Technical setups in BTC, ETH, and XRP point toward possible fresh highs next week.
The crypto market continues to push above its weight, with the total market cap climbing to $4.06 trillion. The valuation was significantly driven by the 24-hour trading volume reaching $174.56 billion. The Fear & Greed Index stands at 62, signaling strong investor confidence. Meanwhile, the Altcoin Season Index reads 38/100, showing Bitcoin’s dominance remains intact.
This week’s momentum has been supported by three main factors:
Curious about where the top 3 cryptos, Bitcoin, Ethereum, and XRP prices are heading this week? Read this weekly price prediction for details.
Bitcoin has broken out from a multi-week range, surging past the $120,500 resistance and pushing toward its ATH of $123,091. The 4-hour chart shows strong momentum with price riding the upper Bollinger Band. While the RSI is overbought at 76.64, suggesting momentum is strong but also ripe for short-term pullbacks.
If bulls clear the $123,500 zone, BTC price could target $127,000 as the next major resistance. However, if sellers take control, initial support sits at $120,500, with deeper support at $117,500.
Ethereum has completed a major breakout above the $4,000 resistance, closing near $4,300 and testing the $4,402 zone. On the 4-hour chart, price action remains constructive, with higher highs and higher lows, supported by an RSI reading above 70.
If ETH price pushes past $4,400, the next upside target falls between $4,720 and $4,800. Failure to break through may trigger a pullback toward $4,140 or even $3,885 for a healthy retest.
XRP has continued its steady climb, supported by legal clarity after the Ripple-SEC case resolution and broader risk-on sentiment. The 4-hour chart shows a consolidation phase between $3.15 support and $3.36 resistance, with tightening Bollinger Bands suggesting an upcoming volatility spike. RSI at 54.31 leaves room for upside movement.
A breakout above $3.50 could open the path toward $3.80-$4.00. On the downside, losing $3.15 could send XRP price back to $2.85.
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