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BNB
$672
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SOL
$248
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LINK
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BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
News

XRP, ADA, SOL, and ETH Tank Double Digits: Is This The Golden Opportunity?

Anjali Belgaumkar3 Feb 20252 min read

The cryptocurrency market has currently drifted into the severe red zone and There’s been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.

Ethereum Price Analysis:

Ethereum’s price has dropped below key support zones, including the $2500-$3,000 range. This has triggered concerns over a potential bearish trend as lower highs and lows continue to form. While a daily candle close beneath these levels is still needed to confirm a bearish trend, Ethereum’s outlook remains cautious with resistance at higher levels around $3,430 to $3,560.

Solana Price Prediction:

Solana has been following the same downward trend as Bitcoin and Ethereum. It recently broke below an important support level around $220–$225. Furthermore, breaking below $220 has led to a drop to $200–$190. The next support could be around $177–$180. Now, the old support zone between $220–$225 will likely act as resistance. Overall, the price is still in a bearish trend, and things aren’t looking great for Solana in the short term.

XRP Price Prediction:

XRP is also showing a bearish trend, similar to Bitcoin and Ethereum. It has broken below the support around $2.60–$2.70, where the price bounced before. If it closes below this level, it could see XRP fall to around $2.33–$2.26 next.

The RSI on the 4-hour chart is getting close to oversold territory, which could signal that the price might be ready for a short-term bounce. But, it’s not guaranteed. This just means XRP could see some relief soon before it potentially continues to fall later on.

ADA Price Prediction:

Cardano’s price is facing strong resistance above the $1 level. It has been struggling to break through this level for months. The price has now dropped below key support around $0.72 to $0.73. If the price falls further, it might drop to $0.60, with a potential 25% decrease.

#Altcoins#Crypto news#Ethereum#Price Analysis#Ripple (XRP)
Anjali Belgaumkar
Anjali Belgaumkar

Author

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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XRP, ADA, SOL, and ETH Tank Double Digits: Is This The Golden Opportunity? | Coinpedia