Failed Bitcoin (BTC) Breakout: Critical, XRP Symmetrical Triangle Explosion? Ethereum (ETH) Dominance Brings $5,000

Key Points

1. Bitcoin's failed breakout may lead to downside targets of $116,350 and $114,380, with a potential sharp increase if it breaks above $120,000 on high volume.

2. XRP is trading within a symmetrical triangle pattern, with potential for volatility implosion and a breakout that could lead to new yearly highs.

3. Ethereum (ETH) is showing strong upward momentum, with technical traders targeting the $5,000 mark, supported by increasing sentiment and liquidity.

4. The relative strength index (RSI) for Ethereum shows a pattern that may precede a pullback or rally, depending on new buying volume.

5. The article mentions other crypto-related news, including Binance's zero-fee trading for XRP, ADA, and BNB pairs, and significant Ethereum transactions.