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As we reach the concluding day of January, BTC has dipped below the $82,000 mark, marking its lowest price point for the month thus far. Altcoins such as XRP and Solana have experienced even steeper declines and now face the possibility of testing lows that haven’t been seen in quite some time.
However, historically, every February that has followed a negative January has been favorable. It has consistently been one of the strongest months for Bitcoin, even outperforming Uptober.
This has fueled speculation that we may be witnessing a Wyckoff phase prior to the next upward movement. If this scenario unfolds, XRP and Solana could offer some of the most promising opportunities in the market, and here’s why.
Bitcoin (BTC)24h7d30d1yAll time
Bitcoin Price Prediction: All Context Indicates BTC Could Approach $74,000
Source: BTCUSD / B4Crypto
Some analysts maintain an optimistic perspective, suggesting that this downturn is a Wyckoff Spring that could lead to higher prices later in February.
This may hold some truth, but considering the current market environment and prevailing uncertainties, Bitcoin has just broken down from a descending wedge that formed after a significant selloff.
Typically, such a pattern signals potential exhaustion of downside movement, but this instance failed to break upwards. The price has lost the lower wedge support near the January low and is now trading below $83,000, confirming this as a bearish break rather than a reversal.
The RSI is around 31, indicating that conditions are becoming oversold. This suggests that selling pressure is elevated, but it does not guarantee a price bounce just yet. The focus is likely to shift lower from this point, with the $80,000 psychological barrier now at risk and the $74,000 support zone becoming visible if momentum persists.
A short-term rebound from this point is expected to encounter resistance in the range of $86,000 to $88,000, which previously served as support but has now turned into supply.
This movement aligns with ongoing risk-averse conditions and consistent ETF outflows, indicating that Bitcoin may require a broader sentiment reset or some macroeconomic relief before a genuine recovery can commence.
XRP Price Prediction: This Does Not Look Encouraging, 12 Month Support is Officially Lost
XRP has now broken down from its descending wedge, unable to maintain the lower boundary that had supported the price for several months.
More critically, the daily close below $1.80 signifies the official loss of its 12-month support, converting what was once robust demand into overhead resistance.
Structurally, this suggests a bearish continuation rather than a foundational base. Lower highs remain evident, and momentum has yet to stabilize. The RSI is around 34, indicating oversold conditions, yet there is no clear bullish divergence at this time, suggesting further downside potential before any significant relief materializes.
If XRP cannot swiftly reclaim and maintain a daily close above $1.80, the next logical level to monitor is around $1.60, where previous demand and liquidity exist. Until that occurs, any upward movement is likely to be merely corrective rather than the commencement of a genuine trend reversal, particularly given the broader market’s continued risk-off stance.
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Solana Price Prediction: Lowest Levels Since 2024, Is $95 Approaching?
Solana is currently appearing as one of the weakest large-cap cryptocurrencies at this moment. The price continues to decline within a clear descending channel and has now fallen below several psychological support levels.
Breaking below the $120 region is significant, as that level had acted as a foundation for months. This breach confirms that we are witnessing a bearish continuation rather than merely sideways consolidation.
Structurally, no changes have occurred yet. Lower highs and lower lows persist, and the rejection near the upper channel around $140 has only reinforced the downtrend.
The RSI is around 35, indicating that downside momentum is stretched, yet there is still no discernible bullish divergence, meaning that pressure may continue until buyers genuinely engage.
The next substantial demand zone lies between $100 to $106, followed by the deeper $95 region. Solana has not encountered these levels since 2024.
Until SOL can reclaim $144 on a daily close and break the descending trendline, any bounce should be viewed as corrective, especially in a market that continues to penalize high beta assets.
Solana (SOL)24h7d30d1yAll time
This scenario resembles late-stage capitulation (extreme fear + leverage flush), a classic setup for sharp reversals if macro conditions stabilize. However, until there is clarity from the Fed or policy shifts, expect at best choppy or corrective bounces.
If You Are Concerned About Bitcoin, Bitcoin Hyper Might Be Your Solution in This Bear Market
As Bitcoin moves towards the low $80,000s and altcoins lose multi-month support, the market is reminded of an enduring issue. Bitcoin continues to dominate in terms of value, but during stressful times, it remains slow, costly to use, and challenging to build upon.
Bitcoin Hyper is strategically addressing that very weakness. It is a Bitcoin-centric Layer 2 solution designed to introduce Solana-level speed and low-cost transactions to the Bitcoin ecosystem, all while preserving Bitcoin’s security.
They do not compete with Bitcoin or pursue altcoin narratives. The project aims to enhance Bitcoin with rapid payments, smart contracts, and even meme coin creation, all anchored to BTC.
Despite the wider risk-off climate, interest in Bitcoin Hyper is steadily increasing. The presale has amassed over $31,000,000 thus far, with $HYPER currently priced at $0.013635 before the next increment. Staking rewards of up to 38% are also being provided, offering early participants exposure to yields that Bitcoin itself does not currently offer.
Bitcoin Hyper has undergone audits by Consult. It is developing a comprehensive ecosystem that includes wallets, bridges, staking, explorers, and on-chain tools. The overarching thesis is straightforward. If this market phase is indeed capitulation, infrastructure that enhances Bitcoin’s usability could become increasingly relevant compared to short-term price movements, once sentiment shifts, of course.
In a market that is flushing leverage and testing conviction, Bitcoin Hyper represents a long-term play worth monitoring.
Visit the Official Bitcoin Hyper Website Here
The post Crypto Price Prediction Today 30 January – XRP, Solana, Bitcoin appeared first on Cryptonews.
