#BTCRebound
When BTC breaks out, ETH and XRP may follow
After many rejections last week, bitcoin price burst over its critical barrier mark.
Ethereum's price approaches its crucial $1,700 barrier; a breakthrough signals a rise.
After failing to break $2.23 previous week, XRP stabilizes around $2.11.
After numerous rejections the week before, Bitcoin (BTC) broke over its critical resistance mark. Ethereum and Ripple (XRP) prices are reaching major resistance levels; a breakthrough might suggest a surge.
Bitcoin strengthens over $85,000 resistance.
Bitcoin has repeatedly rejected its 200-day EMA around $85,000 since April 13. BTC finally breached $87,000 resistance on Monday.
The psychological $90,000 barrier might be reached if BTC keeps rising. A closure over this level might continue the surge to $95,000, its March 2 high.
BTC may find support at $85,000 if it falls.
Ethereum may rebound if it closes over $1,700.
The week started with Ethereum price rejected at $1,700, but it rebounded significantly in the second half. As of Monday, it trades around $1,640, near the $1,700 resistance level.
If ETH closes over $1,700, it might revisit its next daily barrier around $1,861.
ETH may extend its losses to retest its daily support level at $1,449.
XRP might reach $3.00 if it breaks $2.23 barrier.
On April 13, XRP was rejected at $2.23 and fell 3.75% last week. As of Monday, it's about $2.11.
If XRP breaks and closes above $2.23, it might climb to $2.50 before $3.00, retesting its March 24 high.
If XRP falls below its 200-day EMA, it might revisit $1.77, its next support level.
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