As the crypto market remains unstable, a sharp downturn triggered $1.1 billion in liquidations over the past 24 hours.

The XRP price faced sharp declines, dropping under the $2.8 resistance level due to intense selling pressure.

The crypto market has seen a sharp downturn in the past 24 hours, triggering $1.1 billion in liquidations and pushing BTC below the $87K level. This downturn has also affected major altcoins, with ETH and other top coins

seeing significant losses amid the ongoing correction. However, XRP has rebounded sharply, while Pi Coin and Kaito have reached ATHS, being among the talked-about coins in the market.

These price movements are fueling speculation about potential trends for altcoins as traders assess recent fluctuations in the crypto sector. As the market awaits the next shift in momentum, the focus remains on Bitcoin's performance and the implications for broader market recovery.

XRP Price Holds Key Support Amid Market Volatility

The XRP price faced intense selling pressure, causing it to drop sharply and pierce through the $2.8 resistance level. Following the cryptocurrency price downturn, the Ripple token briefly touched a $2.15 low.

However, a bounce ensued, lifting XRP to around $2.23. The price remains above the $2.10 support level, indicating resilience. If the market recovers, we could see XRP breaking above the $2.5 level, setting the stage for a potential move toward the $3.0 level.

Pi Coin And KAITO Price Reaches New ATH Amid Market Slump

In a surprising turn of events, Pi Coin has reached a new ATH, showcasing its remarkable strength despite the broader cryptocurrency price market downturn.

The PI price rally has attracted significant attention as it flouts bearish trends in the crypto space.

Meanwhile, KAITO, a newly launched AI-driven altcoin, has seen a 50% surge in the past 24 hours, pushing its price to $2.75.

The trending coin KAITO continues to rise as most cryptocurrencies struggle, making it a standout performer.

KAITO also hit a new ATH today at $2.77. The sudden price increase has drawn interest from traders, positioning KAITO among today’s trending cryptos.

Altcoins rebound strongly.https://t.co/doKSyZRuRG pic.twitter.com/M06NTckI40

— CoinGlass (@coinglass_com) February 27, 2025

What’s Next for Altcoins?

Current market uncertainties from extreme fear levels registered by the Fear & Greed Index are affecting the crypto market. The resistance shown by altcoins might indicate that they will gain strength despite the market showing signs of being fearful.

However, an altseason depends on the BTC price stabilizing at its current levels. If Bitcoin halts its decline, altcoins could gain strength. Nonetheless, further downward movement may delay any major rally in the market.

I prefer the way @coinglass_com displays Fear & Greed index by inverting the colours (fear = green) pic.twitter.com/RXjqIJNe0D

— Jackson Zeng (@im_jacksonzeng) February 27, 2025

To sum up, The XRP price bounce, Pi Coin’s rally, and KAITO’s surge highlight altcoin strength amid market decrease. If the BTC price stabilizes, the cryptocurrency price trends may favor further gains in the coming days.