Start Of The Week Update: BTC, XRP, & ETH Are In The Red

The final week of February is here, and we are back with another start-of-the-week look at three of the big boys of the crypto world: BTC, ETH and XRP. These tree tokens have been one of the biggest and most prominent tokens of the current time and hold one of the biggest chunks of the market. As a result, these three tokens have the single-handed power to sway the market sentiment or the fear/grid index. Therefore, let us begin the week with a look at how these behemoths might perform in the upcoming week.  

BTC (Press Time Price: $94,710) 

Source: Tradingview

As we have already stated, BTC might see some action if it fails to break the STH-SOPR market of 1.0. It means if BTC breaks the market, the price could go high, if it fails, the price could cascade. At press time, the token has shown a considerable drop of 0.9% in the last 24 hours. At the time of writing, the price of the token is gradually moving towards the interim support level of $94,091. If the token fails to rise, the price might cascade to the $92,000 marker. This could trigger a major risk-minimizing flushout by the investors.  

ETH (Press Time Price: $2,660) 

Source: Tradingview

ETH joined the bandwagon with BTC and has also shown a considerable slump. In the last 24 hours, the price of the token has dropped by 4.54%. Unfortunately, the prices are still going down. If this continues, sources suggest that the coin might test the $2,562 support within the next few days. As a result, things look grim for ETH holders at the moment. 

XRP (Press Time Price: $2.4049) 

Things do not look too different for XRP as well. The token has seen a steady decline of 4.61% in the last 24 hours. This decline has certainly left people wondering. As of writing, there are no reverse signals. Therefore, the XRP trading community is currently on edge. Sources suggest that investors need to take a call since the price of the token might soon test the $2.30 bracket. Therefore, it is now or never.