- Donald Trump’s election win triggered bullish moves in ADA, XRP, and SOL.
- ADA regained bullish momentum after a protracted sideways trend.
- XRP could benefit the most from the Donald Trump election win.
Donald Trump’s election win has triggered a wave of bullish trend in the crypto market, driving significant gains across multiple digital assets. Notable movers include Cardano (ADA), XRP, and Solana (SOL), with each showing distinct price dynamics over the past few days.
ADA has climbed nearly 40% since Trump’s victory on November 5, rising from $0.333 on November 6 to $0.459 within two days. This rally broke several resistance levels, shifting sentiment from neutral to bullish and opening doors to higher targets.
Notably, Cardano’s expanding DeFi network has further fueled optimism, positioning the blockchain for increased adoption. ADA recently retested the $0.45 resistance. A breakout above this level could push the token toward $0.48, potentially reclaiming its Q1 2024 highs when it reached $0.81 in March.
Read also: Cardano Price Prediction 2024-2030: Will ADA Reach $1 Soon?
X…
The post Trump’s Election Victory Fuels ADA, XRP, and SOL Gains appeared first on Coin Edition.
Source: https://coinedition.com/trumps-election-victory-fuels-ada-xrp-and-sol-gains/