Price Analysis
  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

    • 2 minutes read

    How Low Can Bitcoin, Ethereum, and XRP Prices Go?

    Story Highlights
    • Bitcoin price falls to $104,777.84 with strong bearish pressure near $106.4k resistance

    • Ethereum faces a steep 7.83% correction, now eyes downside support near $2,336

    • XRP trades at a critical price range, with $1.96 acting as a key support

    The crypto market today has faced the wrath of geopolitical tensions and monetary policies. The recent Israel-Iran war news has led to the market cap of the business dropping by 2.51% to $3.37 trillion. This fall in numbers was catalyzed by $1.14 billion worth of liquidations. Amidst this downturn, the top-tier cryptos, namely Bitcoin, Ethereum, and XRP prices have taken a substantial hit. In this price analysis, I will walk you through the plausible future of these cryptocurrencies.

    Bitcoin (BTC) Price Analysis: 

    Bitcoin is currently priced at $104,777.84, down 2.79% on the day. With a massive surge in 24-hour volume by 28.85% to $69.67 billion, the rising sell volume signals a panic-induced liquidation.

    The daily chart shared by me highlights that the RSI hovers at 48.85, indicating waning bullish momentum. The price has slipped below the 20-day SMA at $106,454, and a rejection from the middle Bollinger Band confirms the dominance of bears. The support zone at $101,909 is critical. If breached, I believe BTC price could plunge to the psychological mark of $100,000, which also aligns with the lower Bollinger Band.

    Bitcoin Price Analysis

    That being said, the upside potential remains capped near $113,000, unless macro conditions improve significantly. Until then, traders may expect sideways to downward movement with a bearish bias.

    Also read: Bitcoin (BTC) Price Prediction 2025, 2026-2030!

    Ethereum (ETH) Price Analysis: 

    Ethereum price has faced a heavy correction, and is down 7.83% to $2,531.74. As a result, the market cap has shrunk to $305.38 billion. The 30.82% rise in volume at $39.09 billion hints at further short-term capitulation.

    The RSI has dropped to 49.43, nearing neutral but pointing downwards. It is worth noting that the ETHโ€™s candle has decisively broken below the midline of the Bollinger Bands at $2,593, now testing the lower range at $2,404. 

    Ethereum Price Analysis

    I believe the last line of defense stands at $2,336, a key support level from the chart. A daily close below that could open room toward $2,200. Recovery will face resistance at $2,783, the upper Bollinger band. Until bulls regain strength above the 20-day SMA, the downside risk remains a concern.

    Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030 Now!

    Ripple XRP Price Analysis:

    XRP has been under my watch for quite some time now, and it has plunged by 5.08% to trade at $2.12, with its market cap now at $125.26 billion. Itโ€™s battling to hold above $2.09, the daily low, and sees its resistance at around $2.35.

    On the technical side, the RSI sits weak at 41.37, suggesting sellers are in control. The price has broken below the 20-day SMA of $2.22, with the next support at $1.9645, marked on the chart. Breaking this zone may bring further decline toward $1.85.

    XRP Price Analysis

    That being said, for any notable rebound, XRP needs to reclaim the 20-day SMA and push toward $2.3496, but the current structure leans bearish.

    If you are an XRP hodler, you should not miss out on our Ripple XRP Price Prediction 2025, 2026-2030!

    FAQs

    Can Bitcoin fall below $100,000?

    Yes, if the market sentiment deteriorates and the $101,909 support fails, BTC price may revisit the $100k psychological level.

    Q2: Whatโ€™s the downside target for Ethereum if the correction continues?

    If ETH breaks below $2,336, it could slide further toward $2,200, especially if broader market sentiment worsens.

    Q3: Should you buy XRP right now?

    Not yet. With the RSI under 45 and price nearing a key support at $1.96, itโ€™s better to wait for confirmation of reversal before buying.

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