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After this week’s sharp drop, the market has calmed down, and the movements of the top 3 coins are diverging. Bitcoin is rebounding after confirming support at $87,787. If the rebound continues, it could climb as high as $91,942. The daily RSI is rising from 44, which looks like a sign that downward pressure is weakening. However, if it falls below $87,787, there is a risk of a pullback to $85,569.
Ethereum’s situation is different. After breaking below the $3,017 support, it has been trading sideways in the $2,960 range. If this resistance level cannot be broken, it could drop to the Fibonacci 61.8% level at $2,749.45. The RSI around 40 suggests clear bearish dominance. XRP is also the same: it failed to break above $1.96 and has been pushed below $1.91. The next target looks like the December low of $1.77, and there appears to be a high likelihood of falling that far. Technically, all three coins show bearish crossovers, supporting a downside scenario.