#BTC #xRP **BTC, ETH, and XRP Rebound Ahead of White House Crypto Summit: Key Levels to Watch**
**Bitcoin (BTC) Stabilizes Above $85,000 Support**
Bitcoin traded at $87,600 on Wednesday, rebounding after testing critical support near $85,000 earlier in the week. This level aligns with Bitcoin’s 200-day Exponential Moving Average (EMA) at $85,759, reinforcing its significance. A sustained hold above $85,000 could propel BTC toward its recent peak of $95,000, reached on Sunday. However, a daily close below this support might trigger a deeper correction toward $73,000, the next major demand zone.
**Ethereum (ETH) Eyes $3,000 Amid Support Retest**
Ethereum’s price found stability around $2,125, a pivotal support level that previously fueled a 13.56% surge to $2,359 last Sunday. After a brief pullback, ETH reclaimed this floor on Tuesday, trading near $2,176 on Wednesday. Maintaining above $2,125 could reignite bullish momentum, potentially driving ETH toward the $3,000 psychological milestone. Conversely, a breakdown below this support may expose Ethereum to its weekly low of $1,905.
**XRP (XRP) Tests Key EMA, Resistance at $2.79 in Focus**
XRP rebounded from its 100-day EMA at $2.30 on Tuesday, climbing to $2.45 as buyers stepped in. A decisive daily close above the $2.79 resistance level—a key barrier on XRP’s chart—could signal further upside, opening a path to retest the $3.00 threshold. Beyond this, the January 16 high of $3.40 looms as a target. For now, the 100-day EMA at $2.30 serves as critical support; a breach here might
**Market Context: White House Crypto Summit Looms**
The rebounds in BTC, ETH, and XRP come ahead of the White House Crypto Summit, where policymakers are expected to outline regulatory strategies for digital assets and their implications for the U.S. financial system. Traders are closely monitoring these technical levels, as outcomes from the summit could amplify volatility across cryptocurrency markets.
*Summary of Key Levels:*
- **BTC:** Support at $85,000 (200-day