BITCOIN, ETHEREUM, BITCOIN CASH, RIPPLE, STELLAR, LITECOIN, CARDANO, NEO, EOS: PRICE ANALYSIS, FEBRUARY 14 2018

Last updated: June 19, 2025, 18:20 | Written by: Samson Mow

The cryptocurrency markets were reeling on February 14, 2018, struggling to find footing amidst a barrage of negative news and uncertainty.While the long-term potential of blockchain technology and digital assets remained a topic of keen interest, the short-term volatility was proving to be a significant challenge for investors.This analysis dives into the price action of the top cryptocurrencies – Bitcoin, Ethereum, Bitcoin Cash, Ripple (XRP), Stellar, Litecoin, Cardano, NEO, and EOS – examining the key support and resistance levels, market sentiment, and potential future movements. Don t miss the latest trading suggestions. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 12The aim is to provide a snapshot of the market dynamics during this turbulent period and offer insights for those navigating the complexities of the crypto landscape.Understanding the technical indicators and fundamental factors influencing these cryptocurrencies is crucial for making informed decisions in a rapidly evolving environment. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 23Remember, this is for informational purposes only and does not constitute financial advice. News continues to pound the cryptocurrency markets stifling attempts to a recovery. The news of the Binance exchange being hacked and the SEC has requested trading platforms dealing with digitalInvesting in cryptocurrencies involves significant risk, and you should always conduct your own thorough research before making any investment decisions.We'll look at the news cycle too, and how it continued to pound attempts at a recovery.

Overall Cryptocurrency Market Overview

The state of the cryptocurrency market on February 14, 2018, was characterized by widespread bearish sentiment.Several factors contributed to this downturn, including regulatory scrutiny, security concerns, and profit-taking after the significant price appreciation seen in the preceding months.The total market capitalization of the cryptocurrency industry had reached impressive highs just weeks before, but the subsequent correction brought a significant amount of uncertainty into the market.Let’s delve into the specific factors influencing the market at that time.

Factors Influencing the Price Slump

Regulatory Scrutiny: Increased regulatory attention from governments and financial institutions worldwide created apprehension among investors. Bitcoin Cash has retested the March 18 lows of $884.7951, as forecast in our previous analysis. The next support on the downside is a fall to the February 06 lows of $778.2025.The potential for stricter regulations cast a shadow over the future of cryptocurrencies.
Security Concerns: News of exchange hacks and security breaches, such as the rumoured Binance hack, fueled fears about the safety of holding digital assets. Top 9 cryptocurrency prices analyzed. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 26This negatively impacted investor confidence and contributed to the sell-off.
Profit-Taking: After a period of exponential growth, many investors decided to take profits, leading to a significant drop in prices. Explore top cryptocurrencies with Crypto.com, where you can find real-time price, coins market cap, price charts, historical data and currency converter. Bookmark the Price page to get snapshots of the market and track nearly 3,000 coins.This natural correction was exacerbated by the other negative factors mentioned above.
SEC Investigations: The Security and Exchange Commission’s (SEC) requests for trading platforms dealing with digital assets to provide information increased uncertainty, adding further downward pressure.

Bitcoin (BTC) Price Analysis

Bitcoin, as the leading cryptocurrency, often sets the tone for the rest of the market. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 09 The ongoing bear market might not be such a bad thing, as it helps the markets become matureIts price action is closely watched by traders and investors alike. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 19Understanding Bitcoin's key support and resistance levels is crucial for gauging the overall market sentiment.

During February 2018, Bitcoin struggled to maintain its upward momentum. Bitcoin s value increased by more than $1,000 in half an hour Thursday, Apr 12. Let s look at the charts to see what comes next. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, LitecoinIt had previously failed to attract buyers at higher levels, indicating a lack of strong bullish conviction. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Febru Don t miss the latest trading review on top 9 most popular cryptocurrenciesThe price was finding support around the $9,920.02 level, a critical area that, if broken, could lead to further declines.Keeping in mind that Bitcoin has been the leader both on the way up, and on the way down, its performance is critical.

Key Levels to Watch for Bitcoin

Support Levels: Identifying potential support levels is essential for determining where the price might find a bottom.In February 2018, key support levels for Bitcoin were around $9,920.02 and potentially lower, depending on market conditions.
Resistance Levels: Resistance levels indicate where the price might encounter selling pressure.Overcoming these levels would be necessary for Bitcoin to resume its upward trend.

