish reversals after rebounding from local bottoms. Their ascending triangle patterns indicate potential breakouts. However, confirmation depends on whether buyers can push prices above resistance levels and sustain momentum.

Given the lingering uncertainty from Trump’s trade war developments, crypto market volatility could persist, making a decisive breakout critical for further upside.