Crypto World: Ups and Downs
The world of cryptocurrencies has been buzzing with news lately. President Trump wants the US to have a crypto reserve, including Bitcoin, Solana, XRP, and more[3]. But even with this big news, Bitcoin, Ethereum, and XRP have had their ups and downs. Let’s look at how these cryptocurrencies are doing now and what people think their prices will do.
Bitcoin: The Big Guy’s Rollercoaster Ride
Bitcoin, often called the leader of the crypto world, has had a wild ride. It tried to go above $95,000 but then fell below $85,000. But it came back and closed above $85,000, which is an important level[5]. A thing called the Relative Strength Index (RSI) shows that there’s a bit of bearish momentum, but if Bitcoin stays above $85,000, it could try to go back up to $95,000[5]. But if it closes below $85,000, it might fall to around $73,000[5].
Ethereum: Ready for a Comeback?
Ethereum found support at $2,125 and went up a lot before losing some of its gains[5]. If it stays above $2,125, it could keep going up towards $3,000[5]. The RSI shows that there’s some bearish momentum, but if it goes above the middle line, it could start a bullish trend[5]. If Ethereum falls below $2,125, it might go back down to its weekly support at $1,905[5].
XRP: Testing a Big Level
XRP is trying to break through a big resistance level against Ethereum[1]. If it goes above 0.0012 ETH, it could have a big rally[1]. On the USD chart, XRP is trying to go above $2.79, and if it does, it might keep going up[5]. People are watching XRP’s performance against Ethereum and hoping it will do better than Ethereum in the next few months[1].
Crypto’s Future: Bumpy but Full of Promise
Even though Bitcoin, Ethereum, and XRP have had their ups and downs, the crypto world is still full of energy and potential. The upcoming White House Crypto Summit and President Trump’s plan for a crypto reserve will probably shape the future of digital currencies[5]. As XRP tests a big level, Bitcoin and Ethereum fight to stay above important zones, everyone is waiting to see what happens next. Will these cryptocurrencies overcome their challenges and start growing again? Only time will tell.
Sources: The Crypto Basic, Namecoin News, Quorum Report, Hawaii Bio, FX Street
