The post Crypto Crash Alert: How Low Could Bitcoin, Ethereum, and XRP Go? appeared first on Coinpedia Fintech News
The crypto market is under strong selling pressure, and prices continue to fall. Bitcoin is now testing an important support level, while new data from liquidation heat maps shows fresh downside targets. At the same time, Ethereum is close to flashing a short-term signal, and XRP looks weak on higher time frames.
Stock Market Weakness Adds Pressure
The US stock market has reopened after the weekend and is showing signs of short-term weakness and distribution. Since crypto and stocks are closely linked, this weakness in stocks is also dragging crypto prices lower in the short term.
Bitcoin (BTC)
Bitcoin remains in a broader bearish trend. Indicators still point to a longer correction that could last months, even if short-term bounces happen.
- Bitcoin recently faced strong resistance between $92,000 and $94,000, an area where price continues to get rejected.
- BTC is now testing a support zone around $85,000 to $86,000.
- If Bitcoin closes below $85,000, the next support is near $80,000–$81,000.
- A deeper breakdown could send BTC toward $74,000–$76,000, and some technical patterns even point to $77,000–$78,000 as a near-term bearish target.
Ethereum (ETH)
Ethereum is being pulled lower by Bitcoin’s weakness.
- ETH has fallen below the $3,000–$3,100 support zone, which now risks turning into resistance.
- If the daily price confirms below $3,000, the next support sits around $2,750–$2,800.
- Below that, stronger support is expected near $2,600–$2,650.
- On shorter time frames, ETH’s RSI is entering oversold territory, which could trigger a brief bounce, but this would not necessarily mean the downtrend is over.
XRP
XRP looks the weakest of the three on longer time frames.
- Price is testing a final major support zone around $1.80–$2.00.
- If XRP closes below $1.80 on the weekly chart, a larger multi-month decline comes into play.
- The next support levels are around $1.60, then $1.30–$1.40.
- If selling continues, XRP could eventually drop toward $0.90–$1.00 in the coming months.
