Bitcoin (BTC) price is attempting to stabilize near the $84,000 level after retreating from last week’s recovery high. Ethereum (ETH) and Ripple (XRP), however, are starting to show renewed bearish pressure, with both tokens slipping closer to key technical breakdown zones.
Bitcoin’s bullish momentum faded after failing to reclaim $90,000 earlier this week. Price has since pulled back but is attempting to hold the $84K handle, which remains a technical pivot. The MACD shows a weak bullish crossover, but volume and RSI suggest indecision.
The broader structure remains intact as long as BTC holds $80K. A breakdown below this level, however, could expose the $75K—$72K range, triggering risk-off across altcoins.
Ethereum is showing classic signs of a fading bounce. Price action remains capped below $2,150, and recent daily candles show lower highs—a bearish sign. The RSI is nearing oversold, but momentum remains weak, with MACD in negative territory.
A break below $1,880 would complete a descending triangle pattern, opening downside toward $1,756. Bulls must reclaim $2,150 to flip the short-term structure.
XRP continues to consolidate below key resistance with weakening on-chain and technical momentum. Its market cap has slipped to $127.75B, and price remains stuck in a range. MACD is widening to the downside, and RSI is in a gradual downtrend.
Failure to hold the $120B zone would likely trigger a sharp drop toward $100B. Without a legal or ecosystem catalyst, XRP’s technical setup favors bears.
Bitcoin is giving the crypto market breathing room by holding above $84K, but Ethereum and Ripple are showing early signs of breakdown setups. If BTC remains range-bound without a strong bounce, ETH and XRP may drag the broader market lower.
April is shaping up to be a directional month. Either Bitcoin leads a relief rally back toward $90K—or it fails, and altcoins capitulate first.
This post was last modified on Mar 28, 2025, 15:07 GMT 15:07