Crypto Markets Hold Key Support Levels Amid Institutional Inflows
Crypto markets are holding key support levels as institutional investors return to the scene, but upside momentum remains capped.
BTC trades above $64,000, but is still beneath a stack of Exponential Moving Averages (EMAs), keeping the near-term tone mildly bearish. The spot price remains above the Bollinger middle band at $63,889, with the Relative Strength Index (RSI) hovering around 52 on the daily chart.
Ethereum tests range limit resistance at the 100-day EMA, backed by institutional capital inflows, while XRP reclaims the pivotal $1.00 support level as the RSI gains momentum toward the midline.