Trump’s Inauguration Sparks Digital Asset Buzz: $XRP, $ONDO, and $PYTH in the Spotlight

• XRP’s price momentum remains strong above $3.20, signaling potential gains.
• ONDO faces resistance near $1.50 and $1.55, key levels for future movement.
• Pyth Network struggles with resistance at $0.35, testing crucial support at $0.32.

The digital asset market is no longer confined to niche discussions; it has become a key focus for policymakers, business leaders, and government officials. Over the weekend, during Donald Trump’s inauguration in Washington, the atmosphere surrounding blockchain technology and cryptocurrencies felt particularly urgent and optimistic.

The shift from niche to mainstream now shows the growing acceptance for digital assets. And the question now is whether this energy will translate into sustained momentum for cryptocurrencies like $XRP, $ONDO, and $PYTH.

XRP Gains Momentum: Key Support and Resistance Levels

XRP has recently demonstrated strong upward movement, with the price currently sitting at $3.21, reflecting a 0.75% increase over the past day. The price chart reveals some interesting support and resistance levels that could dictate the coin’s next move. 

Support has been observed around $2.90 and $3.05, both of which helped to propel the price higher. Resistance is found in the $3.18 to $3.20 range, which was recently tested and surpassed. If XRP continues to stay above $3.20, further bullish momentum could be on the horizon, with $3.25 emerging as the next major resistance.

Related: Ripple Debunks Trump Rumors as XRP Hits a 7-Year High

ONDO’s Steady Growth Faces Resistance Challenges

Similarly, $ONDO has seen a 7.52% increase, bringing the current price to $1.44. The price chart shows strong support around $1.30 and $1.34, where the price consolidated before climbing higher. 

However, resistance has emerged at $1.50 and $1.55, levels that have previously caused price rejections. A continued bullish trend could see $ONDO testing these resistance levels once again. Conversely, a dip below $1.34 could indicate further downside, possibly revisiting $1.30 support.

PYTH Battles Resistance Amid Support Testing

Pyth Network ($PYTH), on the other hand, is facing some challenges. Despite a 2.98% drop in the past 24 hours, the coin is testing critical support at $0.32. The price has shown some resilience at this level, but a breakdown could push it to $0.30. 

Resistance has been encountered at $0.35, with further pressure at $0.347. If the coin can hold above $0.32, there is potential for another attempt to break the $0.35 resistance, but a move below could signal further selling pressure.

Related: Crypto Gains Under Trump: XRP Leads, 3 Altcoins Next in Line