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Ethereum (ETH) Critical Price Level Reached, XRP Catastrophic Retrace, Will It See $0.40? Is Solana (SOL) $150 Run Officially Over?

Author: Content Editor
The summary of the crypto news content is as follows:

- Ethereum is facing a critical price point and has dropped below the crucial 0.4 BTC ratio for the first time in over three years. It lacks strong support levels and may face a further decline. - XRP encountered strong rejection at the $0.59 price level, indicating a continuation of the descending part of a symmetrical triangle pattern. It may retrace and test the lower boundary of the triangle, with potential support at $0.55. - Solana has failed to surpass the 200-day exponential moving average and the $150 resistance zone. The inability to break through these levels suggests a possible slowdown in momentum and a potential end to the recent bullish phase. - For Solana, crucial levels to watch include $125 for support and $145-$150 for resistance. A break below $125 or above $150 could indicate further declines or a potential breakout to the $160-$170 region. - Breaking above the 100 EMA at $139 could regain bullish momentum for Solana.

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