Crypto Price Analysis October-25: ETH, XRP, SOL, DOGE, and BNB

Crypto Price Overview

This week, we delve into the performance of Ethereum, Ripple, Solana, Dogecoin, and Binance Coin.

Ethereum (ETH)

ETH witnessed a 6% price decline, closing the week in the red. Buyers failed to breach the $2,800 mark, leading to dominance by sellers. The bearish momentum may drive prices towards the $2,400 support level, where previous price reversals have occurred.

Ripple (XRP)

XRP fell below 54 cents, resulting in a 5% weekly loss. Lack of buying pressure may push prices towards the next support at 48 cents. The 54-cent resistance level remains intact. Volume decline since March 2024 has hindered breakout attempts.

Solana (SOL)

SOL had a stellar week, closing with an 11% price surge. It broke above $164, establishing an uptrend with bullish momentum. Increased volume suggests the trend may continue. The $200 level, not revisited since March 2024, is a crucial target.

Dogecoin (DOGE)

DOGE closed with a 2% gain despite a recent pullback. The 14-cent support has been contested, and its maintenance will sustain the bullish momentum. Resistance levels at 18 cents and 20 cents lie ahead. DOGE's trend reversal since April has positioned it for further gains.

Binance Coin (BNB)

BNB remains range-bound, with a 2% weekly loss. The $600 resistance level has prevented an uptrend resumption. Without clear momentum, buyers have failed to create new highs since June. If the price breaks above $600 and holds, BNB may resume its ascent.