The post Ethereum & Ripple Drop Amid Liquidation, But This Coin Holds Strong in Profits   appeared on BitcoinEthereumNews.com.

While the crypto market is volatile, Ethereum (ETH) and Ripple (XRP) are under liquidation pressure. Their prices have decreased over the weekend due to high selling pressure. However, there is one DeFi gem that is standing out – DTX Exchange (DTX). DTX Exchange has remained unyielding and has been on an upward trend. Its price has increased by 700% in the last few months. As the number of users continues to rise and the market grows, this DeFi project has become a safe haven for investors who want to make good profits in 2025. Ripple (XRP) Drops Below $2 But Bulls React The Ripple Coin has dropped below the $2 region after a huge massive sell off hit the market. The ongoing tariff rift between the US, Canada, and China has affected market sentiment as many fear a downtrend is coming. CoinMarketCap data showed the altcoin price dipped to $1.95 before reclaiming the $2 level. Based on technical analysis, the sentiment surrounding the Ripple crypto is bearish. For instance, the relative strength index has dropped below the 50 mark, signifying the strong presence of bears. Also, the VWMA (10) and Hull Moving Average (9) indicators are in the sell region. They indicate that bears are in charge. Nevertheless, analysts are optimistic about the future of the Ripple token. CW forecasts the value of Ripple (XRP) might pump to $4.26 in the coming weeks. Another analyst called Charting Guy says the value of the altcoin might surge to $8 when the bull run begins. Analyst Forecasts Upsurge For Ethereum (ETH), Price Dumps Below $3k According to Trader Tardigrade Ethereum (ETH) is forming a head and shoulder pattern. According to them, the altcoin is forming a perfect right shoulder which could be complete if it crosses $4k. If this happens, Tardigrade forecasts…

---

Filed under: News - @ February 4, 2025 12:21 pm