The digital asset landscape shows contrasting momentum among major cryptocurrencies as XRP consolidates near key levels while Ethereum gains and Bitcoin faces headwinds.
XRP is stabilizing around the psychologically significant $3 price barrier, displaying strong underlying demand evidenced by on-chain volume activity. With a Relative Strength Index (RSI) near 80 indicating intense buying pressure, traders are monitoring whether the asset can achieve a decisive close above the $3.02 resistance level to confirm a bullish breakout.
Ethereum continues its upward trajectory after successfully breaching the $3,000 resistance threshold, fueled by growing trading volume and positive market sentiment. Technical analysis reveals limited obstacles ahead until the $4,000 zone, while the asset’s RSI approaching 77 highlights persistent accumulation despite nearing overbought conditions.
Bitcoin struggles to hold gains above the $120,000 benchmark following its unsuccessful attempt to surpass $125,000. Significant selling volume suggests profit-taking activities by large holders. Though Bitcoin’s RSI remains moderately elevated at 69, it contends with formidable technical resistance between the $112,000-$118,000 range.