𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐮𝐥𝐥𝐛𝐚𝐜𝐤: 𝐁𝐢𝐭𝐜𝐨𝐢𝐧, 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦, 𝐗𝐑𝐏 𝐆𝐢𝐯𝐞 𝐔𝐩 𝐆𝐚𝐢𝐧𝐬 ⬆️📈

The general sentiment across the cryptocurrency market softened on Thursday, with Bitcoin (BTC) easing back toward the $121,000 price point. This movement essentially neutralized the modest recovery witnessed just a day prior, causing major tokens like Ethereum (ETH) and Ripple (XRP) to lose ground as well.

Ethereum's price adjustment has brought it close to the closely monitored 50-day Exponential Moving Average (EMA) near $4,292, a level that might pique the interest of buyers. However, the slightly declining RSI at 48 suggests prevailing downward pressure. For XRP, technical support is now being closely watched at the $2.70 demand zone and the 200-day EMA at $2.64. This orderly retreat indicates the market is simply experiencing a period of technical consolidation rather than panic.

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