The cryptocurrency market opened the week with a bullish tone, fueled by renewed optimism over U.S.–China trade talks and improved risk appetite across global markets. The Top 3 cryptocurrencies, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), all extended last week’s gains, with Bitcoin surpassing $115,000 while Ethereum and XRP posted solid rallies. As traders shift focus to upcoming U.S. inflation data, the technical outlook for these leading digital assets signals the potential for a continued upward trend in the near term.
The price of Bitcoin rose by more than 3% in the past 24 hours to trade near $115,171, lifted by renewed optimism in global risk assets after progress in U.S.–China trade discussions boosted investor confidence. BTC has regained major ground above the 50-day Exponential Moving Average (EMA) and is now challenging a key resistance near $115,500.
The tight volatility between $113,000 and $115,500 over the past week indicates growing momentum as BTC tests the critical breakout point toward $120,000. A breakout and daily close above $115,500 could open the path toward the psychological $120,000 level, while a failure to clear this resistance may see BTC retreat toward the $113,000–$112,000 support zone, aligned with the 50-day EMA.
Momentum indicators remain favorable: the RSI holds above 54, signaling continued buying strength, while a bullish MACD crossover reinforces the potential for extended upside.
Bitcoin’s momentum also sets the tone for the broader Top 3 cryptocurrencies, with Ethereum and XRP reflecting similar bullish setups on their charts.
Among the Top 3 cryptocurrencies, Ethereum shows one of the strongest technical recoveries, supported by solid on-chain demand. Ethereum price rose 6.7% to $4,167. The resulting risk appetite has allowed the inflow of capital into the Ethereum ecosystem, specifically in DeFi and staking protocols, which strengthens its role as one of the most powerful blockchain platforms.
ETH is now well supported at around $3,689 which is a major technical support level that also happens to be the 61.8% retracement of its earlier rally between May and July. It has since recovered the 50-day EMA at $4,129 indicating a fresh bullish bias.
The upward trend of Ethereum will rely on the ability to stay above hold above the $4,129 level. A close higher than $4,232 a day may open the door to $4,480–$4,500. A loss of support at the EMA, however, would expose the next major level around $3,700.
The RSI remains comfortably above 50, and the bullish MACD crossover reinforces the technical indication of rising momentum, in synergy with the rising macro environment.
Ripple’s XRP extended its upward momentum this week, trading around $2.62 after gaining nearly 10% in the previous week, when prices likely ranged between $2.35 and $2.40. That move represented roughly a 9–11% weekly rise, signaling renewed buying interest and growing market confidence, further lifted by Eric Trump’s recent pro-crypto remarks highlighting blockchain’s mainstream momentum.
XRP now trades firmly above the 200-day EMA, testing resistance near $2.69. A confirmed daily close above that level could lift prices toward the $3.20–$3.40 range, reinforcing the bullish technical setup seen since early October. If the breakout fails, short-term support is expected around $2.30.
Buyers continue to step in as Ripple’s expanding institutional partnerships, clear U.S. regulatory standing, and growing recognition from prominent figures underscore its long-term relevance in global finance. This alignment between innovation and adoption remains a driving force behind XRP’s upward momentum.
Together, the Top 3 cryptocurrencies, Bitcoin, Ethereum, and Ripple, continue to demonstrate market resilience, drawing strength from improving macro sentiment and technical confirmation.
The improving U.S.- China trade climate has boosted investor confidence, encouraging risk-on flows back into digital assets.
While near-term corrections remain possible, the broader market narrative supports a constructive outlook heading into November. Traders appear to be positioning not just for technical breakouts but for a continued alignment between global macro optimism and digital asset resilience.
Top Crypto Prediction FAQs
A tight consolidation between $113K and $115.5K signals building momentum; a breakout above $115.5K could push BTC toward $120K.
Holding above the key moving average maintains Ethereum’s bullish market structure, with upside potential supported by improving momentum and steady buying pressure.
A close above $2.69 may confirm a breakout toward $3.20–$3.40, driven by renewed institutional confidence and positive sentiment.
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This post was last modified on Oct 27, 2025, 14:58 GMT 14:58