Bearish Signals Weigh on Top Three Cryptocurrencies

The top three cryptocurrencies - Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) - are under pressure due to early bearish signals from momentum indicators.

Bitcoin is trading at $77,249 after a mild correction the previous day, but its near-term bias remains bullish as it holds above key Exponential Moving Averages (EMAs).

The Moving Average Convergence Divergence (MACD) has slipped back toward the signal line and turned slightly negative, hinting at some loss of upside momentum.

Ethereum, trading at $2,407, faces rejection near $2,500, but holds a constructive near-term bias as price trades firmly above key EMAs.

XRP is consolidating below key support, keeping the outlook cautious for the cryptocurrency.