Bitcoin Rebounds as Cardano Leads Crypto Gains on October 5
Bitcoin (BTC) is approaching key resistance levels as it rebounds from recent lows. On October 4, 2026, Bitcoin opened at $84,743, peaking at $86,737 before closing at $86,515, marking a 2.09% advance. The cryptocurrency remains within a tight range, with resistance between $87,086 and $87,330. The Moving Average Convergence Divergence (MACD) indicator shows improving short-term momentum, but a confirmed breakout requires a daily close above $87,330.
Ethereum (ETH) also saw gains, closing October 4 at $2,726.64 after a 1.48% daily rise. The price remains above the midline of its daily Bollinger Bands, suggesting a constructive setup. A daily close above $2,737, $2,768 could push Ethereum toward $2,787, $2,804, while a drop below $2,635 would weaken the structure.
XRP reclaimed its 20-day moving average, closing at $1.52 after a 2.01% gain. The cryptocurrency needs a daily close above $1.56 to confirm a breakout, with potential targets at $1.61 and $1.66. A close below $1.45 would invalidate the recovery, exposing $1.41 and $1.37.
Sui (SUI) advanced 2.54% on October 4, closing at $1.21. The price has held above the first Fibonacci retracement level at $1.1450, but resistance remains at $1.26, $1.29. A daily close above $1.29 would confirm a breakout, shifting focus to $1.4571.
Cardano (ADA) led the gains with a 6.40% rise on October 4, closing at $0.259507. The Relative Strength Index (RSI) improved to 64.48, but a confirmed breakout requires a daily close above $0.2679. A reversal below $0.2585 would weaken the structure, while a drop below $0.2425 would expose $0.237, $0.230.