Bitcoin Value Prediction: Where BTC, ETH, and XRP Find Their Next Move as Bulls Hold Key Levels

The recent market shakeout has left Bitcoin, Ethereum, and XRP at critical junctures. While the immediate selling pressure appears to be easing, these three major cryptocurrencies are now testing whether they can establish sustainable support or face another leg lower. Here’s what the technical picture reveals.

Bitcoin’s Battle at the $90,000 Psychological Floor

Bitcoin has recovered to around $87.45K after dropping as low as $86.42K, but the real story is playing out around the $90,000 level—a line that divides conviction from capitulation. Early in the week, BTC sliced through the 61.8% Fibonacci retracement at $94,253 (measured from the April low of $74,508 to the October peak of $126,299), signaling that breakout traders were getting shaken out.

The bounce off $86K demonstrates something important: the market is not in free fall. When BTC holds above $90,000 on a closing basis, it suggests that longer-term buyers are willing to defend this level. Should price manage to stay constructively above this zone, the next objective would be a retest of the 61.8% Fibonacci band at $94,253—not as a ticket to fresh highs, but as a place where the market asks whether traders still believe in the breakout.

The daily RSI now sits near 30, hovering at the oversold edge. This is typically where momentum exhaustion meets the search for bounces. However, an oversold reading offers no guarantees. In severe downtrends, RSI can remain depressed while price continues lower. If daily closes fail to hold $90,000, the narrative flips entirely. The next support cluster sits around $85,000—a break below that would pressure traders who staked their conviction on $90,000 being a “line in the sand.”

The bitcoin value prediction hinges on whether bulls can maintain composure at current support. If they do, a push back toward $94K becomes feasible. If not, the path widens toward $85K.

Ethereum’s Two-Stage Correction and the $3,017 Question

Ethereum’s move has been sharper and more abrupt—exactly what ETH does when it reverses. After price ran into a previously broken trendline near $3,592 last week, the selling intensified into this week, reaching a low around $2,946 before stabilizing near $2.94K. That’s nearly a 14% drawdown from the failed resistance zone.

The technical setup now revolves around $3,017, a level where two distinct trading communities intersect. Traders who purchased the breakout at $3,592 are looking for evidence that the move is still intact. Meanwhile, swing traders are watching to see if this is a tradeable dip or the start of a deeper correction. If ETH can establish a floor above $3,017 and build higher from there, the market gains a reasonable path back to re-engage the $3,592 level and answer the critical question: has the selling momentum truly faded?

The RSI has begun climbing away from oversold extremes, which mirrors what we see in Bitcoin and suggests the acute panic phase may be transitioning. This does not mean “buy everything,” but it does mean the aggressive unwind is likely in its later stages. When momentum indicators shift from depressed to rising, short-term traders often transition from panic-selling to hunting for bounces into defined resistance.

If $3,017 fails to hold as a support floor on a closing basis, the psychology deteriorates. The next meaningful support lies around $2,749. A move to that level would reframe last week’s shakeout as the beginning of something deeper—a broader reset that could force long-term bulls to re-evaluate their conviction and risk tolerance.

XRP at the Crossroads Between $1.96 and $2.47

XRP is currently trading near $1.86, down 1.27% over 24 hours, caught in a more nuanced setup than either Bitcoin or Ethereum. Instead of breaking from a clear trendline, XRP hit the 50-day exponential moving average at $2.47 and was rejected, leading to a 7% pullback that extended into early this week.

The 50-day EMA represents a key dividing line for short-term traders: above it suggests momentum is returning to dip-buyers; below it implies the sell-off still has legs. From the current $1.86 level, if XRP can grind higher and test $2.47 again, a successful breakout above that moving average would signal something crucial—that the traders who controlled last week’s decline are losing their grip and that buying interest can persist beyond a single bounce.

The daily RSI sits around 41, positioned between depressed and neutral. This middle-ground reading typically corresponds to choppy, range-bound price action where both bulls and bears get a chance to flex. Neither side is fully in control, which can lead to sharp whipsaws.

If the current bounce stalls and the correction resumes, support congregates around $1.96. A descent to that level would suggest the recent move off the lows was just a pause inside a broader downtrend, not the start of a new recovery phase. XRP bulls would then be forced to demonstrate conviction at lower levels.

The Broader Picture: What Comes Next?

Bitcoin value prediction, Ethereum stability, and XRP recovery all hinge on whether these three assets can hold their immediate support zones. The RSI levels across all three suggest the worst of the selling pressure has likely passed, but that does not guarantee an immediate bounce back to broken resistance.

The coming sessions will be critical. If BTC, ETH, and XRP can close daily bars above their key support levels and begin to build sequential higher lows, the setup shifts from “are bulls done capitulating?” to “are fresh buyers willing to take the other side?” That transition, should it occur, would lay the groundwork for a more sustained recovery. Until then, expect chop and volatility as the market sorts out who still believes and who is ready to exit.

BTC-0.16%
ETH-0.92%
XRP-0.95%
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