Crypto Market Sees Renewed Selling Pressure as BTC, ETH, XRP Weaken

The cryptocurrency market is facing renewed selling pressure, as evidenced by the four-hour charts of Bitcoin (BTC), Ethereum (ETH), and XRP. The momentum for all three assets has weakened, with limited recovery room available. BTC has slipped below its major exponential moving averages (EMAs), while ETH struggles beneath key averages after rejecting higher levels.

XRP faces even stronger pressure, hovering near the crucial $1 mark. Bitcoin trades near $64,005, unable to sustain a move toward $65,000. The decline pushed BTC beneath its 20, 50, 100, and 200 EMAs, which now form a resistance cluster between $64,209 and $64,537.

The SuperTrend remains bearish at $65,209, keeping short-term momentum tilted lower for Bitcoin. Ethereum trades around $1,876 after sellers rejected the $1,920-$1,940 region. The pullback pushed ETH below its 20, 50, and 100 EMAs.