The crypto market today is walking on a tightrope as the investor sentiment stays neutral territory, with the Fear & Greed Index at 48. The total valuation of the industry has dipped slightly to $3.26 trillion. Trading volumes, too, have taken a hit, down by 9% indicating cautious moves by market participants.
Talking about blue chip coins, Bitcoin is changing hands at $104,991.34, while Ethereum trades at $2524.22. XRP is slightly down at $2.16, holding on to gains from earlier in the week. The business appears to be in a consolidation phase, with volumes reducing and price ranges tightening.
Bitcoin (BTC) Price Prediction
Bitcoin price continues to hover around the $105k mark, showing resilience despite geopolitical instability. On the charts, BTC has formed a symmetrical triangle, hinting at a potential breakout, although the direction remains uncertain.
It is worth noting that the support lies at $103,600, and a break below this could drag BTC toward the psychological $100k mark. Contrarily, the bulls must reclaim their foothold at $105,500 and aim for a breakout toward $108,000, where significant resistance awaits. However, with intraday volume at $48.42 billion, down nearly 9%, any upside may be capped unless fresh momentum arrives.
Curious about BTC’s long-term growth? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!
Ethereum (ETH) Price Prediction
Ethereum has been range-bound, with prices slipping 0.54% to $2524.22. However, whale wallets have been actively accumulating, which is a healthy sign for a possible breakout. Traders should take note that the 24H low of $2469.05 serves as immediate support.
If ETH price holds above $2,500, a short-term rally to $2,600 is possible. Conversely, falling below $2,460 could take ETH back toward the $2,400 demand zone. That being said, the drop in 24H volume by 17.65% may reflect weakening conviction among retail traders.
Interested in stacking some Ether? Read our Ethereum (ETH) Price Prediction 2025, 2026-2030 Now!
XRP Price Prediction
XRP is showing signs of strength amid broader market uncertainty, down only 0.11% in the past day. Its relatively stable price at $2.16 comes in the wake of positive sentiment from the Canadian XRP ETF approval, which has kept the asset in the spotlight.
Technically speaking, XRP is trading close to resistance at $2.18. A bullish breakout could push it toward the $2.30 region. On the downside, support rests at $2.12, and a slip below that may open the gates to $2.00. Despite the price stability, the 14.94% drop in volume signals hesitation in the rally’s continuation.
Worried about your XRP holdings? Check out our Ripple (XRP) Price Prediction 2025, 2026-2030!
FAQs
BTC price today is at $104,991.34 with an intraday change of -0.47%.
Yes, historical trends show that whale accumulation often precedes a price rally.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed