Cryptocurrency
Ethereum Price Analysis: Is ETH on the Verge of a Deeper Correction Toward $2.7K?

Ethereum’s price has been dropping recently, following a second rejection from the $4,000 resistance level, and it has yet to recover.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been making lower highs and lows since failing to break the $4,000 level to the upside a while ago. The market has also broken below the 200-day moving average, around the $3,100 mark.
The price is currently retesting the 200-day moving average but is seemingly getting rejected to the downside. As things currently stand, the cryptocurrency seems likely to drop toward the $2,700 support level in the short term.
The 4-Hour Chart
The 4-hour chart demonstrates a zoomed-in view of the recent price action. As evident, the downtrend has recently been aggravated to the downside, with the market briefly breaking below the $3,000 support level.
Yet, following an oversold signal by the RSI, the price has recovered above the mentioned support zone. However, the price seemingly lacks the momentum to continue higher and might be on the verge of a deeper decline toward the $2,700 area.
On-Chain Analysis
By TradingRage
Ethereum Exchange Reserve
During the Ethereum downtrend in the last few weeks, many analysts have been looking for signs of capitulation that point to a potential bottom. Some signals are becoming evident.
This chart displays the Ethereum Exchange Reserve metric, which measures the amount of ETH held in exchange wallets. An increase shows potential selling pressure, while a decline indicates a decrease in supply.
Following the recent brief decline below the $3,000 level, the exchange reserve metric has experienced an increase above its 30-day moving average. This might indicate the beginning of the capitulation phase, as many investors’ stop losses were below the $3,000 level.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
Why Is Ripple’s (XRP) Price Stuck? ChatGPT Weighs In

TL;DR
- Bitcoin charted a new all-time high, and even Ethereum managed to post some impressive gains in the past month. However, Ripple’s cross-border token has failed to recapture any of its previous momentum.
- Here’s what ChatGPT thinks about the current situation and what might be the cause of it. Also, will there be a breakout soon?
Current Price Landscape
Numerous prominent crypto analysts have outlined in the past several weeks how important the support levels of $2.3 and $2 are for XRP’s future price movements. The former, though, has already been broken to the downside and many of them believe the asset is primed for another retracement toward the latter.
Recall that the last time XRP slumped beneath $2 was in early April as the financial world braced for the impact of Trump’s growing and constant tariffs against essentially every country.
Although the economic situation improved dramatically in the following two months and many cryptocurrencies, such as the aforementioned new BTC peak and ETH’s revival, marked impressive gains, XRP remained on the sidelines to some extent and was quickly stopped during its surge toward $2.6. It was (and still remains) confined in a descending pattern that has seen another 6.5% decline on a weekly scale.
Why So?
ChatGPT first listed the broader market conditions as one of the reasons behind XRP’s stagnation, but that sounds accurate only if we take into account the past week, in which many digital assets have turned red. However, XRP has been outperformed by ETH, BTC, and many, many alts, such as HYPE, on a monthly scale as well.
The AI solution noted that investor sentiment and behavior have changed lately toward XRP, as the post-US election hype has evaporated. Now, even though Ripple essentially won its legal fight against the SEC, investors are “opting to sell during minor price increases rather than holding for long-term gains.”
ChatGPT mentioned XRP’s tokenomics, in which a billion new coins are released monthly. According to its answer, this continues to add selling pressure for XRP and may hinder its progress.
“This consistent increase in available tokens can suppress price growth, especially if demand doesn’t keep pace.”
On the question of what could help XRP break out of its consolidation, the AI chatbot said it might take a significant change in investor behavior, such as whales going on a massive accumulation spree similar to the one at the end of 2024, as well as an overall improvement in the market. Additionally, big partnership or acquisitions can aso fuel a new rally.
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Cryptocurrency
These Metrics Are Overheating While Bitcoin Remains Bullish: CryptoQuant
Bitcoin (BTC) is well within a bull market, but certain metrics suggest that the cryptocurrency may have reached a short-term top. This means that BTC may experience a significant price correction before another rally ensues.
A report from the market analytics platform CryptoQuant revealed that the metrics that appear to be overheating are those pertaining to Bitcoin’s demand growth. Regardless, Bitcoin’s overall conditions remain bullish, and the CryptoQuant’s Bull Score Index is at 80. Historical data shows BTC has continued to rally, provided the index remains above 50.
Demand Metrics Are Overheating
CryptoQuant analysts report that BTC balances held by whales have increased by 2.8% over the past month. They also estimate Bitcoin’s demand growth to be at 229,000 BTC within the same time frame. This figure is close to the demand growth recorded in December 2024 at 279,000 BTC when the cryptocurrency surged past $100,000 for the first time.
Such paces often precede a slowdown in whale accumulation, and as analysts always say, BTC needs strong demand to sustain a rally.
Additionally, the Bitcoin Traders’ Unrealized Profit Margin has approached a level that often indicates potential resistance for prices. According to historical data, bitcoin’s price surge tends to slow down whenever the metric nears 40% or crosses below its 30-day moving average, which is currently at 19%.
At the time BTC rallied past $111,000 last week, the margin hit 32%. This means it got close to 40%, which is the level marked for overheating.
Bitcoin Falls Below $104K
Analysts believe $120,000 could be the next major resistance level for BTC if it continues to rally. This is because $120,000 is the upper band of the Traders’ On-chain Realized price – here, the unrealized profit margin sits at 40%. Historical data indicate that this upper band has consistently served as a key resistance during bull markets.
While BTC still faces the possibility of a continued rally, the asset had fallen below $104,000 at the time of writing. Data from CoinMarketCap showed BTC was down 2% in 24 hours, tumbling from the $105,000 level.
Meanwhile, analysts have revealed that BTC investors have been realizing some profits following the recent price surge, but at moderate levels compared to past markets. Hence, there is no evidence to suggest that the bull cycle is ending; in fact, market conditions indicate continued strength in bitcoin’s upward trajectory.
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Cryptocurrency
Ripple Price Analysis: Bearish Signs Flash as XRP Prepares for Further Downtrend

Ripple faced a sharp rejection at the upper boundary of its descending wedge, triggering a significant decline. Adding to the bearish outlook, the asset has slipped beneath both the 100-day and 200-day moving averages, an important technical breakdown that raises the probability of an extended correction.
XRP Analysis
The Daily Chart
XRP’s recent attempt to break out of its long-standing consolidation range has been met with notable selling pressure. After testing the upper boundary of its descending wedge formation near $2.5, the asset was firmly rejected and has since declined sharply, breaking below both the 100-day and 200-day moving averages, previously acting as dynamic support around the $2.2 level.
This bearish development is further intensified by the emergence of a death cross, where the 100-day MA has crossed below the 200-day MA, often seen as a signal of mid-to-long-term bearish sentiment.
With momentum now favoring the bears, the focus shifts to the next significant support zones: the psychological $2 level and the wedge’s lower boundary around $1.5. These lines are likely to be critical battlegrounds for bulls attempting to halt the downtrend.
The 4-Hour Chart
Zooming into the 4-hour timeframe, XRP had been confined within a short-term ascending wedge, typically a bearish pattern. The price has since breached the wedge’s lower trendline near $2.3, confirming a breakdown and reinforcing the bearish narrative.
Currently, Ripple is testing a key support level at the $2.1 region. A decisive drop below this level could accelerate the downtrend, opening the door for a fall toward the $1.5 support area. On the flip side, if buyers manage to defend this level, a temporary consolidation phase between $2 and $2.3 could follow, though momentum still leans bearish unless a strong reversal develops.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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