Key Moments
- Bitcoin trades above $86,700 on Monday, with bulls focused on the $90,000 upside objective.
- Ethereum hovers around $2,730 after three consecutive weeks of gains, with $3,000 in view.
- XRP extends its recovery above $1.520 on Monday as buyers look toward the $1.90 resistance area.
Broad-Based Crypto Rally Targets Higher Levels
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) continue to advance on Monday, extending a multi-week upward move that began in mid-September. All three assets are now approaching notable resistance thresholds, with market participants eyeing $90,000 for BTC, $3,000 for ETH and $1.90 for XRP as the next key upside milestones.
Bitcoin Holds Above Key Averages as Bulls Eye $90,000
Bitcoin changes hands at $86,722 on Monday following three straight weeks of gains. The price remains firmly above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), which stand at $79,206, $75,375 and $75,001, respectively. This alignment of major EMAs under current price supports a constructive near-term backdrop and confirms the broader uptrend structure.
The Relative Strength Index (RSI) is positioned near 69, signaling stretched conditions after the latest leg higher. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is nearly flat around the zero line, indicating that while bullish momentum is still present, additional incremental strength may be moderating.
On the downside, the first notable support level is located around the recent horizontal area near $85,000. Below that, dynamic demand emerges at the 50-day EMA around $79,206. The 100-day EMA at $75,375 and the 200-day EMA at $75,001 form a broader medium-term support band. A deeper retracement would bring prior structural levels near $66,500 and $62,300 into view, where buyers could attempt to stabilize the prevailing positive trend if profit-taking accelerates.
| BTC Key Levels | Price |
|---|---|
| Current price (Monday) | $86,722 |
| Upside focus | $90,000 |
| Initial support | $85,000 |
| 50-day EMA | $79,206 |
| 100-day EMA | $75,375 |
| 200-day EMA | $75,001 |
| Deeper support zones | $66,500 and $62,300 |
BTC/USDT daily chart
Ethereum Sustains Momentum Above Clustered EMAs
Ethereum trades around $2,730 on Monday, retaining a constructive short-term profile as it remains above the 50-day, 100-day and 200-day EMAs, which are grouped roughly between $2,290 and $2,495. This cluster of moving averages under spot price serves as a substantial technical support area.
The RSI reads 64, which keeps it in bullish territory while stopping short of overbought. The MACD indicator stays marginally negative, with the line below the zero mark, suggesting that while the up move has recently slowed, the broader constructive backdrop remains intact.
On the topside, immediate resistance appears at the horizontal barrier near $2,800, followed by the psychologically important $3,000 mark, which currently acts as a cap on medium-term upside potential.
On the downside, initial support emerges at the $2,500 horizontal level, closely backed by the 50-day EMA at $2,493. If that area fails, the 100-day EMA at $2,322 and the 200-day EMA at $2,289 define a wider demand band. Should selling pressure intensify, deeper structural supports are noted at $2,000 and $1,385.
| ETH Key Levels | Price |
|---|---|
| Current price (Monday) | $2,730 |
| Immediate resistance | $2,800 |
| Upside focus | $3,000 |
| Initial support | $2,500 |
| 50-day EMA | $2,493 |
| 100-day EMA | $2,322 |
| 200-day EMA | $2,289 |
| Deeper support zones | $2,000 and $1,385 |
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