Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP await US NFP for next directional move

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  • Bitcoin trades around $80,800 on Friday, up over 4% as traders await the US NFP report for fresh market cues.

  • Ethereum closes above the $2,500 resistance level, signaling further gains.

  • XRP gains more than 6% so far this week after finding support around the 200-day EMA at $1.352.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) extend their weekly gains on Friday as traders await the US Nonfarm Payrolls (NFP) report for the next directional catalyst. BTC trades above $80,800 after gaining more than 4% this week, while ETH has broken above the $2,500 resistance level and closed above the key barrier. XRP is also showing strength after finding support at the key level earlier this week, keeping the near-term outlook cautiously bullish ahead of the key US jobs data.

Bitcoin heading toward the $85,000 resistance

Bitcoin price trades at $80,856 on Friday, holding a firm bullish bias as it extends well above the key exponential moving averages (EMAs). The 50-day EMA at $71,126, the 100-day EMA at $69,696 and the 200-day EMA at $72,539 all sit comfortably below spot, suggesting a well-supported uptrend despite the recent overbought reading in the Relative Strength Index (RSI) around 71.

The Moving Average Convergence Divergence (MACD) remains positive, suggesting bullish momentum persists, albeit less explosively than during the prior leg higher.

On the topside, immediate resistance emerges at the horizontal barrier near $85,000, where fresh supply could test buyers’ conviction after the sharp advance. 

On the downside, initial demand is expected around the clustered EMA zone, with the 200-day EMA at $72,539, the 50-day EMA at $71,126 and the 100-day EMA at $69,696 providing layered dynamic support on pullbacks. Below that, horizontal supports at $66,500 and $62,300 mark deeper retracement levels that would need to give way to undermine the broader bullish structure.

Ethereum could extend gains as it closes above the $2,500 mark

Ethereum price trades at $2,504 on Friday, maintaining a constructive bullish bias as it holds above the 50-day, 100-day, and 200-day EMAs at roughly $2,155, $2,070, and $2,175, respectively. 

The horizontal support drawn near $2,500 now sits just below spot, reinforcing a near-term floor. At the same time, the RSI around 67 suggests strong but not yet extreme upside momentum, even as the MACD has rolled over, hinting at waning short-term impulse within an overall supported structure.

On the downside, immediate support is anchored at the $2,500 zone, with deeper demand layered at the cluster of EMAs between roughly $2,155 and $2,175, followed by the 100-day EMA near $2,070 and then the psychological $2,000 handle; below that, a more distant structural base stands around $1,385.

On the topside, the next significant resistance level comes at the horizontal barrier near $3,000, and a sustained break above that zone would be needed to reopen the path toward higher highs beyond the current daily range.

XRP extends gains after holding the 200-day EMA

XRP trades at $1.442 on Friday and holds a bullish near-term bias as price extends well above the 50-day, 100-day, and 200-day EMAs, which cluster between roughly $1.230 and $1.350 and now act as layered dynamic support. 

The RSI eases from overbought territory toward the mid‑60s, suggesting bullish momentum is moderating rather than reversing, while the MACD hovers slightly negative, hinting at a nascent consolidation phase after the recent vertical run.

On the downside, initial support emerges at the 200-day EMA around $1.352, reinforced by horizontal support at $1.300, with deeper demand seen near the confluence of the 50-day and 100-day EMAs just above $1.230 and the psychological $1.000 handle further below.

On the topside, the next notable resistance sits at the horizontal barrier near $1.900, and a sustained break above this level would be needed to reopen the path toward fresh highs and extend the prevailing uptrend.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Read more

  • US August Nonfarm Payrolls Preview: Will the Labor Market Quell Fed Rate Hike Expectations? US Stocks, Dollar, and Gold Face Key Test
  • * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

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