Crypto Majors Rebound as Holiday Trading Turns Constructively Bullish

Key Moments

Macro Backdrop Supports Renewed Risk Appetite

Bitcoin (BTC), Ethereum (ETH), and XRP each posted gains of around 3% on Monday. This move signaled a rebound during thin holiday trading. Meanwhile, liquidity remains low. However, major tokens continue to firm as US President Donald Trump pushes peace efforts between Russia and Ukraine. As selling pressure fades, the technical outlook for top cryptocurrencies is improving.

Bitcoin Targets Key Resistance Within Symmetrical Triangle

Geopolitical Context and Price Action

Bitcoin started the week on a positive note. This strength followed renewed diplomatic efforts by US President Donald Trump. He recently said talks with Ukrainian President Volodymyr Zelensky made “a lot of progress.” Still, key territorial issues remain unresolved and may take weeks to settle.

At press time on Monday, BTC was up more than 2% and traded above $90,000. Notably, the session formed a strong bullish candle. As a result, buyers focused on the 50-day Exponential Moving Average (EMA) at $92,202.

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🕰 Crypto Markets (Past Week)
Total cap ~$3.0-3.1T, range-bound in thin holiday liquidity $BTC flat ~$89,000-90,000 $ETH ~$3,000-3,035$SOL ~$128
Fear & Greed ~24 (Extreme Fear); sideways amid low vol 💹

🌍 Global Markets (Past Week)… pic.twitter.com/MZZ9gXYmxs

— FameEX GLOBAL (@FameEXGlobal) December 29, 2025

Technical Structure and Momentum

On the daily chart, BTC continues to trade inside a symmetrical triangle. Two converging trendlines define this pattern. Importantly, the upper boundary aligns with the 50-day EMA and marks immediate resistance.

A daily close above $92,202 would confirm a bullish breakout. If that occurs, BTC could target the November 15 high at $96,846. Beyond that, the 200-day EMA near $101,029 comes into view.

Momentum indicators also support the upside case. The Relative Strength Index (RSI) stands at 53 and continues to rise. Meanwhile, the Moving Average Convergence Divergence (MACD) is approaching the zero line, signaling strengthening bullish momentum.

However, downside risks remain. If BTC breaks below triangle support near $86,250, selling pressure could increase. In that case, support may emerge near $84,450 or $80,600.

Ethereum Extends Four-Day Rally Above $3,000

Ethereum continues to recover and remains above $3,000. This marks its fourth straight session of gains. At the time of writing, ETH is up more than 3% and moving toward the 50-day EMA at $3,136.

If ETH clears this level, further upside becomes likely. In that scenario, price could advance toward the 200-day EMA at $3,374. This move would represent roughly 11% upside.

Momentum indicators reinforce the bullish setup. The RSI sits at 51 and has crossed above the midpoint. As a result, buying pressure appears to be building.

At the same time, the MACD continues to trend higher and avoids a bearish crossover. This suggests Ethereum’s upward momentum remains intact.

On the downside, ETH may find support near a rising trendline around $2,850.

XRP Climbs in Falling Wedge, Eyes $2 Threshold

XRP also joined Monday’s rebound and traded more than 2% higher. On the daily logarithmic chart, price is moving toward falling wedge resistance near $1.94.

A decisive break above this level would strengthen the bullish case. In turn, XRP could test the 50-day EMA at $2.06.

Momentum indicators continue to improve. The RSI stands at 45 and is gradually rising toward the midpoint. Meanwhile, the MACD has trended higher since crossing its signal line, pointing to renewed bullish momentum.

Still, downside risks remain. If XRP drops below $1.90, the price could slide toward the S1 Pivot Point at $1.79.