Crypto price predictions for February 18
According to technical charts, the Bitcoin price is hanging on to softening support in the $68,000 to $65,000 range. If this key support is breached, it could lead to new lows around the $50,000 level.
Ethereum is also showing signs of instability and is trading near the important $2,600 support. If this level is broken, the next target for the bears would be the $2,400-$2,300 range.
Other top cryptocurrencies such as XRP, BNB, SOL, DOGE, BCH, ADA, HYPE and XMR are also under pressure and may test lower values in the near future.
The overall picture in the cryptocurrency market remains negative. Investors should be particularly cautious and use strict risk management, as volatility may increase significantly in the coming days.