BTC, ETH, XRP Prices Extend Gains Ahead of US NFP Report

Cryptocurrency prices are showing strength as traders await the US Nonfarm Payrolls (NFP) report for their next directional catalyst. Bitcoin trades above $80,800 after gaining more than 4% this week, while Ethereum has broken above the $2,500 resistance level and closed above the key barrier.

XRP is also showing strength after finding support at a key level earlier in the week, keeping the near-term outlook cautiously bullish ahead of the key US jobs data.

For Bitcoin, 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 a 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.

Ethereum could extend gains as it holds above the 50-day, 100-day, and 200-day EMAs. The horizontal support drawn near $2,500 now sits just below spot, reinforcing a near-term floor. On the topside, the next significant resistance level comes at the horizontal barrier near $3,000.

XRP holds a bullish near-term bias as price extends well above the 50-day, 100-day, and 200-day EMAs. The RSI eases from overbought territory toward the mid-60s, suggesting bullish momentum is moderating rather than reversing, while the MACD hovers slightly negative.