Crypto Daily
2025-09-17 16:34:36

Crypto News Today: XRP Retraces from ATHs, ADA Gains Bullish Momentum

The crypto market entered a consolidation phase today, with XRP retreating from its all-time highs while Cardano (ADA) signaled a potential bullish breakout. Technicals suggest that while XRP faces profit-taking near resistance, ADA’s indicators point toward renewed upside momentum. Just as technical setups define trader behavior, narratives define how projects are perceived. That’s why agencies like Outset PR , founded by crypto PR expert Mike Ermolaev, help blockchain businesses stay visible and impactful by crafting stories that align with market cycles and investor sentiment. XRP Retraces from $3.18 Highs XRP failed to sustain momentum above the 23.6% Fibonacci retracement level ($3.07), following its July peak of $3.18. Profit-taking at this level triggered short-term weakness, but the overall technical structure remains intact. RSI (54): Neutral, signaling neither overbought nor oversold conditions. MACD histogram (0.0224): Positive, indicating bullish pressure still lingers. Key Support: $2.94 (50% Fib). A decisive close below this would invalidate the bullish setup. Long-Term Anchor: The 200-day EMA at $2.52 remains distant, reducing fears of a deeper correction. In short, XRP’s retracement appears to be routine profit-taking rather than the beginning of a structural breakdown. As long as $2.94 holds, the bullish narrative remains valid. XRP Price Scenarios Scenario Price Range Key Triggers Outlook Bullish $3.07 → $3.18 Momentum recovery, RSI holds above 50, positive MACD histogram Retest of July high with potential breakout Neutral $2.94 → $3.07 Consolidation at 50% Fib, low volume trading Range-bound movement with limited volatility Bearish $2.52 → $2.94 Close below $2.94 triggers stop-losses, broader market weakness Deeper retracement toward 200-day EMA Beyond Price Action: How Outset PR Shapes Visibility Price charts tell one side of the story, but in crypto, narratives move markets too. That’s where Outset PR makes the difference. Operating like a hands-on workshop, Outset PR builds every campaign with market fit in mind—powered by daily analytics and tailored strategy. Instead of offering random placements, Outset PR: Selects media outlets based on discoverability, domain authority, conversion rates, and viral potential. Crafts pitches tailored to each platform’s voice and audience. Times publications to let stories unfold organically and build trust. This data-led, boutique approach has delivered measurable results for clients such as Step App that boosted U.S. and U.K. engagement or StealthEX that secured 26+ media features, reaching an estimated 3 billion audience. By fusing analytics, editorial storytelling, and performance-driven reach, Outset PR ensures projects achieve visibility that translates into business impact. For crypto, blockchain, and AI enterprises, this is what PR should feel like—transparent, collaborative, and verifiable. Let Outset PR Tell Your Story With Verifiable Impact ADA Breaks Out Above Key Levels Cardano (ADA) is showing a stronger technical setup. After weeks of sideways trading, ADA broke above its 30-day SMA ($0.862) and the 38.2% Fibonacci retracement level ($0.897). MACD histogram (+0.0026): Turned positive for the first time since August 28, signaling renewed momentum. RSI (53.33): Neutral, avoiding overbought levels and leaving room for further upside. Historical Pattern: ADA has historically rallied 8–12% following similar MACD crossovers (most recently in July 2025). Confirmation Level: Sustained closes above $0.875 (Sept 16 high) would validate bullish continuation. The setup suggests that short-term traders are entering new positions, betting on ADA’s momentum to carry it higher. ADA Price Scenarios Scenario Price Range Key Triggers Outlook Bullish $0.90 → $0.95 Sustained close above $0.875, MACD momentum builds Continuation rally with 8–12% upside Neutral $0.86 → $0.88 Price holds above 30-day SMA but struggles to clear Sept 16 high Sideways accumulation before next move Bearish $0.82 → $0.86 Rejection at $0.875, RSI dips toward 45 Short-term pullback erasing breakout gains Conclusion Today’s crypto market action reflects rotation rather than broad weakness. XRP is consolidating after testing resistance, while ADA is building momentum with fresh technical breakouts. For projects in the blockchain space, the lesson is clear: just as traders watch key levels, businesses must manage visibility with precision and timing. With Outset PR’s data-driven, insight-backed approach, crypto projects can tell their stories with impact—ensuring they stay relevant through both retracements and rallies. You can find more information about Outset PR here: Website: outsetpr.io Telegram: t.me/outsetpr X: x.com/OutsetPR Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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