BTC Holds 50-Day Support as ETH and XRP Eye Gains
Bitcoin (BTC) is trading near $65,300 on Friday, just above its 50-day Exponential Moving Average (EMA) at $65,145 after a 2.70% decline over the prior two days.
The Relative Strength Index (RSI) for BTC is near 54, indicating steady upward momentum that's not stretched to overbought conditions.
Ethereum (ETH), on the other hand, continues to retrace after failing to break above its 100-day EMA. ETH trades around $1,875, staying above the 50-day EMA at $1,831 but remaining limited beneath the 100-day EMA at $1,938 and the more distant 200-day EMA at $2,187.
XRP is trading below its clustered EMAs, keeping a bearish near-term profile as the price remains below the 50-day, 100-day, and 200-day EMAs. The nearest dynamic resistance for XRP is the 50-day EMA at $1.143.