{
  "type": "article",
  "title": "Solana and Cardano Hold Support while Ripple Tests Crucial One Dollar Threshold",
  "summary": "Major altcoins navigate mixed technical setups as Ripple fights to hold the $1.00 psychological support, while Solana and Cardano trade near their key 50-day moving averages amid broader market fatigue.",
  "content": "Cryptocurrency markets exhibit a cautious stance on Thursday as prominent digital assets hover around decisive technical support and resistance levels. Ripple's XRP is sustaining just above the critical $1.00 psychological benchmark, though mounting downward momentum keeps breakdown risks elevated. Simultaneously, Cardano is testing its 50-day Exponential Moving Average (EMA), while Solana records modest gains within a defined consolidation range. Broader market leaders including Bitcoin and Stellar continue to face structural headwinds as declining liquidity and subdued on-chain activity weigh on investor sentiment.\n\nRipple Faces Heavy Resistance Beneath Descending Moving Averages\nRipple trades near $1.0116 on Thursday, preserving a delicate hold above $1.00. Despite retaining this threshold, the overall market structure remains biased to the downside. The asset is positioned below its 50-day, 100-day, and 200-day EMAs, located at $1.0911, $1.1727, and $1.4041 respectively. This stacked formation of falling moving averages acts as an overhead supply zone, likely limiting the scope of temporary price rallies.\n\nMarket technicals highlight $1.00 as a crucial line of defense. A decisive daily close under $1.000 could trigger extended selling pressure toward the S1 Pivot level at $0.9945, with potential further slippage toward the S2 Pivot level at $0.9271. The daily Relative Strength Index (RSI) registers around 37, reflecting persistent weak momentum without reaching extreme oversold conditions. Concurrently, the Moving Average Convergence Divergence (MACD) indicator continues its trajectory deeper into negative territory, confirming building bearish pressure. Upside movement will encounter primary resistance at the 50-day EMA of $1.0911, followed by $1.1727 and $1.4041.\n\nSolana Rebounds Near Technical Support with Live Market Data\nSolana (SOL) maintains its footing above the 50-day EMA at $75.51 and its former descending trendline resistance, which now serves as horizontal support around $75.16. Live market figures show SOL trading at $76.36, representing a +1.10 percent increase over the previous close of $75.53. Daily trading volume stands at 0.97 times its 20-day average, set against a 52-week trading range of $60.41 to $148.22.\n\nTechnical analysis indicates that SOL's recovery faces overhead supply near $76.92, which marks the 50 percent Fibonacci retracement of the downswing from $98.41 to $60.13. This level is further reinforced by the 100-day EMA at $78.40. A sustained breakout above $78.40 is required to confirm a bullish trend continuation toward the 78.6 percent retracement level at $88.56. Daily momentum indicators lean slightly positive, with the RSI at 55 and the MACD line at 0.12 against a signal line of -0.23 (histogram +0.35). The Average True Range (ATR 14) shows daily volatility at 2.05. Key short-term levels place the Pivot point at $76.11, Resistance R1 at $76.73, R2 at $77.11, Support S1 at $75.73, and S2 at $75.11. A death cross configuration (EMA50 below EMA200) underscores the long-term trend background.\n\nCardano Tests Trendline Floor as Momentum Indicators Flatten\nCardano (ADA) trades near $0.1838 following consecutive sessions of decline. The price remains marginally above the 50-day EMA at $0.1804 but is capped below the 100-day EMA at $0.1964, maintaining a neutral near-term outlook. An ascending trendline positioned near $0.1617 continues to provide long-term structural support.\n\nThe daily RSI for ADA stands near 52, signaling balanced buying and selling forces. However, a recent bearish cross of the MACD below its signal line indicates fading upward momentum. A breakdown below the 50-day EMA at $0.1804 could expose ADA to a retest of the $0.1617 trendline support. Conversely, a bounce off $0.1804 would face immediate resistance at the 100-day EMA of $0.1964.\n\nBitcoin Liquidity Hits Multi-Year Lows Amid Macro Backdrop\nIn the broader digital asset space, Stellar (XLM) and Ripple remain under pressure with subtle price pullbacks. Stellar trades beneath critical moving average levels, while mixed derivatives data points to cautious positioning across market participants.\n\nBitcoin (BTC) is changing hands around $63,000 after enduring three consecutive daily losses. The US Consumer Price Index (CPI) report for July released earlier matched expectations at 3.4 percent, prompting a brief BTC rally above $64,000 before selling pressure dragged prices lower into a bearish close. Meanwhile, Virtuals Protocol and OKB logged strong gains over the past 24 hours.\n\nOn-chain analytics from a Glassnode report released Wednesday indicate growing market exhaustion. Weakening order book liquidity and stagnant spot demand leave Bitcoin susceptible to heightened volatility. The report notes that Bitcoin is currently range-bound between two vital cost-basis thresholds, with overall network activity falling to levels not seen since 2019.\n\nWhat this means for you\nAcross India: Crypto investors holding XRP, SOL, or ADA face potential downside risk if key support levels break down.\n\nFor Traders: Tight liquidity and range-bound trading near critical EMA lines highlight the need for disciplined risk management and stop-loss placement.\n\nQuestions & Answers\n\n1. Why is the $1.00 level critical for Ripple (XRP)?\nThe $1.00 mark acts as a major psychological floor. A decisive close below it risks extending losses toward $0.9945 (S1 Pivot) and $0.9271 (S2 Pivot).\n\n2. What are the key resistance levels for Solana (SOL)?\nSolana faces upside resistance at the $76.92 Fibonacci level and the 100-day EMA at $78.40. Clearing $78.40 opens a path toward $88.56.\n\n3. What is the next support target for Cardano (ADA)?\nCardano's immediate support lies at its 50-day EMA of $0.1804. A break below this level exposes the asset to an ascending trendline near $0.1617.\n\n4. What did the Glassnode report highlight about Bitcoin?\nGlassnode reported that Bitcoin market activity has dropped to its lowest point since 2019, with subdued demand and low liquidity creating vulnerability to sharp market shifts.",
  "url": "https://trendkia.com/en/crypto/solana-aura-cardano-men-halachala-ke-bicha-ripple-eka-dolara-ke-ahama-stara-para-ara-16255",
  "category": "Crypto",
  "publishedAt": "2026-08-13",
  "tags": [
    "Cryptocurrency",
    "Ripple",
    "Solana",
    "Cardano",
    "Bitcoin",
    "Price Prediction",
    "Technical Analysis",
    "finance"
  ],
  "language": "en",
  "site": "TrendKia"
}