Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) each saw modest recoveries with brief upward movements on Thursday.
Bitcoin 's price retests the key resistance zone at $62,066, and rejection may continue to drive its downtrend. Ethereum 's price experiences a brief rise before a potential downtrend continues. Ripple 's price retests its daily resistance level at $0.643; failure to close above this level could result in a price decline. Bitcoin , Ethereum , and Ripple each saw modest recoveries with brief upward movements on Thursday.
However, after testing the weekly support at $2,118, it rebounded with a 10.68% increase from Tuesday to Thursday. As of Friday, it is trading slightly lower at $2,668, down 0.3%. If ETH continues to recover, it may encounter resistance around the 50% retracement level at $2,843 . This level closely aligns with the daily resistance at $2,927, making it a crucial area to monitor for potential reversal.
Ripple Cryptocurrencies Technical Analysis Ethereum
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