#NewsTrade The cryptocurrency market is entering a pivotal phase as the total market cap surges past $3.37 trillion, driven by renewed investor confidence and a surge in trading volume, which now stands at $144.01 billion in the past 24 hours. The Fear & Greed Index has climbed to 73, signaling strong market optimism. With this bullish environment, all eyes are now on the three dominant players: Bitcoin (BTC), Ethereum (ETH), and XRP.
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Bitcoin (BTC)$BTC : The $100K Battle
Bitcoin is currently trading around $103,906, marking a massive 24.38% monthly gain. However, momentum appears to be cooling off as the Relative Strength Index (RSI) reaches 73, indicating overbought territory.
Key Support: $100,000
Resistance to Watch: $105,000 and $110,000
A decisive hold above $100K is crucial. If bulls successfully defend this psychological level, BTC could quickly surge to $110K, potentially setting the stage for a new all-time high. However, failure to hold this level may trigger a short-term correction.
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Ethereum (ETH)$ETH : At a Crucial Juncture
Ethereum has posted an extraordinary 58.77% gain over the past month, currently priced at $2,526.90. Despite a slight dip of 0.26% in the last 24 hours, ETH is showing strong technical signals. However, with the RSI at 79, ETH is deep into overbought territory.
Crucial Support: 200-day EMA at $2,431
Immediate Resistance: $2,600
Bullish Target: $3,000
This week could be make-or-break for Ethereum. A bounce off the 200-day EMA could trigger a fresh rally toward $3,000. On the flip side, closing below this level could push ETH back down to $2,000, inviting bearish pressure.
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XRP$XRP : The Silent Climber
XRP is currently trading at $2.45, recording a 3.19% daily gain and a 19.43% increase over the month. The RSI is at 60, suggesting that XRP still has room to grow without being overextended.
Immediate Resistance: $2.50
Major Target: $3.00
Support Zone: $2.20 (50-day EMA)
If XRP breaks through the $2.50 resistance with strong volume, it could accelerate toward the $3.00 milestone. However, rejection at this level may lead to a brief retracement toward $2.20, offering a potential buy zone for long-term holders.
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Conclusion: A Bullish Week Ahead?
The crypto market remains firmly in bullish territory, but technical indicators suggest a potential pause or minor corrections in the near term. Bitcoin’s ability to stay above $100K, Ethereum’s interaction with its 200-day EMA, and XRP’s attempt to break past $2.50 will be key triggers to watch this week.
Investors should prepare for high volatility, but the overall trend remains upward — and if key resistance levels are cleared, new all-time highs may be closer than we think.