Crypto Markets Update: BTC Bulls Strengthen, ETH Eyes Breakout

Bitcoin (BTC) and Ethereum (ETH) have shown signs of strength as bulls defend key support levels, while Ripple (XRP) has rebounded mildly after a correction. The Bitcoin price is trading at $64,973, holding above the 50-day Exponential Moving Average (EMA) but still capped by the 100-day EMA and the distant 200-day EMA.

The Relative Strength Index (RSI) around 54 suggests a balanced bias with a slight bullish tilt. The Moving Average Convergence Divergence (MACD) is in positive territory, indicating that buying pressure is rebuilding rather than surging.

Ethereum price trades at $1,918, holding a mild constructive bias as it hovers above the 50-day EMA while still capped by the 100-day EMA. The RSI around 56 hints at steady but not overextended bullish momentum.