Waters are not settled in the crypto Altcoin market! Ethereum (ETH) fell below $ 2,000 with a harsh withdrawal on March 28th. This decline caused investors to turn their attention to Ethereum competitors with strong potential. While market pressures are increasing, XRP, Solana (left) and Cardano (island) stand out for those looking for alternatives for ETH.

Hard breakage in Ethereum: 2,000 dollars were critical levels

Ethereum is trading for $ 1,906 during writing and navigating at the lowest levels of the last week. The “Triple Tepe” formation, especially in the weekly graph, points to a possible return of a trend.

The price of ETH was once again rejected from the neck line of this formation. If the decline persists, the next stop of Ethereum may be $ 1,520. The fact that corporate investors stay away from the purchase underlines the weak demand.

Ripple (XRP): ETF hope and powerful technical signals

XRP, which is preparing a serious rally against Ethereum, attracts the attention of investors. The XRP/ETH ratio has reached its highest level since November 2020. This ratio also signaled that the rise could continue by touching the upper Bollinger band.

The termination of the Ripple case increased the interest of corporate investors further. While the number of Spot XRP ETF applications increased rapidly, the probability of approval by the end of the year increased to 85 %, according to Polymarket data. These developments show that XRP has gained strength against ETH.

Solana (left): Is it at the rally door with the support of giants?

Solana Altcoin has performed better than Ethereum in recent months. In particular, the fact that giant investment companies such as Fidelity and Blackrock tend to Solana increases investor confidence. With projects such as BUIDL funds, left began to reach wider audiences.

Technically, it looks strong. He touched the upper band of the falling channel in the daily graph, and the MACD indicator is preparing to cross the positive area. If this transition occurs, a major breakdown and new peaks for the left may be possible.

Cardano (Island): The number of wallets broke a record, is it the price price?

The Cardano network draws attention with increasing adoption worldwide. According to Taptols data, the number of island wallets exceeded 5.25 million. This increase supports the growth potential of the network.

Although Ada Altcoin is currently traded in the consolidation zone, the rise in the AO (Awesome Oscillator) indicator shows that the bulls have gained strength again. If the island breaks this jam, it may rise to the fibonacci resistance in $ 1.54.

As Ethereum falls, eyes are in alternatives

As we mentioned as Kriptokoin.com, Ethereum’s decline below $ 2,000 offered investors different opportunities. In the light of technical and basic indicators, XRP, Solana and Cardano may exhibit strong price movements in the coming weeks. When the market has turned the attention of these three coins, it is useful not to miss opportunities.