🚦 BTC Stalls, ETH Eyes $4K, XRP Rebounds — Who’s Leading th
Packer777
Updated at: 7 hours ago
{"content":"🚦 BTC Stalls, ETH Eyes $4K, XRP Rebounds — Who’s Leading the Next Breakout?
Bitcoin has been stuck in a tight range between $116,000 and $120,000 for nearly two weeks, reflecting market indecision. Meanwhile, Ethereum has broken a key resistance and is pushing toward $4,000, and XRP is showing signs of a bounce after retesting support.
🔹 BTC Consolidation Continues
Bitcoin hit a new all-time high of $123,218 on June 14 but has since moved sideways between $116K–$120K. It’s currently trading near $119,400 — close to the top of this range.
• A daily close above $120K could open the door for a move back to $123,218.
• A dip below $116K could trigger a retest of the 50-day EMA near $112,350.
🔹 Ethereum Targets $4,000
ETH bounced from $3,500 support last Thursday and rallied over 8%, closing above $3,730 on Sunday. It now trades above $3,800.
• If the momentum holds, ETH could reach the $4K milestone.
• In case of a pullback, $3,730 serves as key support.
🔹 XRP Shows Strength After Retest
XRP dropped 11% last week after slipping below the $3.40 level but found footing at $2.99 — the 61.8% Fibonacci retracement. It’s now trading near $3.25 after a weekend bounce.
• Continued upward pressure could take it back to $3.40 resistance.
• A close below $2.99 could lead to a deeper pullback toward $2.72 support.
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