Amid Global Economic Turmoil, XRP, ADA, and DOGE Slip Below Crucial Support Levels

XRP, ADA, DOGE Break Down as Global Trade War Fuels Crypto Capitulation

Major altcoins cracked under pressure Monday as fears of a global economic slowdown intensified, with XRP, Cardano (ADA), and Dogecoin (DOGE) tumbling below key technical levels. The broader crypto market continued to reel from macroeconomic shockwaves triggered by escalating trade tensions between the U.S. and its global partners.

Bitcoin slid below $79,000, while the overall crypto market cap shed billions in value. Hedge fund manager Bill Ackman’s stark warning of “economic nuclear war” appears to be rippling through both traditional and digital markets.

XRP Signals Breakdown After Losing $2 Support

XRP dropped to $1.90, shedding 14% in the past 24 hours and decisively breaching its longstanding $2.00 support zone. The breakdown confirms a bearish head-and-shoulders formation on the daily chart, while technical momentum has weakened. RSI hovers at 31, approaching oversold territory, and the 21-day EMA at $2.20 has turned into resistance.

Unless bulls reclaim the $2 handle soon, XRP could drift toward the next support level near $1.70.

ADA Slips Below 50-Day Average as Triangle Collapses

Cardano’s ADA token slid 12% to $0.55, breaking below its 50-day simple moving average for the first time in nearly a month. The failure to hold that level also invalidates a bullish breakout from a descending triangle pattern. Technicals point to further weakness: RSI sits at 38 and MACD momentum is flipping red.

Bears could target the $0.40 region if selling pressure persists.

DOGE Sees Technical Breakdown as Death Cross Forms

Dogecoin wasn’t spared, plunging nearly 15% to trade around $0.16 — falling through its $0.18 support band. A bearish death cross on the 4-hour chart has formed, a strong signal that a downtrend could deepen. RSI is extremely oversold at 28, which may attract dip buyers, but resistance looms at the 20-day EMA around $0.21.

Should the bearish momentum hold, a drop toward $0.14 remains a real possibility.

Outlook: Macro Headwinds Take Center Stage

With markets digesting the full scope of Trump’s sweeping tariffs, risk assets from crypto to equities are under pressure. Altcoins are especially vulnerable, and without a clear macro resolution, further downside in the near term can’t be ruled out.

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