The cryptocurrency market is abuzz with excitement as the global market cap surges to $3.37 trillion. With the Fear & Greed Index firmly in the "greed" zone, investors are eagerly eyeing the top three cryptos: Bitcoin, Ethereum, and XRP.
Bitcoin (BTC) Price Prediction
Bitcoin has registered an impressive 24.38% return on its monthly chart, reaching $103,906. However, the BTC price has started to pull back slightly, showing signs of cooling off. The Relative Strength Index (RSI) on the daily is at 73, just above its overbought threshold.¹ To avoid a steep fall, Bitcoin must hold the crucial $100k support. If bulls defend this zone successfully, we can expect a push towards the psychological $110,000 mark.
Ethereum (ETH) Price Prediction
Ethereum's price is currently at $2,526.90, boasting a 58.77% gain over the past month. The RSI has climbed to 79, well above the overbought zone, hinting at possible liquidations.² This week may serve as a make-or-break moment for ETH, as it floats close to its 200-day EMA at $2,431. A rebound from this level could push ETH to retest the $2,600 level and eventually head toward the psychological $3,000 barrier.
Ripple XRP Price Prediction
XRP continues to hold strength, posting a 3.19% gain over the past day and trading at $2.45. Its monthly gain stands at +19.43%, and volume is up 12.56% since yesterday.³ The RSI reads 60, signaling moderate bullish buys. If XRP maintains its upward momentum, it could retest the $2.50 resistance. A breakout above that may open the doors to $3.00.
FAQs
- *Why is Bitcoin not rising above $105k?*: The RSI suggests bullish exhaustion, and BTC is facing immediate resistance at $105,000.
- *Is Ethereum still bullish despite the dip?*: Yes, but ETH is at a key inflection point. Holding the 200-day EMA is crucial, otherwise, it could risk a short-term reversal toward $2,000.
- *Can XRP hit $3 this week?*: If momentum sustains and XRP clears $2.50 with strong volume, $3 is within reach.
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