XRP, Chainlink and Cardano eyed as Altcoin plays on Fed liquidity shift

Crypto analyst Charting Guy has identified a potential bullish setup for XRP, suggesting that the token is undergoing a Wyckoff reaccumulation phase. Despite a year of trading within a narrow range, XRP is currently priced around $2.23 after an 8-9% weekly gain, indicating a consolidation below its 2025 peak of approximately $3.317. Key Fibonacci levels have been established to support this analysis.

Cardano has submitted a funding request for 70 million ADA from its Treasury, aiming to enhance its core infrastructure. This strategic move is designed to bolster the platform's capabilities, potentially leading to increased adoption in decentralized finance (DeFi) and among institutional investors.

The recent surge in XRP exchange-traded fund (ETF) proposals highlights a growing interest in this cryptocurrency, driven by its potential advantages over other tokens. This increase in filings indicates a shift in market dynamics, as issuers are drawn to XRP's unique attributes while other cryptocurrencies remain sidelined due to regulatory uncertainties and market volatility.

Cardano founder Charles Hoskinson called for unity among the network's core institutions during a Thanksgiving livestream on November 27, emphasizing the importance of 2026 as a pivotal year for the ecosystem. He acknowledged the challenges faced in 2025, including a contentious social fork and a recent soft fork that raised concerns about network stability.

A technical analysis by crypto analyst Tony Severino indicates that Bitcoin is forming a bearish harmonic 'Shark' pattern, predicting a potential price crash to $41,000. This development comes amid a broader market downturn, where Bitcoin has already seen significant declines, including a drop below the 50-week Moving Average for the first time in the current cycle.

XRP, the fourth-largest cryptocurrency, recently faced a flash crash on October 10, dropping to $1.25, and has since seen a decline to $1.82. Despite a brief recovery above $2, experts predict a potential price drop to $1 by 2026 due to ongoing market pressures.

Cardano's recovery is currently dependent on overcoming a significant resistance level at $0.53, as the cryptocurrency faces weak money flows and mixed sentiment regarding its long-term viability. The anticipated launch of Midnight, a new privacy-focused network, adds a layer of hope for investors.

XRP is currently facing significant downside risk, with historical patterns indicating a potential drop to $1.50. The cryptocurrency has recently seen a decline, trading at $1.81, its lowest since April, as market pressures continue to mount. Analysts suggest that XRP is oversold, but a recovery would require breaking above critical resistance levels.