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Cryptocurrency Struggles: XRP, BONK, and ADA Face Declines

2/2/2025

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Story summary
  • Ripple's XRP shows low market activity around $3.2, with a potential drop to $2.5 if it breaks below the ascending wedge.
  • Palantir Technologies (PLTR) reports improved profitability, with fourth-quarter earnings expected to rise 39% to 11 cents per share, despite revenue growth concerns.
  • BONK cryptocurrency struggles at $0.00002200 support, needing a rebound above $0.00002600 for a bullish reversal.
  • Cardano's ADA hovers near $0.8 support, with a potential sell-off to $0.65 if it breaks down.