Ripple, Cardano & Bitcoin – Asian Wrap 1 September

Coinbase
Changelly


Institutional demand for XRP has remained strong. SoSoValue data showed spot ETFs recorded a $5.64 million inflow on Monday, marking 10 consecutive days of positive flows since August 18. Moreover, net weekly inflows last week exceeded $110 million, the highest weekly flows since early December 2025. If these inflows continue and intensify, XRP could support gains ahead.

Cardano extends gains on Tuesday, advancing its 2% rise from the previous day above its 50-day EMA at $0.1916. The altcoin now tests the 100-day EMA at $0.1975, suggesting a mildly constructive near-term tone. Still, ADA remains capped beneath the 200-day EMA at $0.2434, near the 50% retracement of the downswing from $0.4370 to $0.1382 at $0.2458. A confirmed breakout above $0.1975 could target the 200-day EMA at $0.2434.

Bitcoin trades at $78,415 at press time on Tuesday, holding a clear bullish bias. The King crypto price holds above the 50-day Exponential Moving Average (EMA) near $70,050, the 100-day EMA around $69,088, and the 200-day EMA near $72,303, suggesting a firmly supported uptrend.



Source link

Tokenmetrics
Coinbase

Be the first to comment

Leave a Reply

Your email address will not be published.


*