Price: $0.24470 -3.8904%
Market Cap: 36.25B 1.1405%
Volume (24h): 2.09B 0%
Dominance: 1.1405%
Price: $0.24470 -3.8904%
Market Cap: 36.25B 1.1405%
Volume (24h): 2.09B 0%
Dominance: 1.1405% 1.1405%
  • Price: $0.24470 -3.8904%
  • Market Cap: 36.25B 1.1405%
  • Volume (24h): 2.09B 0%
  • Dominance: 1.1405% 1.1405%
  • Price: $0.24470 -3.8904%
Home > News > Price analysis 2/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI, XLM

Price analysis 2/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI, XLM

Release: 2025/02/22 03:09 Reading: 238

Original author:Cointelegraph

Original source:https://coinmarketcap.com/community/articles/67b8c7320795e96483723f1a

The failure of bearish traders to sink Bitcoin (BTC) below $93,000 attracted buyers who pushed the price near $99,500 on February 21st. The bulls will try to strengthen their position by pushing the price above the psychologically crucial $100,000 level. If they do that, Bitcoin may move toward its all-time high.
When the price settles within a definite range, traders buy near support levels and sell close to resistance levels. Therefore, buyers may find it challenging to push the price above the all-time high of $109,588.
Significant buying or selling pressure is necessary to push the price out of the range, which usually requires a catalyst. Until that happens, the price may continue fluctuating randomly within the range.

Crypto market data daily view. Source: Coin360

Despite Bitcoin's recent consolidation, inflows into spot Bitcoin exchange-traded funds have remained steady. A post on X by CryptoQuant’s head of research, Julio Moreno, highlighted ETF inflows of $4.3 billion in Q1 2025, compared to $4.8 billion in Q1 2024. However, the analyst added that in Bitcoin terms, the demand has decreased from 100,000 Bitcoin in 2024 to roughly 41,000 Bitcoin in 2025.
Could Bitcoin surpass the psychological $100,000 resistance, triggering a rally in altcoins? Let's analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin rose above the 20-day exponential moving average ($97,700) on February 20th, indicating that the bulls are attempting to seize control.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The $100,000 level could act as a rigid barrier, but it is likely to be overcome. The BTC/USDT pair could surge to $102,500 and thereafter to $106,500. Buyers are expected to face considerable resistance in the $106,500 to $109,588 zone.
Time is running out for the bears. If they want to stall the upmove, they will have to quickly pull the price below $93,388. That could create an opportunity for a retest of the critical $90,000 support. The bulls are expected to defend the $90,000 level with all their might because a break below it will complete a bearish double-top pattern.
Ether price analysis
Buyers pushed Ether (ETH) to the breakdown level of $2,850 on February 21st, but the long wick on the candlestick shows solid selling at higher levels.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

If the price remains below the 20-day EMA ($2,777), the bears will again attempt to sink the ETH/USDT pair below $2,500. If they can achieve this, the pair could plunge to $2,400 and subsequently to $2,300.
On the contrary, if the price rises above $2,850, the pair could reach the downtrend line. Sellers are expected to defend the downtrend line, but if the bulls prevail, the pair could rally toward $3,400.
XRP price analysis
The bulls pushed XRP (XRP) above the 50-day SMA ($2.72) on February 19th, but the bears pulled the price lower on February 20th.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The flattish 20-day EMA ($2.64) and the RSI near the midpoint suggest the XRP/USDT pair could remain within the symmetrical triangle for a period. If the price breaks above the 50-day SMA, the pair could rise to the downtrend line. Conversely, a close below the 20-day EMA could push the pair down to the support line.
The subsequent trending move is likely to begin upon a breakout above or below the triangle. A breakout above the downtrend line could propel the pair to $3.40, while a slide below the support line may sink the pair to $1.90.
BNB price analysis
Buyers are trying to push BNB (BNB) above the 50-day SMA ($668), indicating solid demand at lower levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The short-term advantage will shift in favor of the bulls if they push and hold the price above $686. The BNB/USDT pair could reach $745, which is expected to pose a significant challenge to the bulls.
If the price turns down sharply from the 50-day SMA, it will signal selling on rallies. The bears will attempt to push the price below $650. If they succeed, the pair could dip to $596 and then to $557. This brings the larger $460 to $745 range into consideration.
Solana price analysis
Buyers have pushed Solana (SOL) above the breakdown level of $175, suggesting the beginning of a recovery rally.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($192) is sloping down, and the RSI is in the negative zone, indicating that bears maintain the upper hand. If the price turns down from the current level or the 20-day EMA, it will indicate selling on rallies. The bears will then try to push the SOL/USDT pair to $155.
Contrarily, a breakout and close above the 20-day EMA suggests that the markets have rejected the break below $175. The pair could rise to the 50-day SMA ($210) and later to $220.
Dogecoin price analysis
Dogecoin (DOGE) has been stuck between the 20-day EMA ($0.27) and the support line of the descending channel pattern.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA and the RSI in the negative territory indicate an advantage to sellers. Selling could escalate upon a breakout and close below the support line. There is support at $0.20, but it is likely to be broken. The DOGE/USDT pair could then slide to $0.15.
This negative view will be invalidated in the near term if the price turns up and breaks above the 20-day EMA. The pair could then rise to the 50-day SMA ($0.31), which is expected to act as a strong barrier.
Cardano price analysis
Cardano (ADA) has been witnessing a fierce battle between the bulls and the bears near the 20-day EMA ($0.80).

ADA/USDT daily chart. Source: Cointelegraph/TradingView

If buyers push and maintain the price above the 20-day EMA, the ADA/USDT pair could rise toward the 50-day SMA ($0.90). This suggests the pair could extend its stay within the descending channel pattern for some more time. Buyers will gain control after pushing the price above the resistance line.
On the downside, a break and close below $0.73 could push the pair down to the support line. The bulls are expected to aggressively defend the support line.
Related: Here’s what happened in crypto today
Chainlink price analysis
Chainlink (LINK) has risen to the breakdown level of $19.25, indicating that the bulls are attempting to initiate a recovery.

LINK/USDT daily chart. Source: Cointelegraph/TradingView

The downsloping moving averages and the RSI below 44 suggest that the bears are unlikely to give up easily. If the price turns down sharply from $19.25 and breaks below $17, it will signal that the bears remain in control. The LINK/USDT pair could then fall to $15.40.
If buyers want to prevent the fall, they will have to swiftly push the price back above the $19.25 resistance. If they succeed, it will suggest that the markets have rejected the breakdown. The pair may rally to the 50-day SMA ($21.49).
Sui price analysis
Sui (SUI) rebounded off the $2.86 support on February 18th, indicating that the bulls are attempting to form a strong floor at this level.

SUI/USDT daily chart. Source: Cointelegraph/TradingView

If the price stays above the 20-day EMA ($3.44), the SUI/USDT pair could rise to $3.74. This is a critical resistance to watch out for because a close above $3.74 will complete a

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