Technical Analysis

Arbitrum's ARB token is trading under sustained downside pressure on the daily chart, with price action drifting toward key support around $0.1077. Technical indicators show oversold conditions and a moderating bearish momentum, suggesting the potential for a short-term bounce if this floor holds, while resistance levels above and order book supply zones still point to a cautious outlook.

XRP extended its decline under $1.4320 and is now below $1.450 and the 100-hour Simple Moving Average. The chart shows resistance near $1.450, $1.4620, and $1.480, with a potential move to $1.50 if $1.480 breaks. Failure to clear $1.480 risks a drop toward $1.4165 and $1.410 support.

Ethereum is trading around the $2,000 mark as the broader crypto market faces uncertainty and sustained selling, with price action still showing a corrective bias. According to a recent CryptoQuant analysis, Ethereum’s Estimated Leverage Ratio on Binance has dropped from about 0.675 to roughly 0.557, its lowest level since last December, indicating reduced speculative risk. While ETH remains below key moving averages and under bearish technical pressure, the $1,900–$2,000 zone is acting as a short-term stabilization area that could shape the next decisive move.

Ethereum rebounded from $1,922 and is stabilizing below $2,000, with price under $1,985 and the 100-hour SMA. A break over $1,980 and then $2,020 could open $2,050, while failure at $2,000 risks retesting $1,935–$1,925 and potentially $1,880. Hourly MACD is fading and RSI hovers near 50.

Ethereum is attempting to stabilize close to the $2,000 zone after a sharp correction from above $2,700, while Bitcoin trades in a tight band between roughly $66,000 and $70,000. XRP has rebounded toward the $1.45–$1.50 area but remains below key moving averages, leaving the token vulnerable to a prolonged low‑volatility range if support fails. Technical signals across all three assets point to fragile recoveries and the potential for extended consolidation phases.

On Monday, market analyst Crypto Patel said on X that Ethereum sits just below $2,000 at a key decision zone, with $1,800 the critical support. He cited two failed bullish patterns that flipped $3,100–$3,500 into resistance. A hold above $1,800 could target $2,650, while a break lower may expose $1,300.

Bitcoin remains range‑bound below $72,000, with $72,000–$74,000 now acting as resistance and the weekly structure tilted bearish, according to analyst Alejandro₿TC. Liquidity data cited by Columbus points to bids at $64,000–$66,000 and interest above $70,000, while the monthly close in 11 days could steer price toward $50,000–$52,000 or higher reclaim levels.

Solana's SOL is hovering near a fragile $78 area after failing to reclaim $89 over the past two weeks and marking a $67.60 low on Feb. 6. Futures positioning has thinned, with open interest down 75% from a $13.5 billion peak and bears paying about 20% annualized to keep shorts open. Onchain, weekly dApp revenue fell to $22.8 million, the lowest since October 2024.

A Bitcoin on-chain gauge tracking short‑term holders has fallen to its deepest oversold level since 2018, a zone historically associated with cycle troughs. Past signals were followed by a roughly 150% one‑year rebound and a 1,900% three‑year advance, while a separate projection sees up to $150 billion entering risk assets by the end of March 2026.

XRP's derivatives positioning has turned bearish as funding rates across major exchanges fell below zero, with a low near -0.0748%. Open interest has slid back to zones linked with multi‑year bases. This backdrop may weigh on price in the near term, though crowded shorts have historically preceded sharp rebounds when momentum shifts.