Bitcoin, Ethereum, XRP: Crypto's Big Three Face Weekly Test

The final week of February has begun, and we're taking a look at the performance of three major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and XRP. These tokens hold significant market share and can influence market sentiment and fear/greed indices. Let's dive into their recent performance and potential trends for the upcoming week.

Bitcoin (BTC) has shown a 0.9% decline in the last 24 hours, with its price gradually approaching the interim support level of $94,091. If BTC fails to rise, it could cascade to the $92,000 marker, potentially triggering a major risk-minimizing flushout by investors. The token's performance is closely tied to the STH-SOPR market, which could indicate a price increase if broken or a price drop if not.

Ethereum (ETH) has also experienced a significant slump, with a 4.54% price drop in the last 24 hours. The prices continue to decline, and sources suggest that the coin might test the $2,562 support level within the next few days. This grim outlook for ETH holders could be a result of broader market conditions and investor sentiment.

XRP has seen a steady decline of 4.61% in the last 24 hours, leaving the trading community on edge. There are no reverse signals at the moment, and investors are urged to make a decision as the price of the token might soon test the $2.30 bracket. The lack of positive signals and the potential for further decline could be a cause for concern among XRP investors.