As the cryptocurrency market cap reaches $3.40 trillion, sentiment is cautiously optimistic. The 24-hour trading volume has surged to $145.01 billion, and the Fear & Greed Index sits at 73, signaling a "greed" environment. Investors are closely watching Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) for potential moves.
Bitcoin (BTC) Price Outlook:
Bitcoin has posted an impressive 24.38% monthly return, reaching $103,950. However, there’s a slight pullback underway, with the RSI at 73, signaling possible overbought conditions. BTC must hold $100k to avoid a sharp drop, with $110k being the next target if bullish momentum continues.$BTC
#Ethereum (ETH) Price Outlook:
Ethereum is currently priced at $2,510.90, showing a 58.77% gain in the past month. The RSI has surged to 79, indicating possible liquidations. ETH is at a critical juncture, trading near its 200-day EMA at $2,431. A rebound here could push it toward $2,600, with $3,000 in sight. A drop below this level could see ETH fall back to the $2,000 support zone.$ETH
Ripple (XRP) Price Outlook:
XRP is showing strength, up 3.19% in the last 24 hours at $2.50, with a solid 19.43% monthly gain. The RSI at 60 suggests moderate bullish pressure. XRP could test the $2.60 resistance, and a breakout could drive it toward $3.00. A failure to break through could see a pullback to the $2.20 support zone.$XRP
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