{"content":"BTC, ETH & XRP Collapse Below Support Zones — Bears Tighten Their Grip Bitcoin price falls below the climbing trendline, signifying a negative market. Ethereum falls below $4,232, with bears targeting $4,000. XRP closes below its 50-day EMA at $2.93, indicating additional decline. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) fell below critical support zones this week as the slump worsens. BTC fell below its upward trendline, while ETH fell below the crucial threshold, targeting $4,000. All three leading currencies indicated more negative pressure as XRP fell below its 50-day Exponential Moving Average (EMA) at $2.93. Bitcoin falls below rising trendline, restructures market Bitcoin price fell below $116,300 to start the week and below an ascending trendline linking successive lows since early April on Tuesday. BTC also fell below the 50-day EMA at $114,903. It improves somewhat at $113,400 on Wednesday. BTC may fall to $111,980 if it continues its decline. BTC may rebound to its daily level of $116,000 if it does. Ethereum momentum indicators are poor. Ethereum hit a new annual high of $4,788 last Thursday, but it fell over 14% in the next five days till Tuesday. On Wednesday, it trades about $4,132. Daily resistance at $4,232 might prolong the drop to $3,946, its next critical support. However, ETH might rise to record highs of $4,488 if it rebounds and closes above daily resistance at $4,232. XRP falls below critical level, indicating additional correction. On August 14, Ripple's XRP was rejected at $3.40 and fell almost 12% in the following five days, ending below the 50-day EMA at $2.93 on Tuesday. On Wednesday, it was roughly $2.88. As XRP corrects, it may fall below $2.72, its next support level. Alternatively, XRP might rebound to its daily resistance at $2.99. #BTC #ETH #xrp $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/6d90003911004e22b2b90fbccd4e561c.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}