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Solana, Cardano, and XRP tumble as market turmoil drives major altcoins to critical support levels.
The cryptocurrency market has recently witnessed significant turbulence, resulting in notable price drops for major altcoins like Solana, Cardano, and XRP.
Solana (SOL), previously enjoying strong investor confidence, faced a steep decline of nearly 8% in a single day and more than 19% throughout the week. Currently, SOL prices are precariously positioned around critical support levels at $142, sparking concerns among traders.
Similarly, Cardano (ADA) has not been immune to this market-wide downturn. ADA recorded losses of about 1.1% on a daily basis and approximately 5.5% weekly. Its price currently hovers…
