Crypto price analysis from Oct-25: ETH, XRP, SOL, DOGE and BNB

This week, we'll examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in more detail.

Ethereum (ETH)

Ethereum closed the week in the red, and its price fell by 6%. This comes as buyers failed to move above $2,800 on Monday. Since then, sellers have taken the initiative and dominated.

The current downtrend is very slow and could see the price revisit the support at $2,400. This is where buyers have been able to reverse the price action in the past. Until then, the momentum is weak, at least in lower time frames.

Looking ahead, Ethereum seems to be lagging behind other market leaders. Both Bitcoin and Solana, for example, are doing very well this week, especially SOL, which recorded an 11% price increase. This raises the question of why ETH continues to underperform.

Ripple (XRP)

XRP failed to hold above 54 cents, and the price fell, closing the week with a 5% loss. If buyers do not appear soon, this cryptocurrency may move to the next key support level at 48 cents. The previous level of 54 cents is now acting as resistance.

The biggest problem for XRP is the lack of volume, which is declining from its March 2024 area high. Sellers took advantage of this weakness and buyers were quick to take price action whenever XRP broke above 60 cents.

Looking ahead, bias is somewhat weaker after this latest crash. If buyers are able to stop this downtrend at 48 cents, XRP could bounce back sharply to meet resistance at 54 cents.

Solana had an impressive week and closed with an 11% gain. This is in stark contrast to the struggling ETH or XRP. The price also broke above $164, a clear bullish momentum move that could strengthen based on rising volume.

As the price goes up, the attention given to Solana is increasing. The current target and the most important level on the chart is the level at $200, which has not been revisited since March 2024. If the price is able to get back there, that will be considered a sign of strength and suppressed bulls.

Looking ahead, Solana broke a key level above $164. As long as the price does not fall below it, buyers are dominant when looking at the next key target at $200.

Dogecoin (DOGE)

Despite the recent pullback, DOGE closed the week with a 2% price increase. This comes after it managed to move above 14 cents. This level is currently being debated as key support, and if it holds, this meme coin will maintain momentum.

If the 14 cents level holds, the way is open for DOGE to continue higher first to 18 cents and then to key resistance at 20 cents, which could create friction when sellers return there for the last time in March.

Looking ahead, Dogecoin turned bullish after breaking out of its downtrend that started in April. With clear higher lows and higher highs, this meme coin is well positioned to continue higher and challenge key resistance levels ahead.

Binance Coin (BNB)

BNB is still looking for a clear trend as its price action remains largely unchanged from the past few months. The price closed the week with a 2% loss but managed to close to $600, a key resistance level.

Without a clear momentum, Binance Coin shows indecisiveness and has not been able to make new highs since the June ATH. To continue the rally, the price must break above $600 and hold above it. So far, sellers have not allowed to do this.

Looking ahead, the price will still struggle to find its direction. Until a clear trend emerges, don't expect any big moves from this cryptocurrency. However, this provides a good opportunity to collect BNB if you bully later on.

The post Crypto Price Analysis Oct-25: ETH, XRP, SOL, DOGE and BNB appeared first on CryptoPotato.