BTC·ETH·XRP Technical Analysis: How to Read Moving Averages and the Key Turning Points of the Three Major Coins

Bitcoin, Ethereum, and Ripple have all reached critical technical crossroads simultaneously. Each coin is currently consolidating within key resistance and support zones, and the direction of the trend will be determined by the upcoming movements. Understanding how to read moving averages can help clarify the current market structure more effectively.

###Ripple(XRP): $1.96 Lifeline — Last Stand… Success in Defense is Key

Ripple experienced two weekly declines last week, continuing its bearish trend, and once again touched the critical daily support level of $1.96 on Sunday. It is currently trading around $2.11, closely monitoring the narrow zone just above the support line from both above and below.

If XRP closes below $1.96, the next lower target could extend to the support at $1.77. A decline to this level would likely be seen as a shift from a simple correction to a full-scale re-adjustment phase.

The daily RSI is at 40, below the neutral 50, indicating that selling pressure is gradually gaining dominance. The MACD lines are converging, reflecting market indecision, but a clear crossover in either direction could make the trend more apparent.

If the $1.96 support holds, there is still room for a rebound toward the resistance at $2.35. The most critical level determining XRP’s fate now is whether it can maintain the $1.96 level or not.

###Ethereum(ETH): Failure to Break Through 50-Day Moving Average Confirmed at $3,017

Ethereum failed to close above the 50-day exponential moving average (EMA) at $3,280 on Wednesday, and by Sunday, it had fallen a cumulative 7.62%. It is currently trading near $3,140, approaching the daily support at $3,017.

Applying the basics of how to read moving averages, the 50-day EMA is a key indicator of medium-term trend strength. Failing to close above this line suggests that upward momentum is weakening.

If the correction continues, a clear break below the $3,017 support is crucial. Breaking this level could lead to further declines toward the next support zone at $2,749.

The daily RSI is at 49, just below the neutral 50, indicating that bearish momentum is slowly building in the early stages. The MACD lines are converging, so a bearish crossover could reinforce a negative scenario.

Conversely, if ETH manages to rebound, the first upside target is again the $3,280 level at the 50-day EMA. Whether it can break through and close above this zone will be a key short-term signal to distinguish between a simple retracement and a trend reversal.

(Bitcoin)BTC###: Resistance at $94,253 in a Complex Resistance Zone… Next Target $85,569

Bitcoin has faced resistance once again last week along a descending trendline that has been in place since early October. This trendline overlaps with the 61.8% Fibonacci retracement level at $94,253, which spans from the April low of $74,508 to the October all-time high of $126,199, effectively creating a multiple resistance zone.

Currently, it is fluctuating around $91,160. If a correction occurs, the next key support level to watch is $85,569. This zone coincides with the 78.6% Fibonacci retracement level, making it a technically significant support.

Momentum indicators are leaning bearish. The daily RSI is at 43, below the neutral 50, showing that downward pressure is gradually intensifying. The MACD lines are converging, and a further bearish crossover could strengthen the medium-term bearish scenario.

On the other hand, if BTC breaks above the descending trendline and closes the daily candle above the resistance at $94,253, it could open the door for a rally toward the psychological milestone of $100,000. Currently, BTC is at a pivotal point where the scenario could shift toward resuming the rally or further correction.

Overall Assessment:: All three coins are focused on key technical resistance and support zones

Bitcoin, Ethereum, and Ripple are all approaching major technical levels, and the depth of their corrections will depend on whether their respective key support levels hold. Technical analysis tools, including moving averages, are reflecting current market uncertainty. The movements over the next few trading days will be critical signals for future trend directions.