Contents<\/p>\n
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- ADA market performance<\/a><\/li>\n
- XRP price fall<\/a><\/li>\n<\/ul>\n<\/div>\n
Popular on-chain data aggregator Santiment<\/a> has posted a tweet, showing that XRP and ADA have high chances to rebound soon after a recent sell-off that hit the entire cryptocurrency market.<\/p>\n
According to the data shared by Santiment, many cryptocurrencies are being sold at a loss now after the high profit taking that hit the market last week. XRP and ADA are among them. However, since these two cryptos are being sold-off more than others at low prices, the chances of rebounding for XRP and ADA are growing to become high.<\/p>\n
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\ud83d\udccaTop cap #crypto<\/a> assets are being traded at a loss after the high profit taking last week, lending to the price drop we’ve seen. $XRP<\/a> and $ADA<\/a> are seeing a particularly high amount of sells at lower prices, making the chances of bounces increase. https:\/\/t.co\/Ntt3HoC52S<\/a> pic.twitter.com\/z5BatBNlKe<\/a><\/p>\n
\u2014 Santiment (@santimentfeed) July 7, 2023<\/a><\/p><\/blockquote>\n
ADA market performance<\/h2>\n
A week ago, on Friday, ADA printed a massive red candle on the hourly chart, falling 6.83%. After rebounding a little within the next several days, it has dropped 3.27% since June 5. In total, the price fall since last Friday constitutes 4.43%.<\/p>\n
At the time of writing this article, Cardano’s native coin is changing hands at $0.285 on the Binance exchange.<\/p>\n
![\"ADA00chartTRviewCardanoADA_00qwefrgwfrhjds3\"](\"https:\/\/u.today\/sites\/default\/files\/inline-images\/ADAchart.png\"\/)
Image via TradingView<\/a><\/em><\/figcaption><\/figure>\n XRP price fall<\/h2>\n
The Ripple-affiliated digital currency XRP has fallen harder than Cardano since last week. The fall began after a 4.72% rise on Sunday, July 2. However, after that by Wednesday, XRP first shed 3.62% and then the decline continued, the coin lost nearly 2% by now. The total price decrease since July 2 has been 5.49% as the coin is trading at $0.4667 at the moment on Binance.<\/p>\n
![\"XRP_reboundingRippleselloffXRP00qrgteregr\"](\"https:\/\/u.today\/sites\/default\/files\/inline-images\/XRPchart_3.png\"\/)
Image via TradingView<\/a><\/em><\/figcaption><\/figure>\n At the moment, both ADA and XRP are showing signs of recovery.<\/p>\n<\/div>\n
- XRP price fall<\/a><\/li>\n<\/ul>\n<\/div>\n