- Technical Analysis: Bitcoin Bulls Tighten Their Grip on Gains:


Bitcoin is currently trading at $81,525, maintaining a short-term bullish trend, as the price stays above the short- and medium-term exponential moving averages (EMA). The 50-day EMA, around $74,958, and the 100-day EMA, near $76,102, are comfortably below the market price, supporting the overall upward trend. The SuperTrend line, at approximately $75,305, reinforces this demand zone.

Momentum remains positive, with the Moving Average Convergence Divergence (MACD) on the daily chart being positive, and the Relative Strength Index (RSI) hovering near 69, indicating strong buying pressure but approaching overbought territory.

Daily chart of BTC/USDT pair

On the bullish side, the 200-day EMA at around $82,016 represents the first resistance level, a key hurdle that buyers need to overcome to continue the rally. On the downside, any corrective pullback is likely to find initial support in the range of $78,000 to $80,000, followed by the 100-day EMA at $76,102, then the SuperTrend line at $75,305, where technical demand may limit larger losses as long as the overall bullish trend remains intact.

- Technical outlook on altcoins: Slight increase in Ethereum and XRP prices amid waning selling pressure:
Ethereum is trading at $2,380, maintaining a positive upward trend, with its price staying above the 100-day EMA at $2,346 and the 50-day EMA at $2,264, also remaining above the SuperTrend support level at $2,151. Momentum is mixed, with the RSI around 59 indicating positive conditions but not in overbought territory on the daily chart, while the MACD remains slightly in the negative zone with a flat shape, suggesting the recent rebound is improving but not yet supported by strong acceleration.

Daily chart of ETH/USDT pair

On the positive side, the supply level at $2,400 represents the next significant resistance, followed by the 200-day EMA trending toward $2,597, which limits broader recovery expectations. On the downside, immediate support is at the current price of around $2,380, followed by the 100-day EMA at $2,346. Breaking this level would lead to the 50-day EMA at $2,264, before reaching the strong structural demand zone near the SuperTrend line at approximately $2,151.

Meanwhile, XRP is trading at $1.44, with a short-term bullish bias. The payment token is trading above the 50-day EMA at $1.41 and above the SuperTrend support level at $1.31, indicating that declines are likely to remain limited for now.

Momentum metrics support this positive structure, with the RSI above 58 on the daily chart, and the MACD histogram marginally in the positive zone, suggesting buyers still hold control.

On the upside, initial resistance appears at $1.45, followed by a notable hurdle at the 100-day EMA at $1.51. A more significant barrier aligns with the long-term downward resistance trendline around $1.57, before the 200-day EMA at $1.74.

Daily chart of XRP/USDT pair

Conversely, immediate support is reinforced by the 50-day EMA at $1.41, while a deeper pullback toward the SuperTrend line at $1.31 is expected to attract renewed buying interest as long as the broader bullish structure remains valid.
$BTC
$ETH
$XRP
BTC-0.36%
ETH-1.58%
XRP0.49%
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Before00zero
· 6h ago
Bitcoin price remains above $81,000, as bullish traders challenge the key resistance level amid steady inflows into spot exchange-traded funds.
Ethereum is heading toward the $2,400 supply zone, supported by the 50-day and 100-day exponential moving averages.
XRP is gaining momentum near the resistance level at $1.45, as momentum indicators bolster short- to medium-term bullish outlooks.
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