The crypto money market, especially XRP, Ada, Sol and Eth, upset its investors by experiencing a harsh decline. In particular, these subcoins have experienced great value in the last 24 hours. While the liquidation of $ 2 billion takes place in the market, investors discuss whether these harsh sales have an opportunity to purchase.
Ethereum Technical Analysis: Are critical supports broken?
With the last decline, Ethereum lost support levels between $ 2,500 – $ 3,000. This increased concerns that Ethereum had entered the fall trend.
While Ethereum is expected to face strong resistance at $ 330 – $ 3.560, there may be more decrease if the price remains below these regions. The fact that the daily closing occurs below $ 2,500 may mean the approval of the decline trend.
Solana Price Estimation: Is the decline deepening?
Solana (left) follows a similar downward trend with Bitcoin and Ethereum. Losing the support zone of 220-225 dollars, the left, hanging below $ 200 to 190 dollars fell.
For the time being, the $ 177-180 region stands out as the closest support. On the other hand, the previous support level, $ 220-225, has become a point of resistance. Solana is expected to maintain a decline tendency in the short term.
XRP Price Estimation: Will the decline continue?
XRP continues to move in a bear trend, just like Bitcoin and Ethereum. Breaking the support zone of $ 2,60-2,70 indicates that the price may fall further.
For now, the next target of the XRP may be a $ 2,33-2.26 range. However, a short -term reaction rise may be seen as the 4 -hour RSI indicator approaches the over -selling zone. Nevertheless, it remains unclear whether this recovery will turn into a long -term rise trend.
Cardano (Ada) Price View: Has Critical Support Exceeded?
Cardano (Island) has been difficult to exceed $ 1 for a long time. With the current decrease, significant support levels between the $ 0.72-0.73 range were broken.
If the island cannot hold above these levels, it is estimated that the price may drop up to 0.60 dollars and may experience a total loss of value of 25 %. Investors closely follow whether the island will react from these levels.
Expectations for XRP, Island, Sol and ETH: Is the opportunity to purchase, a further decline?
The large -scale wave in the crypto market creates panic for many investors, while some analysts see these decreases as a potential purchase opportunity. However, there is no clear signal as to whether prices will recover.
Whether Bitcoin can maintain $ 90,000 will be decisive in terms of the direction of the Altcoin market. If the decline tendency persists, lower levels can be tested in XRP, island, left and ETH.