Ethereum (ETH) Price Analysis

Ethereum, the second-largest cryptocurrency by market capitalization, is known for its smart contract capabilities and its role in the decentralized finance (DeFi) ecosystem. Technical analysis on top 9 cryptocurrencies. Cryptocurrency and the Blockchain technology has been attracting a large number of Wall Street executives to the industry.Its price is influenced by factors such as network activity, the development of decentralized applications (dApps), and overall market sentiment.

Like Bitcoin, Ethereum experienced significant price volatility in February 2018. Trading forecast on top 9 cryptocurrencies.The market downturn affected its price, and traders were closely monitoring its key support and resistance levels to assess its potential for recovery.

Factors Affecting Ethereum's Price

Network Activity: The number of transactions and smart contract interactions on the Ethereum network can impact its price. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 21Increased activity can indicate growing adoption and potentially drive demand.
dApp Development: The success of dApps built on the Ethereum platform can influence its value.Successful dApps can attract users and investors, boosting demand for Ethereum.

Bitcoin Cash (BCH) Price Analysis

Bitcoin Cash, a fork of Bitcoin, was created to address scalability issues.Its price is influenced by factors such as transaction fees, block size, and overall market sentiment.

In the period around February 2018, Bitcoin Cash faced its own set of challenges. NEO broke below the symmetrical triangle on February 1 2025. Today (February 2), it fell close to the critical support level of $93.53 which resulted in strong buying by the bulls.Technical analysis suggested it could retest its March 18 lows of $884.7951. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins.The next support on the downside was a potential fall to the February 06 lows of $778.2025.

Key Factors Influencing Bitcoin Cash

Transaction Fees: Lower transaction fees compared to Bitcoin can make Bitcoin Cash more attractive for certain use cases.
Block Size: A larger block size allows for more transactions to be processed per block, potentially improving scalability.

Ripple (XRP) Price Analysis

Ripple (XRP) is designed for fast and low-cost international payments.Its price is influenced by partnerships with financial institutions and the adoption of its technology by payment providers.

Ripple, also known as XRP, had previously enjoyed success after a value surge at the end of 2017, which turned it into the second most valuable cryptocurrency by market capitalization at the time. The total market capitalization of the cryptocurrency industry reached $832 bln on January 07 this year, along with the talks of how it would reach $1 trln in 2025.However, like other cryptocurrencies, it was not immune to the market downturn of February 2018.

Ripple's Unique Position

Ripple's focus on partnerships with traditional financial institutions sets it apart from other cryptocurrencies. Both on the way up and on its way down, Bitcoin has been the leader, whose price action is followed by the altcoins. Bitcoin has failed to attract buyers at higher levels.Its technology aims to improve the efficiency of cross-border payments, which could drive long-term adoption and influence its price.

Stellar (XLM) Price Analysis

Stellar is a decentralized protocol that facilitates cross-border payments and asset issuance.It shares some similarities with Ripple, but it also focuses on serving individuals and smaller businesses.

Stellar, like other altcoins, was impacted by the overall market sentiment in February 2018. Bitcoin price went down yesterday, January 30, resulting in a sharp decline. Currently, it is finding support just below the critical level of $9,920.02. Currently, it is finding support justUnderstanding its technical indicators and potential use cases is crucial for assessing its future prospects.

Stellar's Focus on Accessibility

Stellar's focus on providing access to financial services for underserved populations could drive its long-term growth. Bitcoin has had rallies in the second quarters of both 20. Are we in for another one? Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 11Its technology aims to make cross-border payments more affordable and accessible.

Litecoin (LTC) Price Analysis

Litecoin, often referred to as the ""silver to Bitcoin's gold,"" is a peer-to-peer cryptocurrency that aims to provide faster transaction confirmations. English. Advertise ; About ; NewsIts price is influenced by its adoption as a payment method and overall market sentiment.

Litecoin's price action in February 2018 reflected the overall market trend.Traders and investors were monitoring its key support and resistance levels to assess its potential for recovery.

Litecoin's Focus on Speed and Efficiency

Litecoin's faster transaction confirmations compared to Bitcoin make it a more attractive option for certain use cases, such as point-of-sale transactions.

Cardano (ADA) Price Analysis

Cardano is a blockchain platform that aims to provide a more secure and scalable infrastructure for decentralized applications.Its price is influenced by its technological advancements and overall market sentiment.

Cardano was a relatively new cryptocurrency at the time, but its innovative technology and focus on academic research had generated significant interest.Its price performance in February 2018 was closely watched by investors.

