XRP, SOL, and ADA Price Prediction: Analysis of the Three Major Popular Crypto Assets on August 5

With Bitcoin reaching an all-time high last month and boosting market sentiment, the altcoin zone has entered a new round of follow. As U.S. regulations gradually clarify and investor confidence rebounds, mainstream assets such as Ripple (XRP), Solana (SOL), and Cardano (ADA) have become the focus of the market this week. This article will delve into the latest price movement and future predictions of these three popular coins.

Ripple (XRP): The leader in cross-border payments, strong bottom formation expected to reach new highs again

XRP has recently performed remarkably, reaching a historic high of $3.65 on July 18. Although it subsequently fell to $3.08, it rebounded by 3% in the past 24 hours, indicating a return of bullish strength. XRP continues to attract institutional funds due to its high speed, low fees, and advantages in global remittances. A U.S. court has clearly stated that the retail sale of XRP does not constitute a security, alleviating regulatory concerns and further boosting investor confidence.

From a technical perspective, the RSI is at 54 and continues to rise, indicating strong buying pressure. If it can break through the $3 resistance, it is expected to challenge a new high of $4. Over the past year, XRP has increased by over 561%, far surpassing Bitcoin's performance during the same period.

Solana (SOL): Ecological expansion drives recovery, supported by ETF concept

Solana is known for its high speed and low cost, with a market capitalization exceeding $92 billion and a DeFi TVL of over $9.78 billion. Recently, the market expects SOL to become the next beneficiary of a spot ETF, attracting institutional funds. Trump has proposed including SOL in the U.S. crypto reserves, further boosting market enthusiasm.

SOL rebounded to $171 after hitting a low of $100 in April, rising 16.1% in the past 30 days, with a significant increase of 5.1% yesterday. The RSI fell from an overbought level of 82 to 49 and has started to rise, indicating a warming market sentiment. Key support is at $150, with resistance levels at $200 and $250, and it is expected to challenge $300 by the end of the year.

Cardano (ADA): Leading eco-friendly public chain, institutional funds are flowing back

Cardano has risen 31% in the last 30 days, benefiting from strong technicals and renewed interest from institutional funds. ADA is known for its proof of stake (PoS) and peer-reviewed development, with a market capitalization exceeding $27.3 billion. Trump has listed ADA as a potential target for the U.S. crypto reserve, raising market expectations.

Currently, ADA is priced at 0.7554 USD, having risen by 2.2% over the past day. The technical chart shows a bullish flag pattern, with the RSI dropping from 85 to 51 and starting to recover. Short-term resistance is at 1.15 USD, while strong support is in the 0.85-0.90 USD range. It is expected to challenge 1.50 USD in the fall and possibly even rise to the historical high of 3.09 USD by the end of the year.

Conclusion

XRP, SOL, and ADA have become the most noteworthy cryptocurrencies on August 5th due to their fundamental advantages and strong technical performance. As market regulations become clearer and capital flows back, these three major coins are expected to lead a new wave of explosive growth. Investors should closely monitor key support and resistance levels to seize the next trading opportunity.