The crypto charts have been flashing green lately for both Bitcoin and altcoins 📈🟢. Optimism grew after news about possible ceasefire negotiations between the U.S. and Iran, raising hopes that the conflict might come to an end — and that’s been fueling bullish sentiment across the market 🌍🤝.
A well-known analyst, Gareth Soloway, who brings over two decades of technical analysis experience, recently shared his updated outlook for BTC, ETH, and XRP in a YouTube breakdown 🎥📊.
1) Bitcoin (BTC) 🪙
According to him, Bitcoin still has room to climb in the short term 🚀, although the bigger picture might not be as optimistic.
He explained that the short-term structure looks bullish, with potential to push toward the $80,000 zone 💰. However, the broader macro view suggests a possible bearish phase ahead ⚠️.
For now, BTC needs to stay above the $64K–$67K range to keep momentum alive. If that support holds, bulls stay in control 🐂.
On the flip side, if macro pressure kicks in, Bitcoin could reverse downward, with $50K as a key support level — and in a worst-case scenario, even a drop toward $30K 📉.
2) Ethereum (ETH) ⚡
Ethereum is currently holding a crucial trend line above $2,000, which is acting as a key support level 🔑.
As long as ETH stays above this zone, the analyst sees potential moves toward $2,400 and possibly $2,600–$2,700 📊.
He also pointed out that important trend lines are expected to converge in early May, making the coming weeks especially decisive ⏳.
However, if ETH loses the $2,000 level, it could trigger a sharper decline 😬.
3) XRP 💧
For XRP, the short-term outlook looks positive, with a bullish flag pattern forming 🏁📈.
If the price holds around $1.40, it could climb toward $1.50–$1.55. Breaking above that resistance could open the door to $1.70–$1.80 🚀.
But caution is still needed: if XRP drops below $1.12 and closes under that level, it may lose strength and fall below $1 📉⚠️.