Cardano's Focus on Scalability and Sustainability

Cardano's emphasis on scalability and sustainability sets it apart from other blockchain platforms. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.Its unique architecture and governance model aim to address some of the challenges facing other cryptocurrencies.

NEO Price Analysis

NEO is a blockchain platform that aims to create a ""smart economy"" by digitizing assets and enabling smart contracts.It is often referred to as the ""Chinese Ethereum.""

Around February 2018, NEO broke below the symmetrical triangle on February 1 2018.On February 2, it fell close to the critical support level of $93.53, which resulted in strong buying by the bulls.

NEO's Regulatory Environment

NEO's close ties to China and its regulatory environment make it a unique cryptocurrency. The current situation on the crypto markets is uncertain, with several analysts predicting significant growth towards the end of the year.Its ability to navigate the evolving regulatory landscape in China will be crucial for its long-term success.

EOS Price Analysis

EOS is a blockchain platform that aims to provide a more scalable and user-friendly infrastructure for decentralized applications. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 06Its price is influenced by its technological advancements and overall market sentiment.

EOS was another relatively new cryptocurrency that had generated significant hype in the period leading up to February 2018. Ripple, also known as XRP, is the latest bitcoin rival to enjoy success after a value surge at the end of 2025, turned it into the second most valuable cryptocurrency by market capitalisation.Its price performance was closely monitored by investors.

EOS's Scalability Focus

EOS's focus on scalability is a key differentiating factor. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 19Its architecture aims to support a large number of transactions per second, making it suitable for applications with high transaction volumes.

The Influence of News and Events

The cryptocurrency markets are highly susceptible to news and events.Regulatory announcements, exchange hacks, and technological developments can all have a significant impact on prices.Let's look at how these things affected the market.

Key Events in February 2018

Regulatory Announcements: Any news regarding government regulations can cause significant price fluctuations.
Exchange Hacks: News of exchange hacks or security breaches can erode investor confidence.
Technological Developments: Breakthroughs in blockchain technology or the development of new applications can boost prices.

Long-Term Prospects and Market Maturity

Despite the market downturn in February 2018, many analysts believed that the long-term prospects for cryptocurrencies remained positive.The bear market could be seen as an opportunity for the market to mature and for unsustainable projects to be weeded out.

The Maturing Cryptocurrency Market

An ongoing bear market might not be such a bad thing, as it helps the markets become mature. The latest technical analysis on top 9 cryptocurrencies. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 23It also may allow increased numbers of Wall Street executives to move to the industry.

Increased Institutional Investment: A survey by Thomson Reuters showed that one in five financial institutions were planning to start cryptocurrency trading within the next 12 months.
Growing Adoption: Despite the price volatility, the adoption of cryptocurrencies as a payment method and store of value was continuing to grow.

Predictions and Market Outlook

The current situation on the crypto markets was uncertain, with several analysts predicting significant growth towards the end of the year. Live Coin Prices for All Coins. The Top Cryptocurrency Coins and Tokens Price Live Updates. All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment.This prediction was being made even though Bitcoin had had rallies in the second quarters of both 2016 and 2017. Technical analysis on top 9 cryptocurrencies. A survey by Thomson Reuters shows that one in five financial institutions is planning to start cryptocurrency trading within the next 12 months.The future was uncertain.

Things to Watch For

Regulatory Developments: How governments regulate cryptocurrencies will be a major factor in their long-term success.
Technological Advancements: Continued innovation in blockchain technology is crucial for driving adoption and addressing scalability issues.

Conclusion

The cryptocurrency market on February 14, 2018, was in a state of flux, facing challenges from regulatory uncertainty, security concerns, and profit-taking. Bitcoin, as the market leader, played a crucial role in setting the tone for other cryptocurrencies such as Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, and EOS.While the short-term outlook was uncertain, many believed that the long-term prospects for cryptocurrencies remained positive, driven by increased institutional investment, growing adoption, and continued innovation.Key takeaways include the importance of understanding technical analysis, monitoring news and events, and recognizing the potential for market maturity.Remember that investing in cryptocurrencies involves significant risk, and you should always conduct your own thorough research before making any investment decisions.Don't rely solely on price analysis.Consider the underlying technology, team, and use case before investing in any cryptocurrency.The market continues to evolve, and staying informed is crucial for navigating its complexities.The information provided here is solely for informational purposes and should not be considered financial advice.