Market Overview: Three Coins Approaching Decision Points
As of now, the crypto market shows a stable trend, with Bitcoin, Ethereum, and Ripple each performing a “horizontal handle” tug-of-war at their respective critical technical levels. These decisive price levels will directly influence whether the short-term rebound can continue. Market participants are closely watching whether these three major coins can effectively break through and maintain daily closes above resistance levels.
Bitcoin: Approaching Downtrend Line After Fibonacci Rebound
Real-time Data Update: Bitcoin current price $91.34K, 24-hour change +1.78%
Bitcoin found support at the 78.60% Fibonacci retracement level of $85,869 on Thursday, then continued to rebound by 3.67% over the next three days. Entering Monday, BTC is approaching a downtrend line connecting multiple highs since October 6 — a key level for bulls to open upward space.
If BTC can break through and settle above $90,000 with a daily close, the next rebound target will be the secondary resistance at $94,253. From a technical perspective, RSI is at 45, approaching the neutral level of 50, indicating bearish momentum is waning; more importantly, MACD showed a bullish crossover on Saturday, further reinforcing the rebound expectation.
Conversely, if a correction occurs, $85,569 will serve as a critical support level.
Ethereum: $3,017 Level as a Handle to Decide Future Direction
Real-time Data Update: Ethereum current price $3.15K, 24-hour change +1.39%
Ethereum rebounded after support near the downtrend line, with a three-day gain approaching 6%, currently nearing the daily level of $3,017. This level is crucial for bulls — a daily close above it would open an upward channel extending to the December 10 high of $3,447.
Regarding technical indicators, RSI is at 47, also near neutral, suggesting weakening bearish momentum; MACD lines are gradually converging, and a bullish crossover will further confirm the rebound strength.
If bulls fail, support will shift to the key level at $2,749.
Ripple: Breakthrough of $1.96 Confirming Re-ignition of Bullish Trend
Real-time Data Update: Ripple current price $2.12, 24-hour change +5.63%
XRP found support at the lower boundary of the descending wedge pattern on Friday, then slightly rebounded into Monday. It is now approaching the daily resistance at $1.96 — a breakout here will confirm the authenticity of bullish momentum.
If XRP successfully closes above $1.96 on a daily basis, the rebound could extend to the 50-day EMA at $2.13. Notably, MACD showed a bullish crossover on Monday, although RSI is only at 42 (still below neutral), indicating early buying signals.
On the downside, Friday’s low at $1.77 will serve as the main support during correction.
Summary: Critical Moment Tests Bulls’ Resolve
All three coins are at technical critical points, and their breakthroughs or failures will determine whether the short-term rebound can deepen. BTC, ETH, and XRP are all at key “horizontal handle” levels; a strong daily close will be a sign of bullish control. Investors should closely monitor these decisive price levels, as they will directly impact subsequent upward momentum.
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Technical Confrontation: The Battle to Break Through the Three Key Levels of Bitcoin, Ethereum, and Ripple
Market Overview: Three Coins Approaching Decision Points
As of now, the crypto market shows a stable trend, with Bitcoin, Ethereum, and Ripple each performing a “horizontal handle” tug-of-war at their respective critical technical levels. These decisive price levels will directly influence whether the short-term rebound can continue. Market participants are closely watching whether these three major coins can effectively break through and maintain daily closes above resistance levels.
Bitcoin: Approaching Downtrend Line After Fibonacci Rebound
Real-time Data Update: Bitcoin current price $91.34K, 24-hour change +1.78%
Bitcoin found support at the 78.60% Fibonacci retracement level of $85,869 on Thursday, then continued to rebound by 3.67% over the next three days. Entering Monday, BTC is approaching a downtrend line connecting multiple highs since October 6 — a key level for bulls to open upward space.
If BTC can break through and settle above $90,000 with a daily close, the next rebound target will be the secondary resistance at $94,253. From a technical perspective, RSI is at 45, approaching the neutral level of 50, indicating bearish momentum is waning; more importantly, MACD showed a bullish crossover on Saturday, further reinforcing the rebound expectation.
Conversely, if a correction occurs, $85,569 will serve as a critical support level.
Ethereum: $3,017 Level as a Handle to Decide Future Direction
Real-time Data Update: Ethereum current price $3.15K, 24-hour change +1.39%
Ethereum rebounded after support near the downtrend line, with a three-day gain approaching 6%, currently nearing the daily level of $3,017. This level is crucial for bulls — a daily close above it would open an upward channel extending to the December 10 high of $3,447.
Regarding technical indicators, RSI is at 47, also near neutral, suggesting weakening bearish momentum; MACD lines are gradually converging, and a bullish crossover will further confirm the rebound strength.
If bulls fail, support will shift to the key level at $2,749.
Ripple: Breakthrough of $1.96 Confirming Re-ignition of Bullish Trend
Real-time Data Update: Ripple current price $2.12, 24-hour change +5.63%
XRP found support at the lower boundary of the descending wedge pattern on Friday, then slightly rebounded into Monday. It is now approaching the daily resistance at $1.96 — a breakout here will confirm the authenticity of bullish momentum.
If XRP successfully closes above $1.96 on a daily basis, the rebound could extend to the 50-day EMA at $2.13. Notably, MACD showed a bullish crossover on Monday, although RSI is only at 42 (still below neutral), indicating early buying signals.
On the downside, Friday’s low at $1.77 will serve as the main support during correction.
Summary: Critical Moment Tests Bulls’ Resolve
All three coins are at technical critical points, and their breakthroughs or failures will determine whether the short-term rebound can deepen. BTC, ETH, and XRP are all at key “horizontal handle” levels; a strong daily close will be a sign of bullish control. Investors should closely monitor these decisive price levels, as they will directly impact subsequent upward momentum.