Predictions for Cryptocurrency Prices on February 3 – XRP, Solana, Pi Coin

As we enter February, BTC has dipped below the $78,000 mark, reaching its lowest price of the year thus far. Altcoins such as XRP, PI Coin, and Solana have experienced even steeper declines and are now nearing levels not seen in some time.

However, it’s worth noting that every February following a negative January has turned out positively up to this point. Historically, this month has been one of the strongest for Bitcoin, even surpassing Uptober.

If this trend continues, XRP, PI Coin, and Solana may present some of the most intriguing opportunities in the market, and here’s the rationale.

Bitcoin (BTC)24h7d30d1yAll time

XRP Price Forecast: Not Promising, A Bounce May Be Distant

The open interest in XRP has dropped to approximately $2.9 billion, its lowest point in over a year as the price continues to decline. This indicates a widespread decrease in trader confidence.

Source: XRPUSD / TradingView

XRP remains entrenched in a steep downtrend, and the recent movement has only exacerbated the situation. The price has retraced to the $1.60 range after failing to rise above resistance around $2.20, maintaining a largely bearish outlook.

With the RSI around 28, XRP is evidently oversold, and a short-term bounce is feasible. Nonetheless, any potential bounce is likely to be a mere relief rally unless the price can surpass the channel and achieve a daily close above $2.20.

If the $1.60 level breaks on a daily close, the chart opens up to a larger decline toward the $1.40 area, where the next significant demand lies. Until on-chain activity increases and the price reclaims lost resistance, any upward movement in XRP appears to be more of a temporary reprieve than the commencement of a genuine recovery.

Solana Price Forecast: Can SOL Maintain The $100 Psychological Support?

<psimilar to the rest of market, solana is still entrenched in a clear downtrend and has now fallen into $100 $105 support zone, which essentially last line defense for current structure.

The RSI is hovering around 30, indicating that SOL is oversold, and a short-term bounce is very likely, especially if buyers come in to defend this area once more.

If such a bounce occurs, it will likely encounter resistance within the $115 to $120 range, right at the lower end of the channel. However, unless SOL can break and sustain above $144, the larger context remains unchanged, and any upward movement should be viewed as corrective.

If this support fails, the chart could lead to a more significant drop towards the mid-$80s, which would represent fresh lows not seen in a long time.

On a broader scale, this aligns with a risk-averse environment where high-beta assets are experiencing the most significant impacts as liquidity tightens and traders adopt a defensive stance.

Until Bitcoin stabilizes and overall market sentiment improves, rallies in Solana are more likely to be fleeting rather than the beginning of a genuine recovery.

PI Coin Price Forecast: Gradual Decline With No Catalyst In Sight

PI has been slowly decreasing for what seems like an eternity, and the chart effectively reflects the ongoing fundamental situation.

The price is trapped within a descending channel on the 4-hour chart following a sharp breakdown, with each bounce being sold and the structure remaining distinctly bearish.

The RSI is around 50, indicating neutral momentum. It isn’t oversold, but it isn’t strong either. This resembles more of a consolidation phase within a downtrend rather than a reversal setup.

If the price can hold the lower support around $0.15, a short-term rally towards the $0.20 area is possible. However, unless PI can break free from the channel and reclaim $0.20, any upward movement should be considered corrective.

If support fails, the next significant level to monitor is around $0.14. PI has been declining for an extended period due to a lack of activity within its ecosystem.

There are no genuine demand drivers, and there is an excess supply compared to actual usage. With more coins consistently entering circulation, there is little incentive for sustained buying. PI could continue to decline, particularly in a market that is already risk-off and saturated with numerous competing tokens.

When Altcoins Decline, Here Is Why Bitcoin Hyper Infrastructure Becomes More Significant

Bitcoin has slipped below $78,000, and altcoins like XRP, PI Coin, and Solana continue their descent. This pattern is familiar. Price movements fade, rallies are sold off, and most narratives struggle to maintain attention in a risk-off market.

Bitcoin Hyper is built from a different perspective. Rather than relying on another altcoin rebound, it focuses on enhancing Bitcoin itself.

The concept is straightforward. Bitcoin continues to dominate in value and liquidity but remains slow, costly, and limited when actual usage is required. Bitcoin Hyper seeks to address these issues.

Designed as a Bitcoin-centric Layer 2, Bitcoin Hyper offers fast, affordable transactions and smart contract capabilities within the Bitcoin ecosystem, while preserving Bitcoin’s security. Payments, dApps, staking, and even meme coin creation are all part of this vision, centered around Bitcoin rather than competing with it.

Momentum for the project is already gathering, despite market weakness. The presale has raised over $31,000,000 to date, with $HYPER priced at $0.013635 ahead of the next increase. Staking rewards of up to 38% are also being offered, providing early participants with yield exposure while the broader market remains cautious.

Bitcoin Hyper has undergone audits by Consult and is developing a comprehensive ecosystem that includes wallets, bridges, staking, explorers, and on-chain tools.

The broader assumption is that when the market eventually transitions from fear to recovery, infrastructure directly tied to Bitcoin could become more crucial than short-term rotations in altcoins.

If February indeed brings another historical rebound, Bitcoin Hyper is positioning itself not merely as another speculative investment but as an endeavor to enhance Bitcoin’s speed and usability.

Visit the Official Bitcoin Hyper Website Here

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