Price Prediction
Bitcoin, Ethereum, and XRP Face Renewed Selling Pressure
Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) face renewed selling pressure as their daily charts reveal weakening momentum and critical support levels. Bitcoin has slipped below its 20-day exponential moving average (EMA), while Ethereum struggles beneath its short-term trend indicators. XRP continues to trade below all four major moving averages, reinforcing its bearish structure. However, all three cryptocurrencies remain near price zones that could determine their next significant moves. Bitcoin trades near $81,630 after failing to maintain its advance above $85,000. The decline below the 20-day EMA at $82,413 highlights weakening short-term demand. Nevertheless, BTC remains above its 50-day EMA at $80,570 and its longer-term moving averages. This positioning suggests Bitcoin’s broader recovery structure remains intact despite recent losses. However, the price must reclaim $82,413-82,686 to restore confidence in its immediate outlook. A successful breakout could bring $85,000 into focus, followed by resistance near $86,000. Conversely, a drop below $80,570 would expose $79,726 and potentially $77,143. Hence, Bitcoin’s ability to defend its 50-day EMA remains crucial.