The crypto market is heating up as Bitcoin surges past key levels, pulling major altcoins like Ethereum, XRP, and Solana along for the ride. With bullish momentum building across the board, traders are eyeing critical resistance zones that could dictate the next major price moves.
Bitcoin (BTC): Eyeing $105K as Bullish Signals Flash
Bitcoin’s bullish momentum remains strong as it approaches the $105,000 mark. The weekly chart shows a potential MACD bullish crossover—something not seen since October 2024. Historically, such crossovers have preceded explosive rallies, making this a critical signal to watch.
A liquidity cluster near $105,000 is acting as a magnet for price action, but breaking past the $106,000–$109,000 resistance zone (previous all-time highs) will be the real test. If BTC clears this hurdle, the next leg up could be imminent.
Ethereum (ETH): Breaking Out Above $2,500
Ethereum has finally shaken off its sluggish trend, reclaiming the $2,500 level with conviction. Despite the recent Pectra upgrade failing to spark immediate momentum, ETH’s resurgence suggests renewed investor confidence.
The next key resistance lies between $2,700 and $2,800. If Ethereum holds above $2,500, a sustained uptrend could follow. However, failure to break higher might see a retest of the $2,300–$2,400 support zone.
XRP: Sudden Spike to $2.48—Sustainable or Speculative?
XRP surprised traders with a sharp rally to $2.48, despite a lack of major news. This suggests speculative buying or short-term hype driving the move. A confirmed breakout above $2.45 could signal a new uptrend, with resistance levels at $2.56, $2.80, and $3.
However, if the momentum fades, XRP could retreat to $2.30. Traders should watch for follow-through buying to confirm whether this is a genuine breakout or a temporary pump.
Solana (SOL): Bullish Divergence Fuels Rally to $167+
Solana’s uptrend remains strong, with SOL breaking past the crucial 50% Fibonacci retracement level at $167. The next targets are $179 and the golden pocket resistance between $191 and $200.
Support levels at $167, $154, and $146 should hold if a pullback occurs. With higher highs and higher lows in play, Solana’s bullish structure remains intact.
Final Thoughts**
The crypto market is showing strong bullish signals, but key resistance levels will determine whether Bitcoin, Ethereum, XRP, and Solana can sustain their rallies. Traders should watch for confirmations at critical price zones to gauge the next major moves.