|

Can Ethereum (ETH) or XRP withstand the fall of Bitcoin (BTC)?

The new week has begun with a bearish mood on the cryptocurrency market as most of the coins are in the red zone.

Chart

Top coins by CoinMarketCap

BTC/USD

On Saturday, the pair recovered to the average price area, and on Sunday, the Bitcoin (BTC) price tested the line of the local down trend. On small volumes, buyers could not overcome this resistance, and the price returned to the monthly minimum zone.

BTC

BTC/USD chart by TradingView

There was no strong pressure from the bears, and they were unable to test the $30,595 level. Over the past night, the pair recovered to the area of ​​the two-hour EMA55, trying to break through the down-trend line. But trading volumes are still below average, and small purchases do not allow the price of BTC to get out of the descending channel.

If the bulls form a bullish momentum, they may overcome the resistance of the trend line and consolidate in the point of control area ($32,794) of the Volume Profile indicator.

Bitcoin is trading at $30,724 at press time.

ETH/USD

On Saturday, Ethereum (ETH) consolidated in the area of average prices, and on Sunday, buyers formed a fairly strong bullish momentum and tried to test the psychological level of $2,000.

ETH

ETH/USD chart by TradingView

However, the retaliatory bearish blow knocked the Ether price below the two-hour EMA55. Over the past night, sellers returned the pair to the support area of $1,860 at low volumes. In this case, a decline to the support at $1,730 is the most likely scenario at the moment.

Ethereum is trading at $1,811 at press time.

XRP/USD

On Saturday, the XRP price was trying to recover, and on Sunday morning, buyers were able to test the two-hour moving average EMA55. Buyers were unable to overcome this resistance around $0.60 and, during the day, the pair retraced slightly.

XRP

XRP/USD chart by TradingView

Bears have seized the initiative in the mid-term projection and may continue the decline to the vital mark of $0.50.

XRP is trading at $0.5564 at press time.


Read full original article on U.Today

Author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis.

More from Denys Serhiichuk
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.