- XRP maintains bullish momentum, surpassing $3.20 resistance with $3.25 as the next significant level to watch.
- ONDO gains 7.52%, facing resistance at $1.50 and $1.55, with strong support around $1.30 and $1.34.
- PYTH shows resilience at $0.32 support despite a 2.98% dip, while $0.35 resistance remains a challenge.
The cryptocurrency market continues to see significant developments, with digital assets moving into the spotlight as Donald Trump’s inauguration underscores blockchain’s growing importance. XRP, ONDO, and PYTH, among other assets, are navigating key market levels amid heightened interest.
Ripple’s digital asset XRP breaks above crucial resistance levels
XRP has shown strong momentum and has surged to $3.21, a 0.75% increase in the 24 hours. This is a crucial level as the asset has now broken resistance at $3.20 with further possible gains to $3.25. As of now, there is tremendous buying power at $2.90 and $3.05, which has helped in pushing the prices higher.
As XRP consolidates above $3.20, market sentiment remains optimistic about its next move. Staying above this resistance could indicate sustained bullish momentum, making $3.25 the next critical hurdle.
ONDO Maintains Steady Growth
ONDO has also seen notable growth, rising 7.52% to $1.44. The asset found robust support around $1.30 and $1.34, enabling its recent climb. However, resistance at $1.50 and $1.55 has historically posed challenges, limiting upward movement.
A continued uptrend could see ONDO testing these resistance levels again, but any slip below $1.34 may lead to a retest of the $1.30 support. Market watchers remain cautious as the asset navigates these pivotal points.
Unlike XRP and ONDO, PYTH has faced downward pressure, dropping 2.98% to $0.32 over the past day. Despite this, the asset has held its ground at the critical $0.32 support level. Resistance remains firm at $0.35, with additional challenges near $0.347.
A break below $0.32 could lead to further losses, potentially testing the $0.30 level. Conversely, holding above this support may allow PYTH to attempt another push toward $0.35, though broader market conditions remain a key factor.
The digital asset market’s momentum reflects its transition into mainstream discussions. As XRP, ONDO, and PYTH navigate critical levels, the coming days could provide clearer insights into their potential paths.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.