Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC takes a breather, ETH faces pullback, XRP consolidates 

Source Fxstreet
  • Bitcoin pulls back, trading below $83,600 on Monday after gaining over 4% the previous week.
  • Ethereum extends its losses, trading below $2,700 after mild gains last week.
  • XRP pauses its rally and consolidates around $1.500 as traders assess its move.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) take a breather at the start of the week on Monday after their recent gains last week. BTC pulls back, trading below $83,600 while ETH extends its losses, trading below $2,700, and XRP consolidates around $1.500. The price action of these top three cryptocurrencies suggests a mild pullback or consolidation as traders assess their next direction.

Bitcoin consolidates below recent highs

Bitcoin price trades at $83,566 on Monday, facing a slight pullback after rallying over 4% last week. Despite the correction, BTC maintains a bullish near-term bias as it holds well above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between roughly $73,900 and $77,300.

The Relative Strength Index (RSI) around 61 stays in bullish territory without being overbought, while the Moving Average Convergence Divergence (MACD) indicator has cooled but remains slightly positive, hinting at constructive but moderating upside momentum as BTC consolidates below recent highs.

On the topside, immediate resistance sits at the horizontal barrier near $85,000, where fresh supply could emerge if bulls try another push higher. 

On the downside, initial support is at the current price area, with stronger technical demand expected near the 50-day EMA at $77,323, followed by the 100-day and 200-day EMAs at $73,931 and $74,253, respectively. At the same time, deeper pullbacks would likely target the previously established horizontal floors at $66,500 and $62,300.

BTC/USDT daily chart

Ethereum slips below $2,700

Ethereum price trades at $2,652 on Monday, holding a bullish near-term bias as it remains comfortably above the 50-day, 100-day and 200-day EMAs clustered between roughly $2,260 and $2,430.

The RSI at 59 leans positive without entering overbought territory. At the same time, the MACD has slipped marginally negative, hinting at a loss of immediate upside momentum rather than a structural deterioration as long as price stays above these underlying EMAs.

On the downside, initial support emerges at the recent pivot area around $2,500, reinforced by the 50-day EMA at $2,425, with deeper demand layers seen near the 100-day EMA at $2,265 and the 200-day EMA at $2,259; below these, broader structural floors sit at $2,000 and $1,385. 

On the topside, the next notable resistance aligns with the psychological $3,000 barrier, where a sustained break would reopen the path for a continuation of the medium-term uptrend.

ETH/USDT daily chart

XRP takes a breather after recent gains

XRP price trades at $1.500 on Monday after gains of over 7.5% in the previous week. XRP holds above the 50-day and 200-day EMAs, currently around $1.361 and $1.368, reinforcing a bullish near-term bias while keeping the 100-day EMA near $1.304 as a deeper trend floor.

Momentum is constructive, with the RSI hovering near 57 and the MACD line holding in positive territory, hinting that buyers retain control despite the recent consolidation.

On the downside, immediate support sits at the psychological and structural area around $1.500, ahead of a dense demand cluster formed by the 50-day and 200-day EMAs between $1.360 and $1.370, with additional medium-term support near the $1.304–$1.300 zone and a more distant base at $1.000.

On the topside, the next significant hurdle is the horizontal resistance at $1.900, and a sustained break above this barrier would open the path for a renewed advance toward higher levels in the broader uptrend.

XRP/USDT daily chart

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

Cryptocurrency prices FAQs

Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.

A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.

Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.

Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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