CandleFocus Crypto Price Analysis February-28: ETH, XRP, ADA, BNB, and SOL
2025-02-28
Author: Content Editor
This week in the cryptocurrency market, Ethereum, Ripple, Cardano, Binance Coin, and Solana have all experienced significant losses. Ethereum fell by 21% and needs to remain above $2,000 to avoid entering a bear market. XRP also suffered losses, with a key support level at $2 that could break and lead to further declines. Cardano saw a 25% drop, losing its key support at $0.64 and potentially falling to $0.45. Binance Coin fell by 12% after losing support at $600, but still shows strength compared to other altcoins. Lastly, Solana experienced a 27% loss and needs to maintain a three-digit price to avoid a significant downturn. The next few days and weeks will be crucial for these cryptocurrencies.
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