Crypto World: A Changing Scene
The world of cryptocurrencies is buzzing with news, especially after President Trump suggested keeping a strategic crypto reserve, including Bitcoin, Solana, XRP, and more[3]. Even so, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have had a tough time going up steadily. Let’s look at how these cryptocurrencies are doing now and guess what their prices might do.
Bitcoin (BTC): The Market’s Big Player Has a Tough Time
Bitcoin, often seen as the crypto market’s leader, has had a rough ride. After failing to go above $95,000, BTC fell below $85,000 but then bounced back and closed above this important support level[5]. The Relative Strength Index (RSI) shows a mild downward trend, but if $85,000 holds, Bitcoin could try to reach its recent high of $95,000 again[5]. But if it closes below $85,000, it might drop to around $73,000[5].
Ethereum (ETH): Ready for a Comeback
Ethereum found support at $2,125 and rose a lot before giving up some of its gains[5]. If ETH stays above $2,125, it could keep going up towards $3,000[5]. The RSI shows a downward trend, but if it goes above the middle line, it could start a bullish trend[5]. If ETH falls below $2,125, it might drop to its weekly support at $1,905[5].
Ripple (XRP): Testing a Big Resistance Level
XRP is trying to break through a big resistance level against Ethereum, which has led to big rallies in the past[1]. If XRP goes above 0.0012 ETH, it could have a big price increase[1]. On the USD chart, XRP is facing resistance at $2.79, and if it closes firmly above this level, it could signal a recovery[5]. Analysts are watching XRP’s performance against ETH and its potential to do better than Ethereum in the coming months[1].
A Turbulent but Promising Future
Even though Bitcoin, Ethereum, and Ripple are having a tough time, the crypto market is still full of possibilities. The upcoming White House Crypto Summit and President Trump’s announcement about a strategic crypto reserve will likely shape the future of digital currencies[5]. As XRP tests big resistance levels and Bitcoin and Ethereum try to hold onto important support zones, investors are waiting to see what happens next. Only time will tell if these cryptocurrencies can overcome their current challenges and start growing again.
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