🚀 Bitcoin, Ethereum & XRP Ignite Crypto Rally: Double-Digit Gains Defy Market Gravity

Crypto markets erupt as major tokens break resistance levels—while traditional finance scrambles to keep up.

Blue-chip breakout: BTC smashes through $70K as institutional FOMO kicks in. ETH and XRP ride the wave with parabolic moves that leave shorts liquidated.

Narrative flip: Suddenly ''obsolete'' alts now outperforming S&P 500 stocks (much to Wall Street''s dismay). DeFi volumes spike as traders rotate profits.

Reality check: Volatility remains king—today''s 20% pump could be tomorrow''s 30% dump. But for now? The charts scream ''risk-on.''

*Bonus jab: Meanwhile, Goldman Sachs clients still waiting for that ''blockchain revolution'' PowerPoint to render...

$106,724 balances at $107,113, fostering stability, while Ethereum (ETH)$2,611 draws attention with ETF flows, and XRP remains under watch due to the ongoing Ripple$2 and SEC lawsuit.

ContentsBitcoin Faces Crucial Resistance as Momentum BuildsEthereum Eyes Growth with Positive ETF InflowsXRP Navigates Legal Challenges and Technical Indicators

Bitcoin Faces Crucial Resistance as Momentum Builds

Bitcoin’s recent performance shows a modest increase of 1.02%, with its price at $107,113. On the daily chart, BTC exhibits a narrow consolidation below recent highs. Supported by positive ETF momentum, a sustained breakout above the $107,000 resistance could propel Bitcoin towards the $110,000 mark.

However, intense selling pressure may arise if prices dip below $105,000, risking a pullback to the support level at $102,800. The volume, having increased by nearly 11%, suggests investors aim to maintain current levels. A strong candle close above $106,800 is a potential signal of a continuing upward trend.

Ethereum Eyes Growth with Positive ETF Inflows

Ethereum surpassed bitcoin this week, registering a 3.33% jump to reach $2,627. This performance is driven by approximately $5 billion in ETF inflows and a 40% volume rise, indicating Ethereum’s push to break out of a horizontal channel.

Overcoming the recent peak at $2,633 could elevate prices towards the $2,750–$2,800 range, especially during times of growing institutional interest. Conversely, a close below $2,550 might drag prices down to $2,450.

XRP Navigates Legal Challenges and Technical Indicators

Despite a 1.60% rise in XRP’s price to $2,18 over the past 24 hours, it remains below the short-term 50-day Moving Average of $2.28. This indicates cautious investor sentiment in the short term, while maintaining a position above the 200-day Moving Average of $1.91 paints a positive long-term outlook. The support NEAR $2.0145 might limit short-term declines.

XRP faces its first major resistance at $2.45, and overcoming this on a weekly basis could stir expectations for reaching the psychological $3 mark. Currently, investors eagerly await Judge Torres’s decision in the Ripple-SEC lawsuit, which could instantly impact XRP’s price trajectories.

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