In the latest Cardana News, ADA Crypto could be on the verge of a major XRP integration with RLUSD – latest Cardano price prediction?
Cardano (ADA) has been a magnet for market drama lately, its value bouncing unpredictably and keeping traders on edge. A bullish cup and handle pattern have surfaced, and Ripple’s RLUSD stablecoin hovers as a potential addition to the ecosystem.
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to $5 once the integration happens. I’m calling it now (please buy my bags).
Um, so, anyway. Here’s the lowdown on what’s brewing between Cardano and XRP.
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Ripple RLUSD Stablecoin Partnership With Cardano
Cardano’s outspoken frontman Charles Hoskinson has confirmed talks with Ripple over integrating its RLUSD stablecoin. The USD-backed token is already making moves and is listed on exchanges like Bitstamp and Bullish.
“We are actively talking,” Hoskinson stated in a recent post, referencing the possibility of bringing RLUSD into Cardano’s ecosystem. “Cardano needs a solid stablecoin ecosystem,” pointing to a broader vision for integrating stablecoins like RLUSD, USDM, and Djed.
(X)
If RLUSD lands on Cardano, it’s a potential power move—boosting appeal for DeFi projects and adding some real weight to ADA’s ecosystem.
Hopefully, whatever Cardano is up to, it’s better than this cryptic weirdness.
(Cardano)
I was interested in Cardano before reading this post. Now, I am no longer interested.
ADA, trading at $0.96, isn’t spiraling to its lowest price in months on its own. Strong U.S. job numbers are stirring up inflation fears, putting Fed rate cuts on indefinite hold. The pressure cooker has crypto markets cracking, with sharper sell-offs hammering ADA and Ethereum ($ETH).
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Cardano Sees Cup and Handle Pattern: A Bullish Signal?
(ADAUSDT)
Technical analysis suggests that Cardano’s price is forming a cup-and-handle pattern on the charts. Immediate support for $ADA is at $0.93, aligning closely with the 200-day SMA. If this level breaks, the next key support lies at $0.90.
Cardano faces resistance at $0.96, with a stronger cap near $1.00. A breakout above this zone could confirm the bullish pattern, signaling the potential for further upward movement.
(Cardano)
The Moving Average Convergence Divergence signals a quiet bullish crossover, suggesting momentum is building if the histogram keeps climbing.
Meanwhile, the Relative Strength Index sits at 60, tilting bullish but with enough breathing room to avoid overbought alarms. Should the cup and handle pattern play out fully, ADA could target higher resistance levels, offering promising prospects for traders.
Can ADA Rebound in 2025?
ADA’s slip to $0.91 comes as profit-taking and uncertainty ripple through the market, but the cup and handle pattern flashes a potential recovery.
A rebound off $0.93 support could stir up buying momentum, pushing ADA toward testing $0.96 resistance in the short term. On the horizon, clearer macro signals and progress on RLUSD integration could act as serious tailwinds for Cardano. For now, the focus hangs on whether ADA can break free or remain under bearish pressure.
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The post ADA Crypto Could Be On Verge of XRP Integration: Cardano Price Prediction For January 2025? appeared first on 99Bitcoins.