Cardano's ascending triangle chart pattern suggests a potential upward breakout, indicating bullish implications and attracting investor attention. The pattern forms when an asset's price creates higher lows and hits the same resistance level multiple times, signaling a battle between buyers and sellers. Despite positive on-chain metrics and bullish chart patterns, Cardano still has a long way to go to reach the scale of larger networks like Ethereum.

XRP's falling wedge formation indicates potential price reversals after a downward trend, with a potential bullish trend confirmed if the upper resistance line is broken.

However, the lack of significant whale backing for Pepe's current bull run could leave the token vulnerable to sharp declines if retail interest wanes.