Crypto Market Shows Resilience as Bitcoin, Ethereum, and XRP Hold Bullish Structures
Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) continue to show bullish structures despite signs of slowing short-term momentum. According to recent data, all three assets remain above their respective major exponential moving averages (EMAs).
For Bitcoin, this means holding its position above $87,379 as well as the 20-, 50-, 100- and 200-day EMAs at $82,585, $78,358, $74,703 and $74,519 respectively. Ethereum stays above key EMAs while facing a weakening momentum that puts support at $2,637 in focus.
XRP remains bullish above $1.5167 but is experiencing fading momentum, which could test support at $1.4691.