📊 Crypto Market Analysis (Bitcoin / ETH / XRP)
Bitcoin (BTC)
$BTC has faced recent volatility: after hitting highs, it’s slipped back below key resistance.
Analysts are watching its 200-day moving average closely — it’s acting as fragile support.
Macro risk remains: cautious messaging from the Fed (e.g., uncertainty around future rate cuts) is weighing on risk assets.
On the upside, a bullish scenario could re-emerge if buyers defend support and re-accelerate, but breakdowns could open way to deeper retracements.
Ethereum (ETH)
$ETH is attempting a recovery, bouncing from support around $3,700–$3,713 per recent technicals.
Key resistance lies near $4,100+. A break above that might trigger another leg upward, but if it fails, there’s risk of revisiting lower supports.
Sentiment is somewhat mixed: momentum indicators (e.g., RSI) suggest room for reversal, but the path isn’t clear yet.
$XRP has been relatively range-bound around the $2.50 level, with Bollinger Bands tightening and RSI near neutral, indicating a lack of strong directional bias.
There’s some optimism over continued institutional interest and possible ETF activity, which could support upward momentum over time.
On the flip side, bearish traders are watching key support zones; if XRP breaks lower, it may test more serious downside
