- Technical outlook: Bitcoin faces short-term resistance:


Bitcoin is currently trading at $80,851, maintaining a positive upward trend as its price holds above the 50-day and 100-day exponential moving averages (EMAs), which are converging around $74,688 and $75,987, respectively. Meanwhile, the 200-day EMA at $82,147 now acts as the next major hurdle, as the Relative Strength Index (RSI) is approaching 68 on the daily chart.

In addition, the positive Moving Average Convergence Divergence (MACD) reading, with a green histogram on the same chart, reinforces ongoing bullish momentum.

Daily chart of the BTC/USDT pair

On the bullish side, immediate resistance is at $81,000, followed directly by the 200-day EMA near $82,147. A clear daily close above these levels would open the door for stronger continuation of the bullish trend. On the bearish side, initial support is located in the pivot range between $78,000 and $80,000, followed by the 100-day EMA around $75,987, and then the 50-day EMA at $74,688 if there is a deeper pullback.

- Technical outlook on alternative coins: Ethereum and XRP show recovery strength.
Ethereum is currently trading at around $2,380, with a slight bullish bias as the price remains above the medium- and short-term moving averages. However, Ethereum’s upside is capped by the 200-day EMA, which is close to $2,549. At the same time, the 100-day EMA, which is around $2,345, and the 50-day EMA, which is around $2,260, sit below the current price, indicating a latent positive trend.

At the same time, the Relative Strength Index (RSI), hovering around 59 on the daily chart, suggests strong bullish momentum but not an overbought condition. The MACD indicator remains slightly negative but is recovering, reinforcing the idea of improving sentiment rather than a firmly established uptrend.

Daily chart of the ETH/USDT pair

On the bullish side, the high supply zone at $2,400 and the 200-day EMA at $2,549 represent the next key resistance levels. Starting a more decisive bullish phase requires daily closes above these two barriers. On the bearish side, initial support is observed at the 100-day EMA around $2,345, while the 50-day EMA is near $2,260, providing stronger support if sellers regain control.

Meanwhile, XRP is trading near $1.41, aligning with the 50-day EMA in the same area. The price of the XRP token remains far below the 100-day EMA at $1.51 and the 200-day EMA at $1.73, limiting the overall trend despite this short-term setup.

At the same time, the Relative Strength Index (RSI) around 53 on the daily chart points to mildly positive momentum; however, the MACD indicator chart stays in the slightly negative zone, suggesting that bullish attempts may still struggle against overhead trend resistance.

Daily chart of the ETH/USDT pair

On the bullish side, initial resistance is seen at $1.45, followed by the reference descending trendline near $1.50, and the 100-day EMA at $1.51—all of these levels together form an important supply range that buyers need to break through to improve expectations. On the bearish side, the 50-day EMA at $1.41 provides immediate support. A sustained break below this level would expose XRP to renewed selling pressure, reinforcing its alignment with the prevailing medium-term downtrend.
$BTC
$ETH
$XRP
BTC1.38%
ETH0.55%
XRP1.28%
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GateUser-52a09b09
· 1h ago
Done
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