XRP price tests long-term ascending support ahead of a critical resistance decision.
In crypto news today, the broader market is heading into the weekend with surprising stability. Bitcoin price is consolidating near $68,000, while Ethereum price is hovering around $1,960, and the XRP price is holding firm near $1.42. While volatility has cooled across majors, underlying positioning suggests the calm may be more strategic than passive. Bitcoin continues to attract whale accumulation. Ethereum is attempting to confirm a potential local bottom. XRP is pressing against a long-term support structure that has defined nearly a decade of price behavior.
As liquidity typically thins over the weekend, markets often test conviction levels. The key question now: Are BTC, ETH and XRP preparing for a breakout attempt, or simply extending consolidation?
Here’s how the major cryptocurrencies are positioned heading into the weekend.
Bitcoin price structure currently shows a developing hidden bullish divergence on the daily timeframe. BTC recently formed a higher low in the $66,000-$67,000 region, while momentum indicators printed a lower low, a continuation signal often seen before trend expansion.
BTC rebounded from the $66k-$67k support zone and is now trading near $68K. The key resistance remains between $69,500 and $70,000, a supply region that has rejected prior breakout attempts. On-chain dynamics strengthen the technical picture. Over 30,000 BTC were accumulated by whales in the past week alone, and nearly 200,000 BTC have been added to large-holder wallets over the last month. That full reversal of post-October distribution suggests strategic reaccumulation rather than speculative chasing. When whale accumulation aligns with bullish divergence, it typically signals structural rebuilding beneath resistance rather than exhaustion.
This weekend, Bitcoin price may attempt another move toward $70K, where a confirmed breakout could expose the $74,000-$76,000 liquidity zone.
Ethereum price has stabilized near $1,960 after bouncing from the $1,850-$1,880 demand region. The daily RSI recently dipped into oversold territory before turning upward, historically a condition that precedes relief rallies in ETH price cycles. However, the broader structure still requires confirmation. Ethereum must reclaim the $2,050-$2,100 resistance band to shift momentum decisively back to the upside. Until that level is reclaimed, the medium-term trend remains cautious.
Encouragingly, downside momentum has slowed. Volatility has moderated, and buyers are consistently stepping in near the $1,900 support region.
If Bitcoin attempts a breakout this weekend, the Ethereum price could follow with a push toward the $2,050 resistance zone, where momentum confirmation will be tested.
XRP price is trading near $1.42 while interacting with its long-term ascending support line, a structure that has guided price action for nearly nine years. Historically, each major retest of this ascending base has preceded expansion phases. At the same time, XRP remains capped beneath a descending resistance trendline formed from previous highs.
Immediate support lies between $1.35 and $1.38, while resistance is concentrated in the $1.55-$1.60 range. This compression between multi-year support and descending resistance creates a tightening structure that typically resolves directionally.
As crypto markets head into the weekend, XRP appears positioned for a potential attempt toward the $1.55 region, provided broader market momentum improves.
As the crypto market moves into the weekend, liquidity conditions typically thin, and that often amplifies moves around key technical levels. With the Bitcoin price sitting just below $70,000 resistance, Ethereum price defending $1,900 support, and XRP price compressing near structural confluence, the market appears positioned for a technical test rather than random volatility.
If BTC reclaims $70K during weekend hours, short-term momentum could extend quickly across majors. If resistance holds, consolidation may continue into early next week. For now, crypto news today reflects tightening structure across leading assets, and tightening structures rarely remain quiet for long. The weekend may not decide the full trend, but it will likely reveal which side currently holds conviction.
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