- Summary:
- Bitcoin slips below $94K after failing to clear resistance
- Ethereum weakens near $1,861
- XRP breaks its 50-day EMA, exposing downside toward $1.96.
This week started off with Bitcoin under $94,000 mark, weighed down by repeated rejection at $97,700. Ethereum continues to flirt with its $1,861 ceiling. XRP is hanging just below its 50-day EMA, signaling waning momentum. With sentiment cautious and bulls lacking conviction, traders are bracing for what could come next.
Bitcoin Price Slips Below $94K as Bulls Lose Steam
Bitcoin (BTC) is down nearly 3% since Friday’s rejection at $97,700. That level remains a stubborn ceiling. BTC has now dropped back under $94,000 and is trading with a soft tone on Monday
- Support: $91,250 and $90,000
- Resistance: $97,700 and $100,000
- Momentum: Bearish tilt; RSI cooling from 70
If bulls can’t reclaim $95K quickly, the next stop could be $91K — and below that, the $90K handle comes into play. For now, $97,700 remains the breakout trigger on the upside, but that door is firmly shut until buyers return.
Ethereum Price Fails at $1,861 Again
Ethereum (ETH) is stuck below $1,861 — the same level that capped multiple rallies last week. The coin is currently trading around $1,795, having lost momentum after a mid-week spike.
- Support: $1,756 and $1,700
- Resistance: $1,861 and $2,000
- Momentum: Neutral; RSI flat near 52
ETH needs a clear break above $1,861 to retest $2,000, but another failure here could send price back toward $1,700. Below that, $1,449 becomes the bear target.
XRP Struggles Near $2.15 as Sellers Dig In
Ripple’s XRP is under pressure again, hovering just beneath $2.20 after failing to reclaim its 50-day EMA. The price feels stuck, and there’s no urgency from buyers. Every push higher fades fast, while the support at $2.15 is quietly wearing thin.
- Immediate support: $2.15
- If broken: $1.96 is the next likely landing spot
- Upside caps: $2.25, followed by $2.50
The RSI sits around 47, not oversold, not inspiring.