🚀 Bitcoin, Ethereum, Ripple — Bull Run Fever Grips the Market
Bitcoin nears $123,218 following a 4% rise last week.
Monday sees Ethereum around $4,500 in the positive.
If XRP breaks $3.40 daily barrier, it might climb to record highs.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) started the week positively, with BTC approaching its record high of $123,218. ETH is approaching major resistance, and XRP may breakout.
Bitcoin nears record highs
Bitcoin climbed 6% till Sunday after finding support around $111,980, its previous all-time high. On Monday, it trades over its psychological milestone of $120,000.
BTC might reach its July 14 record high of $123,218 if it keeps rising.
A pullback might extend BTC's slide to support around $116,000, its daily level.
Ethereum bulls target $4,488
Ethereum gained roughly 22% in the week and ended above $4,000 on Saturday. As of Monday, it trades over $4,300.
Ethereum might reach $4,488 on December 9, 2021, if it keeps rising.
If ETH corrects, it might fall below $4,000.
XRP might reach its record high if it finishes over $3.40.
XRP rose 8% in the week after finding support at $2.78, the 50% retracement level. As of Friday, it's rallying over $3.26.
XRP might climb to record highs at $3.66 if it closes over $3.40 daily barrier.
Daily chart RSI is 58, above neutral at 50, suggesting positive momentum.
If XRP fails to close above $3.40 resistance and corrects, it might continue to fall toward its 50-day EMA around $2.88.
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