Price prediction for the top 3 cryptocurrencies: BTC, ETH, and XRP enter a sensitive phase at key technical levels

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are hovering around key technical levels in Monday’s trading session, following a mild correction last week. The three largest market cap cryptocurrencies are facing the risk of deeper downward pressure as signals indicate negative momentum is gradually accumulating across multiple important indicators. In this context, investors and traders are paying close attention to decisive support zones to look for signs of stability returning or warnings of a potentially sharper correction ahead.

Bitcoin Cannot Close Above the Downtrend Line

Bitcoin’s price encountered strong selling pressure at the downtrend line — formed by connecting the peaks since early October — last week. Notably, this trend line coincides with the 61.8% Fibonacci retracement level at $94,253 ( measured from the April low of $74,508 to the all-time high of $126,199 recorded in October ), creating a critical resistance zone. As of Monday, BTC is fluctuating around the $89,000 mark.

In a continued correction scenario, Bitcoin could extend its decline toward the next significant support at $85,569, corresponding to the 78.6% Fibonacci retracement level.

btc-eth-xrpDaily BTC/USDT Chart | Source: TradingViewFrom a technical perspective, the Relative Strength Index (RSI) on the daily timeframe is at 43, below the neutral 50 level, reflecting mounting downward pressure. Meanwhile, the MACD indicator lines are converging; a bearish crossover could further reinforce the market’s negative outlook.

Conversely, if Bitcoin successfully breaks above the downtrend line and closes firmly above the resistance at $94,253, the price may extend its recovery, heading toward the important psychological level of $100,000.

Ethereum Corrects After Rejection at the 50-Day EMA

Ethereum’s price failed to break through and close above the 50-day Exponential Moving Average (EMA) at $3,280 on Wednesday, before reversing sharply, declining by 7.62% through Sunday. On Monday, ETH continued to trade around $3,100, reflecting cautious market sentiment.

In a negative scenario, if ETH weakens further and closes below the daily support zone at $3,017, selling pressure could intensify, pushing the price lower toward the next support area around $2,749.

Daily ETH/USDT Chart | Source: TradingViewFrom a technical standpoint, the RSI on the daily timeframe is at 49 and has fallen below the neutral 50, signaling early signs of bearish momentum. Additionally, the MACD lines are approaching each other; a bearish crossover would further strengthen the negative outlook.

On the other hand, if buying interest resumes, ETH could extend its rebound and challenge the 50-day EMA again at around $3,280.

XRP May Extend Decline if Closing Below Support at $1.96

XRP experienced its second consecutive week of decline, dropping 3.22% and testing a key daily support zone around $1.96 on Sunday. On Monday morning, the coin traded around $1.99, indicating cautious buying at the lows.

In a negative scenario, if XRP closes below the $1.96 support level, selling pressure could increase, leading to a deeper slide toward the next support zone at $1.77.

Daily XRP/USDT Chart | Source: TradingViewFrom a technical perspective, the RSI on the daily timeframe remains around 40, below the neutral 50, reflecting that bearish momentum still dominates. Meanwhile, the MACD lines are gradually converging, indicating the market is entering a state of indecision, as investors remain hesitant to commit to a clear trend.

Conversely, if the $1.96 support remains intact, XRP could rebound and extend its upward move toward the important daily resistance at $2.35.

BTC-3.99%
ETH-5.62%
XRP-6.51%
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