Top 3 Crypto Outlook: Bitcoin, Ethereum & Ripple Face Ongoing Correction
Bitcoin ($BTC ), Ethereum (ETH), and Ripple (XRP) remain under selling pressure as bearish momentum strengthens across the crypto market. Technical indicators suggest the correction may not be over yet.
Bitcoin (BTC)
BTC was rejected from a long-term downward trendline and has fallen about 7% recently. Price is holding near the key support around $85,569, with a mild bounce toward $87,300. A daily close below $85,569 could open the door to a deeper drop toward $80,000. RSI below 50 and weakening MACD signals point to growing bearish strength. A recovery could target the $94,253 zone.
Ethereum ($ETH )
ETH failed to reclaim the 50-day EMA near $3,249 and has dropped sharply, now trading below $3,000. If weakness continues, the next support lies near $2,749. RSI and MACD both signal bearish momentum. A rebound would need a move back above the 50-day EMA to improve sentiment.
Ripple ($XRP )
xrp slipped below its key support at $1.96 and is currently trading near $1.91. Continued downside could push price toward $1.77. RSI remains weak and MACD stays in bearish territory. A recovery attempt would face resistance again around $1.96.
Overall, momentum indicators across BTC, ETH, and XRP suggest caution, with the market still leaning toward further consolidation or downside unless strong buying returns.