- Summary:
- Bitcoin slipped below $ 94k after failing to cover resistance
- Ethereum has weakened near $ 1,861
- XRP broke the 50-day EMA, exposing the downside to $ 1.96.
This week began in Bitcoin under the $ 94,000 mark, weighted by repeated denial of $ 97,700. Ethereum continues to flirt with $ 1,861 ceilings. The XRP is just hanging below the 50-day EMA, which signed the waning momentum. With sentiment carefully and the bulls lacking convincing, entrepreneurs summarize what might be next.
Bitcoin's price slipped below $ 94k while the bulls lost steam
Bitcoin (BTC) has dropped almost 3% since the decline on Friday to $ 97,700. That level remains a tough ceiling. BTC has now dropped under $ 94,000 and trading with a soft tone on Monday
- Support: $ 91,250 and $ 90,000
- Resistance: $ 97,700 and $ 100,000
- Momentum: Bearish Tilt; The cooling of RSI from 70
If the Bulls can't recover $ 95k quickly, the next stop can be $ 91k – and below it, the $ 90k handle is playing. So far, $ 97,700 remains a breakout trigger upside down, but that door is tightly closed until consumers return.
Ethereum price failed again at $ 1,861
ETHEREUM (ETH) stuck to the bottom of $ 1,861 – the same level trapped a lot of rallies last week. The coin is currently trading around $ 1,795, which loses momentum after a mid -week spike.
- Support: $ 1,756 and $ 1,700
- Resistance: $ 1,861 and $ 2,000
- Momentum: Neutral; RSI flat close to 52
ETH requires a clear break above $ 1,861 to reresthew $ 2,000, but another failure here can send the price back to $ 1,700. Below, $ 1,449 becomes the target of the bear.
See also
XRP struggles close to $ 2.15 while sellers are digging
Ripple's XRP is under pressure again, which walks under just $ 2.20 after failing to get the 50-day EMA. The price felt stuck, and there was no immediate from consumers. Each pushing higher fading is fast, while the support of $ 2.15 is quietly wearing thin.
- Immediate Support: $ 2.15
- If broken: $ 1.96 is the next likely landing spot
- Reversed cover: $ 2.25, followed by $ 2.50
The RSI sits around 47, not oversold, not inspiring.
