Bitcoin price pushed through resistance at $91,252 on Wednesday, trading near $93,690 at the time of writing. The rally follows a sharp two-day gain, with bulls now eyeing a break above $93k; the next major psychological barrier is 100k.
On-chain metrics back the move. Funding rates are rising, and long positions are climbing. RSI has surged to $67.69, showing elevated momentum. MACD has flipped bullish.
Etherem price jumped to $1,811.61 today, extending its recovery from the $1,417 zone. The move tracks on-chain usage, with over 1 million active wallets registered in just 7 days, according to the new data.
The bulls reclaimed the $1,756 mark, with RSI now at 56.47 and MACD crossing into green territory. If momentum holds, ETH could retest $1,996 and even push towards $2.150.
A failure to hold above $1,756 may expose ETH back to $1,417 support.
XRP price rose to $2.47 on Wednesday, clearing short-term resistance after bouncing off the $2.11 zone earlier in the week. Whale accumulation has resumed. Large XRP holders are buying more in the last three sessions.
RSI sits at 59.06, and MACD remains positive, suggesting a possible push towards $2.72 if volume builds. Above that,$ 2.89 caps the next major upside move.
Support lies at $2.21, then 1.94 if sentiment cools.
Bitcoin is holding above support. Ethereum has room to climb. XRP is approaching resistance. All three are in breakout territory. However, confirmation will depend on volume and follow-through. The next 48 hours will be critical.
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This post was last modified on Apr 29, 2025, 12:17 BST 12:17