Bitcoin (BTC): Are You Ready for $100,000? Did Ethereum (ETH) Forget About $2,000? XRP Holds Firm at $2.
U.Today: After weeks of hesitation and volatile trading, Bitcoin has been showing indications of stabilization and is currently trading at $84,000. With the official introduction of the long-awaited tariffs, a substantial degree of uncertainty that had caused markets to remain cautious has been removed.
This is a significant step for Bitcoin because it removes a significant amount of risk from the asset. The fear of unexpected regulatory shocks had caused volume and momentum to halt, and Bitcoin was struggling to maintain levels above its 200-day moving average. A fresh bullish trend may be on the horizon, though, as market participants appear to be regaining their confidence now that the risk event has passed
Technically speaking, Bitcoin has recovered from the black 200 EMA, which acted as a reliable dynamic support. There is plenty of opportunity for growth, as indicated by the relative strength index’s (RSI) continued neutrality. More encouragingly, the convergence of short- and mid-term moving averages indicates that Bitcoin is once again approaching a critical resistance zone between $87,000 and $89,000.
A breakout here might swiftly open the path to six digits. Although the volume is still a little subdued compared to the raucous November run, the recent green daily bars indicate accumulation rather than dispersal. If bullish momentum continues and Bitcoin breaks over resistance in the next days, it may retest its all-time highs of $100,000 in a matter of weeks rather than months.
XRP remains active
XRP is proving its durability once more as it steadily holds the crucial $2 price level and eventually settles around the 200 EMA. The price’s recent behavior suggests that the $2 level is serving as a psychological and technical anchor and could provide the foundation for a midterm rebound.
The 200 EMA has been a dependable level of support since the asset’s meteoric surge in the latter half of last year, and XRP has successfully defended it on the daily chart at roughly $1.94. Each bounce from this level has usually been followed by brief bullish impulses, and this time is no different. XRP Holds Firm at $2
One of the next levels to watch on the upswing is the $2.27 region, which is the 50-day EMA and has been resistance in recent weeks. The descending resistance line, which has impeded the asset’s rise since January and is situated at about $2.60, might be the next target if XRP breaks above this level. The end of the present consolidation period and the possibility of a reacceleration toward the $3 level could be indicated by an effective break above that trendline.
Volume analysis shows a mild but persistent rebound, with green daily candles progressively gaining ground. Such low-volatility accumulation often indicates a breakout when the price holds a significant level as persistently as XRP has done with $2. XRP’s price structure is currently creating a falling wedge on a bigger scale, which is a historically bullish pattern that often results in upward breakouts.
XRP Holds Firm at $2 XRP’s localized strength around $2 is an indication of bulls’ confidence, even though macro uncertainty and the general direction of the market are still significant factors. If XRP continues to consolidate above this level and moves toward the $2.27–$2.60 range, a new bullish phase may be on the horizon.
No momentum for Ethereum
Ethereum is displaying indications of weakness once more, as its price is finding it difficult to sustain any upward momentum close to the $2,000 barrier. The entire technical setting suggests that Ethereum (ETH) is still far from making a major return, much less reaching its previous highs of roughly $3,000, even with modest intraday increases.
The current daily chart shows that Ethereum (eth) has been declining since early March, with a descending channel formed by lower highs and lower lows.
The asset is battling the important 26-day EMA (blue line), which is still convergent with regional price peaks, and is trading well below its 50-day EMA at $1,821. This convergence indicates a greater chance of rejection at key resistance levels, further intensifying the negative momentum
Until ETH breaks through this dynamic resistance and reclaims higher territory, like as the $2,200 mark, bulls are unlikely to gain traction. According to volume research, red candles dominated the majority of trading sessions, suggesting fading buyer enthusiasm. The Relative Strength Index (RSI), which is near 38, exhibits gloomy sentiment without reaching oversold levels that can trigger a recovery bounce.
Additionally, the broader market climate for ETH is not conducive. While Bitcoin and other assets have attempted to recover, Ethereum remains silent and performs poorly. Given that macroeconomic concerns like global tariffs and unclear regulatory frameworks pose a danger to the cryptocurrency market, ETH is especially vulnerable.
Ethereum is still well below $2,000, and its downward trajectory suggests that it may continue to do so unless there is a notable shift in volume or investor attitude. With a possible target price of $1,600 or less, ETH may retest the bottom limit of its declining channel if the crucial support level, which is situated near $1,700, is broken. Investors should be cautious and watch for signs of a reversal before contemplating long entries.
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