- The price of Solana fell by 1.98 percent to $93.34.
- Right now, $1 is a significant resistance level, while $0.75 is a crucial support level.
Global cryptocurrency markets were red as tensions between Russia and Ukraine escalated. Bitcoin and Ethereum prices plummeted. The cost of Bitcoin, the world’s most valuable cryptocurrency, fell by 0.53 percent to $41,971.02. The value of ETH was down 1.77 percent to $2,863.29 at press time.
On the other hand, the price of Solana fell by 1.98 percent to $93.34, while the price of XRP fell by 3.25 percent to $0.792912. According to a well-known crypto strategist, XRP and HBAR, decentralized finance (DeFi) cryptocurrency will rise, while Bitcoin (BTC) will likely take a break.
XRP is expected to return to $1.00 shortly, according to Credible, a pseudonymous analyst on Twitter with 308,400 followers. There is a possibility that XRP might dip a few cents from here and then rise, according to the expert. More than 20 percent would be gained if XRP reached Credible’s $1.00 target. Right now, $1 is a significant resistance level, while $0.75 is a crucial support level.
XRP/USDT: Source: TradingView
According to CoinMarketCap, the XRP price today is $0.785849 USD with a 24-hour trading volume of $2,680,941,811 USD. XRP is down 5.36% in the last 24 hours.
Hedera Hashgraph (HBAR)
One of the most popular cryptocurrencies is Hedera Hashgraph (HBAR), a public network for peer-to-peer payments. According to Credible, a drop in the HBAR Price cryptocurrency can rebound off the $0.22 support level. In order to confirm a bottom, traders must reclaim this region. Before trying to reclaim the weekly supply, the HABR token should remain in the $0.22-$0.23 range.
HBAR/USDT: Source: TradingView
According to CoinMarketCap, the Hedera price today is $0.223070 USD with a 24-hour trading volume of $61,935,619 USD. Hedera has been down 3.65% in the last 24 hours.