Why Did Ethereum XRP And Solana Face Sudden Selling Today?

Altcoin Price Prediction: Why Major Altcoins Are Down Today

During today’s session the crypto market did not open strong; the tone felt heavy from the start.

Global markets turned cautious, and crypto moved with them. Fresh talk around new US tariffs on European goods brought back trade war concerns, setting the stage for today’s altcoin price prediction.

Ethereum is down around 3.4% in the last 24 hours; buyers stepped back, selling spread across the market.

XRP followed, down nearly 4.55%, trading near $1.96, and Solana saw the sharper move, sliding close to 6.80% as confidence thinned.

The total crypto market cap eased toward $3.13 trillion.

And with altcoins reacting this way, a question naturally comes up.
Is this just another risk-off move, or is the idea of an altcoin season getting pushed further away again?

Trump Tariff Talk Emerges As Major Macro Trigger For Altcoins

One of the most important reasons behind the fall in altcoins today comes from fresh tariff news. 

President Trump said the United States will impose 10% tariffs starting February 1 on countries like Germany, France, Denmark, and the United Kingdom, with a possible rise to 25% by June. 

Source: X@FoxNews

This brought trade tensions back into focus and quickly pushed investors away from risk assets, hitting altcoins harder.

Why Ethereum Is Down Today: What The Chart Shows

Ethereum moved higher on the 4-hour chart in a rising channel earlier but could not stay there for long. Price went into the $3,360–$3,400 area, and that is where selling showed up, not suddenly, but enough to stop the move. 

After that, Ethereum started moving back inside the channel again.

Source: TradingView

Once price lost the mid-zone of the channel and slipped below the EMA, buyers stopped showing demand. Right now, ETH is sitting near $3,195, which feels like a pause more than support.

Below this, the $3,080–$3,040 zone stands out; that area has buyers watching closely. If pressure continues, the next level comes near $2,920.

RSI is also moving lower around 35; it is not oversold yet, but it shows momentum is fading and sellers are slowly taking control.

On the upside, Ethereum needs to get back above $3,280–$3,300 to invalidate this setup. At the moment, the chart is not giving much confidence for the short-term price forecast.

Why XRP Is Down Today As Key Support Breaks

XRP had been stuck in a descending triangle for some time on the 4-hour chart. Highs kept coming lower, while support near $2.05 was holding things together. That level finally slipped, and price did not wait around.

Source: TradingView

The 200 EMA, which had been acting like a floor through the range, also broke. XRP is now sitting below the EMA, and that usually makes buyers cautious. On the downside, $1.81 stands out as the next level. From an altcoin price prediction point of view, any bounce back up is likely to run into pressure near $2.05–$2.10.

Technical Overview: Why Solana Is Down Today

Solana was moving inside an upward channel for a while, holding higher lows and slowly pushing up. That structure worked until it did not. Price slipped below the channel support and then failed to recover.

Source: TradingView

The 50 EMA, which had been acting as short-term support during the move up, also broke. Once Solana moved below it, selling picked up quickly. Right now, the price is hovering near the $134 area, trying to find its footing.

RSI is in the oversold zone, which means the price may try to get some pullback.

If this $134 level does not hold, the next area to watch sits near $129–$123. On the upside, Solana needs to move back above $143–$145 to feel stable again. 

Conclusion: Altcoin Price Prediction Outlook

This altcoin price prediction reflects a market that is clearly under stress. Ethereum, XRP, and Solana are reacting to macro pressure and weak chart structures at the same time. Key supports have slipped, momentum has cooled, and buyers are not stepping in with confidence. Whether this move extends or just slows down will depend on how these levels behave next. Market analysts tracking short-term structure see this as a reaction phase rather than a trend shift.

YMYL Disclaimer: This article is strictly informational in nature and does not constitute an investment recommendation. Investment in cryptocurrencies is extremely volatile. It is always essential to do your own research before making any investment.