- Bitcoin’s resilience highlights its potential amidst broader market decline.
- XRP’s break above $2.07 could signal further bullish movement toward $2.12.
- ETH’s recovery hinges on breaking the $1,815 resistance for bullish continuation.
The US stock market experienced a major setback today, with $3.1 trillion wiped off its value. However, cryptocurrencies, particularly Bitcoin, continue to show resilience in the face of market turbulence. Bitcoin’s strong performance stands as a testament to its potential, unaffected by the broader financial market’s downturn.
3.1 trillion wiped out from the US stock market today. Bitcoin’s holding strong. 💪🏾
— Scottie Pippen (@ScottiePippen) April 3, 2025
Alongside Bitcoin, other major altcoins such as XRP, Ethereum (ETH), Solana (SOL), Binance Coin (BNB), Cardano (ADA), and Chainlink (LINK) are also showing significant price movements. These digital assets remain free from traditional financial constraints, indicating a shift toward crypto independence.
3.1 trillion wiped out from the US stock market today. Bitcoin’s holding strong. 💪🏾
— Scottie Pippen (@ScottiePippen) April 3, 2025
XRP’s Price Action: Testing Key Levels
XRP has been actively testing the $2.07 mark, which is currently a key resistance level. This level is crucial for determining whether XRP can continue its upward momentum. A break above $2.07, supported by strong volume, could signal a move toward the next resistance zone around $2.10 to $2.12.
The coin has been consolidating above $2.00, signaling bullish momentum after a quick recovery from a recent dip below $2.00. Additionally, strong support zones lie at $1.96-$1.97, where buyers stepped in, defending the price from further declines.
Ethereum (ETH): Recovery and Consolidation
Ethereum’s price has also been showing steady recovery. After dipping below $1,760, ETH rebounded and is now testing resistance around $1,815. A breakout above this level would signal a potential move toward $1,830 or higher.
However, if ETH fails to break the $1,815 resistance, a pullback toward the $1,780-$1,765 support range is likely. The market’s volume is lower, which could hinder the confirmation of any breakout. If ETH can hold above $1,800, a bullish continuation remains on the cards.
BNB: A Struggle at Key Resistance
Binance Coin (BNB) has faced challenges in pushing past its immediate resistance at $600. Despite a slight pullback, BNB remains close to this level, indicating potential for a breakout.
If BNB surpasses $602 with strong volume, further gains toward the $610-$615 range are expected.
On the other hand, failing to break $602 could result in a pullback toward the $590 support zone. This scenario would be a key area to watch for a potential trend reversal or consolidation.
Solana (SOL) and Cardano (ADA): Approaching Key Resistance
Solana (SOL) has experienced slight bearish pressure but remains resilient. Its immediate resistance lies at $118.23, with a potential move toward $120 if the price breaks above. The support levels at $113-$114 and $115-$116 provide a cushion for any pullback.
Similarly, Cardano (ADA) has been on an upward trajectory, recently breaking above $0.648. If ADA maintains its position above this level, it could test the $0.665-$0.670 range. However, a drop below $0.648 could shift momentum to neutral or bearish.
Chainlink (LINK): Bullish Momentum Continues
Chainlink (LINK) is showing mild bullish behavior after breaking the $12.96 resistance. Currently priced at $13.04, LINK is testing the $13.00 level, which, if held, could signal further upside potential.
The next resistance zone lies between $13.20 and $13.25. However, a drop below $12.70 could weaken the current momentum and test support around $12.40.
