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XRP and ADA Share a Strong Sell Rating, but Only One Faces a Steep Trend

XRP and ADA Share a Strong Sell Rating, but Only One Faces a Steep Trend

Photo: Crypto Daily

Leveraged crypto traders were forced out of their positions after Binance disclosed a security breach and froze deposits and withdrawals. The exchange said it will cover user losses while its review continues. XRP and Cardano both carry bearish readings after the shock, yet their charts look different. XRP is drifting lower, and Cardano is being pushed. Traders now want to know whether the late short squeeze can lift both tokens, or whether Cardano breaks first. Crypto traders betting on higher prices took a heavy hit after Thursday's security breach at Binance. The exchange estimates $6.3 billion in assets were affected.

Source: Crypto Daily

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