XRP Charts Signal Caution as Bitcoin and Ether Show Mixed Moves
$XRP : Recently jumped 11% but stalled below key resistance at $3.65, a historically strong sell zone. On-chain data shows high unrealized profits, raising profit-taking risks.
Key levels: Resistance $3.38, $3.65, $4.00 | Support $2.99, $2.72, $2.65
Bitcoin ($BTC ): Consolidating gains inside a descending channel after bouncing from the 50-day SMA. A breakout above resistance could target $123,000+, while a drop below $111,965 may lead to deeper pullbacks.
Key levels: Resistance $120,000, $122,056, $123,181 | Support $111,965, $104,562, $100,000
Ether ($ETH ): Broke out of a long-term symmetrical triangle, pushing above $4,200 and entering a fresh uptrend toward previous highs near $4,800–$5,000.
Key levels: Resistance $4,400, $4,875, $5,000 | Support $4,000, $3,941, $3,737
Bottom Line:
XRP faces heavy selling pressure, Bitcoin is in a healthy consolidation with breakout potential, and Ether has started a robust new uptrend. Careful monitoring of key levels and on-chain signals is essential for navigating the next moves.
