XRP, Cardano, BNB Analysis: DeepSeek Buzz Triggers Altcoin Breakdown Risks

BNB’s RSI dropped to 34 on the daily timeframe, nearing oversold territory but leaving room for further downside. The 200-day EMA at $622 could provide short-term relief, but a failure to hold this level might expose BNB to a deeper correction toward $608.6, its 0.5 Fibonacci retracement level.

BNB’s bearish bias remains strong as long as it stays below its 50-day EMA ($686.4), now acting as resistance.

XRP Breakdown Points to ADA, BNB Weakness

XRP’s invalidation of its bullish breakout setup serves as a harbinger for further selloffs in ADA and BNB.

The three tokens are exhibiting bearish technical patterns, reinforced by weakening RSI levels and breakdowns below key EMAs and Fibonacci support levels. With macroeconomic pressures weighing on the broader market, traders and investors should monitor critical support zones closely.

If XRP fails to find support at its 200-period EMA, it could trigger deeper losses across other altcoins like ADA and BNB, particularly if Bitcoin continues its downward trend.

Conversely, a relief rally in oversold conditions could offer temporary reprieve but is unlikely to shift the prevailing bearish sentiment.