Crypto Bulls Push Bitcoin Ethereum Ripple to New Heights
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have extended their upward momentum into Monday, continuing a multi-week rally that began in mid-September. Bitcoin is trading at $86,722, with key support levels at $85,000, $79,206, and deeper structural levels around $66,500 and $62,300. The Relative Strength Index (RSI) near 69 indicates overbought conditions, while the Moving Average Convergence Divergence (MACD) suggests that upside momentum may be losing traction.
Ethereum is currently priced at $2,730, holding above critical support levels at $2,500, $2,493, and $2,290. The RSI at 64 remains in bullish territory but shy of overbought, with the MACD hinting at moderating upside after the recent rally. Immediate resistance is seen at $2,800, with the psychological $3,000 level acting as a medium-term cap.
Ripple is trading at $1.525, maintaining a bullish near-term bias above support levels at $1.395, $1.380, and $1.329. The RSI at 59 stays positive without reaching overbought levels, while the MACD suggests upward momentum is consolidating. Resistance is identified at $1.671 and $1.900, with a sustained break above these levels needed for a fresh bullish extension.