Bitcoin Price Shows Signs of Recovery
Bitcoin's price has recently bounced off the key support level of $92,606, indicating a potential recovery. Currently trading around $97,000, if this support holds, BTC might aim for the $100,000 mark, with a successful close above it potentially leading to a rally towards its all-time high of $108,353.
BTC/USDT daily chart
Ethereum Approaches Key Resistance
Ethereum is currently consolidating between $3,245 and $3,522. Trading at $3,461, a breakthrough above $3,522 could signal an extension towards the $4,000 psychological level. However, if it falls below $3,245, it may retest the next support level at $3,000.
ETH/USDT daily chart
Ripple's Potential for Upward Momentum
Ripple is currently trading at $2.45 and is poised within a symmetrical triangle formation. A breakout above the $2.56 level could target $3.63. The RSI at 61 suggests bullish momentum, while the MACD indicates an upward trend.
XRP/USDT daily chart
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