Analysts Explain: Here Are The Buy-Sell Levels For BTC, ETH, And XRP
The cryptocurrency market had a slow but potential start to May 2025. While the total market value is approaching $ 2.97 trillion, many major coins, especially Bitcoin, are looking for direction. Although the altcoin season has still not achieved the expected momentum, XRP stands out with its remarkable rise.
#Bitcoin is currently trading sideways at $94,999. While the daily change is quite limited, volatility is at its lowest level in 563 days. This shows that the market is entering a consolidation phase before a new breakout. While the $97,000 resistance is being tested, the psychological limit of $100,000 has become a critical target.
However, volume support is required to break these levels. Daily trading volume is currently at $28.64 billion and a permanent breakout should not be expected unless there is a serious increase. In the downside scenario, the $85,645 level stands out as a strong support point. This region has managed to protect the price in previous declines.
#Ethereum is trading at $1,810 at the time of writing. While it looks positive on a daily basis, a 1.54 percent loss on a monthly basis is striking. The 5.91 percent decrease in trading volume in the last 24 hours also indicates that investor interest is decreasing. This could lead Ethereum to test support levels.
$XRP is currently trading at $2.22, making it one of the few assets among major coins to be positive on a monthly basis. In addition to the 4.84 percent increase, the 23.45 percent increase in 24-hour trading volume could be a sign of a significant price move. This momentum could open the door to even greater gains for #XRP if the $2.50 resistance is broken.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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