Analysts predict the fall of major cryptocurrencies in the near future

The key cryptocurrencies Bitcoin BTC $101,936.37 Bitcoin 2.35% Market capitalization $2.03 trillion VOL. 24 hours $2.25 billion , Ethereum ETH $2,282.12 Bridged Ether (StarkGate) 3.65% Market capitalization $0.14 billion VOL. 24 hours $1.32 billion and Ripple XRP $2.02 XRP 3.39% Market capitalization $119.33 billion VOL. 24 hours $0.29 billion are showing downward trends, driven by both global market factors and escalating tensions in the Middle East. Last week, Bitcoin (BTC) lost about 5% of its value, Ethereum (ETH) — 13%, and Ripple (XRP) — 7%.

Technical analysis shows that the RSI indicator for Bitcoin has dropped to 38, indicating a bearish trend. The MACD also signals a continued decline. If bitcoin manages to recover, the 50-day EMA ($ 102,942) will become a potential growth target.

Ethereum broke through the support level of $ 2,461 and closed below the 50-day EMA ($ 2,416). At the time of writing, analysts are recording ETH around $ 2,241. In case of a further drop, the next support will be $ 2,000. The RSI for ETH is 34, which is approaching the oversold zone, and the MACD is also showing a bearish signal. With a correction, the price could return to the 50-day EMA at $ 2,416.

Ripple (XRP) fell by 10% after rejecting the 50-day EMA ($ 2.21) and is currently testing support at $ 1.96. If XRP consolidates below this level, the decline could continue to $ 1.77. The RSI (36) and MACD indicators also emphasize the negative trend. Only in the event of a recovery is a return to the average level possible.

Thus, all three major cryptocurrencies are under pressure from bearish sentiment, and in the coming days, key support levels will be crucial for further market movement.