BTC, ETH Hold Firm as XRP Remains Below Key Averages

Key Moments

Bitcoin Technical Picture: Support Intact, Resistance Capping Upside

Bitcoin (BTC) and Ethereum (ETH) started the week on firmer footing, with buyers defending important support levels on Monday after BTC advanced 2% and ETH added 1.3% in the previous week. By contrast, Ripple (XRP) only posted a mild recovery on Monday following a drop of more than 5% last week.

Bitcoin traded at $64,973 on Monday, remaining above the 50-day Exponential Moving Average (EMA) at $64,693 while still constrained by the 100-day EMA at $66,870 and the more distant 200-day EMA at $72,245. This structure points to a neutral to slightly positive short-term outlook, as price is supported by the shorter-term trend but continues to sit under key medium- and longer-term moving averages.

The Relative Strength Index (RSI) near 54 indicates a broadly balanced setup with a modest bullish skew. The Moving Average Convergence Divergence (MACD) remains in positive territory, signaling that buying interest is rebuilding gradually rather than accelerating sharply.

On the upside, the initial obstacle is the 100-day EMA around $66,870. Above that, the 200-day EMA at $72,245 is the next notable barrier before a major horizontal resistance comes into view at $84,410.

On the downside, immediate support is located at the 50-day EMA around $64,693, with a more critical structural base at $64,004. A daily close below $64,004 would undermine the current tentative bullish stance and could open the door to a deeper corrective phase.

Ethereum Outlook: Watching the 100-day EMA for Breakout Signals

Ethereum traded at $1,918 with a mildly constructive tone, staying above the 50-day EMA at roughly $1,864 while still capped by the 100-day EMA near $1,924. Holding above the 50-day EMA highlights underlying demand on dips, whereas the 200-day EMA around $2,124 and a horizontal barrier at $2,000 remain overhead reference levels that have yet to be tested.

The RSI around 56 reflects steady, but not overstretched, upward momentum. The MACD line is still slightly negative but is improving, indicating that bearish pressure is easing rather than dominating the setup.

On the topside, the immediate test is the 100-day EMA near $1,924. A further hurdle is the psychological and technical barrier at $2,000, followed by the 200-day EMA around $2,124, which currently delineates the broader trend ceiling.

On the downside, initial support aligns with the current pivot area near $1,918, while the 50-day EMA offers stronger backing around $1,864. A more pronounced pullback could expose the more distant horizontal support at $1,385, an area where longer-term buyers may reenter.

XRP: Modest Bounce Within a Bearish Near-Term Structure

XRP traded at $1.03 on Monday, staging a modest rebound after losing over 5% in the previous week. Despite the recovery, the short-term tone remains bearish, with the token trading below the 50-day EMA at $1.10, the 100-day EMA at $1.18, and the 200-day EMA at $1.37.

The RSI around 39 and a negative MACD reading both point to ongoing downside pressure, suggesting that any rallies are likely to encounter selling interest around the cluster of overhead EMAs.

On the downside, the first notable support comes in at the psychological and horizontal level near $1.00, where buyers may attempt to slow or halt further weakness.

On the upside, initial resistance is aligned with the 50-day EMA around $1.10, followed by the 100-day EMA at $1.18 and a horizontal barrier at $1.30. A more formidable cap is created by the 200-day EMA at $1.37, with a distant resistance level further up at $1.90.