BTC, ETH and XRP Push High as Short Squeeze Lifts Crypto

Key Moments

Broad Crypto Market Extends Recent Rally

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) continue to build on last week’s strength on Monday, after logging gains of over 5%, 6% and 5%, respectively, in the prior week. BTC trades above $81,300, ETH moves above $2,600, and XRP holds over the important $1.300 area. Across all three, momentum studies point to an early-stage bullish phase that could allow for additional upside if current conditions persist.

Bitcoin Price Targets Horizontal Resistance Near $85,000

Bitcoin is quoted at $81,334 on Monday after advancing more than 5% last week. The short-term technical backdrop stays constructive, with BTC trading well above its 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), which are grouped in a broad zone between about $72,000 and $75,000.

The EMAs continue to point higher, and the 50-day EMA sits above both the 100-day and 200-day EMAs, signaling that the dominant upward trend remains in place despite earlier consolidation. The Relative Strength Index (RSI) is around 64, indicating a positive but not yet overbought reading. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator has flipped back into positive territory, suggesting that bullish momentum is rebuilding after a cooling period.

On the upside, price faces an initial technical ceiling at a horizontal area near $85,000. A clear break of this zone would leave room for BTC to explore uncharted territory to the upside.

On pullbacks, the 50-day EMA around $74,807 is the first key support. This level is backed by the 200-day EMA near $73,458 and the 100-day EMA close to $72,240, together forming a wide demand region that may attract dip buying. Below this cluster, additional horizontal supports are seen at $66,500 and $62,300; only a decisive loss of these levels would start to undermine the broader constructive structure.

Ethereum Trend Structure Remains Firmly Bullish

Ethereum trades around $2,663 on Monday, with a constructive near-term outlook as price remains decisively above the 50-day, 100-day and 200-day EMAs. These EMAs are clustered between roughly $2,200 and $2,335, forming a stacked configuration that underpins the prevailing uptrend.

The RSI sits near 67, placing ETH just below traditional overbought levels, while the MACD has turned positive, indicating that upward momentum is still in force, though it appears to be maturing.

On the downside, the first notable support is found at a horizontal area close to $2,500. Beneath that, the 50-day EMA at around $2,335, along with the 100-day and 200-day EMAs between $2,198 and $2,226, together mark a deeper demand zone ahead of the key $2,000 psychological level.

On the topside, the next major resistance is the horizontal barrier near $3,000. A daily close above that threshold would leave ETH positioned for further gains. Conversely, if price fails to clear the $3,000 region, the market could enter a consolidation phase or see a corrective slide toward the EMA cluster.

XRP Shows Stabilization as Bearish Pressure Eases

XRP is quoted at $1.415 on Monday, trading above a group of key EMAs. The 50-day EMA stands near $1.302, the 100-day EMA around $1.267, and the 200-day EMA close to $1.355. This configuration suggests that the broader technical backdrop remains supported even after recent sideways price action.

The RSI is around 56, pointing to neutral-to-mildly bullish momentum. At the same time, the MACD line is slightly negative, indicating that buying pressure is present but not yet strong enough to drive a more forceful advance.

On the downside, the 200-day EMA near $1.355 is the first notable support. Below that, additional protection comes from the 50-day EMA and a horizontal support cluster in the $1.302–$1.300 range, with the 100-day EMA sitting lower at roughly $1.267. A more distant structural floor is located around $1.000.

On the upside, the next significant resistance is a horizontal level around $1.900. A daily close above this barrier would be needed to reestablish a more aggressive bullish extension over the near term.