Crypto Market Update – XRP, ETH, BTC
XRP is approaching the $2 level, which is considered an important psychological threshold. The price is trading below this level after a period of downward pressure. If XRP manages to close above $2 for several consecutive sessions, the recent downtrend would be invalidated, and the $2.15–$2.30 zone could become the next target. Conversely, failure to reclaim $2 would keep XRP trading in a narrow range, with the risk of a pullback toward $1.80–$1.85. The RSI is currently neutral, and selling pressure is weaker than before, suggesting the market has cooled but a new trend has yet to emerge.
Ethereum is showing signs of a technical recovery. ETH has started to form higher lows after rebounding from support around $2,800, and selling pressure following each upward move has eased. If price breaks above the resistance near the 50-day EMA and holds above it, ETH could move toward the $3,300–$3,450 range. Otherwise, sideways trading around current levels is likely to continue.
Bitcoin is currently facing pressure around key moving averages. Breaking above and holding the EMA 26 and EMA 50 is a necessary condition for BTC to target the $94,000–$96,000 area. Failing that, the price is likely to remain range-bound, with the risk of a return to support around $86,000–$87,000 still present. Market momentum points to cautious improvement, but not enough to conclude a strong bullish trend.
Overall, all three major assets are at decision points. XRP needs a clear move above $2 to ease downside pressure. ETH must hold and break above the 50-day EMA to confirm recovery. BTC, if unable to escape its current range, will likely continue to trade cautiously. The general condition remains one of balance, with the market waiting for clearer signals.