Crypto Prices Steady After Significant Drop

The price of Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) has steadied following a significant drop in the previous week. BTC traded at $63,265 on Monday, below key resistance levels, while ETH consolidated between its 50-day and 100-day Exponential Moving Averages (EMAs). XRP held above its key support zone.

The dense overhead EMA stack suggests rallies remain corrective for Bitcoin. The Relative Strength Index (RSI) at 46 leans slightly bearish, and the Moving Average Convergence Divergence (MACD) stayed below zero with a negative reading, hinting at persistent downside pressure.

Ethereum's price traded at $1,870 on Monday, capped below its 100-day and 200-day EMAs. The RSI sat near neutral 51, while the MACD remained below zero, suggesting downside pressure was not yet fully exhausted.