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BitcoinEthereumRippleTechnical Analysis

Bitcoin, Ethereum, Ripple – BTC sheds 5%, ETH loses 50-day EMA, XRP risk breakdown

  • Bitcoin trades around $81,900 on Friday after slipping over 5% so far this week.
  • Ethereum drops below the key 50-day EMA around $2,500, correcting over 9%.
  • XRP retreats toward a key cluster of EMAs, and a sustained break below this support zone could expose deeper losses.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Friday after losing over 5%, 9% and 8% so far this week. BTC trades below $82,000, ETH loses $2,500, while XRP retreats toward a key support zone. The price action of these top three cryptocurrencies now faces critical technical levels that could determine whether the correction deepens or a recovery takes shape. 

Bitcoin retreats toward the 50-day EMA support

Bitcoin price trades at $81,930 on Friday after losing over 5% so far this week and losing the key support around the $85,000 mark. Despite this correction, BTC holds a mild constructive bias as it remains above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between roughly $75,255 and $79,747.

This setup suggests the broader uptrend remains supported despite the recent pullback. However, momentum has cooled, with the Relative Strength Index (RSI) slipping toward 47 and the Moving Average Convergence Divergence (MACD) extending below zero, indicating waning near-term upside conviction.

On the topside, initial resistance is seen at the horizontal barrier near $85,000, where buyers could face profit-taking if the pair attempts another leg higher.

On the downside, immediate support is defined by the 50-day EMA around $79,747, followed by the 100-day EMA at $75,953 and the 200-day EMA at $75,255, all reinforcing the underlying bullish structure. At the same time, deeper cushions emerge at the previously established horizontal floors at $66,500 and $62,300 in the event of a more pronounced corrective slide.

BTC/USDT daily chart

Ethereum shows bearish bias

Ethereum price trades at $2,478 on Friday, losing over 9% so far this week. ETH is keeping a near-term bearish tone as it sits just under the 50-day EMA at $2,501 while still holding above the 100-day EMA at $2,340 and the 200-day EMA at $2,297.

The RSI around 37 and the deeply negative MACD reading both hint at weakening momentum, suggesting that although the broader trend remains supported by the longer EMAs, nearby overhead supply is currently capping upside.

On the topside, immediate resistance is clustered around the horizontal barrier at $2,500 and the 50-day EMA at $2,501, ahead of higher resistance at $2,800 and $3,000.

On the downside, initial demand is seen at the 100-day EMA near $2,340, followed by the 200-day EMA at $2,297; a deeper slide would expose the psychological horizontal floor at $2,000 and then the more distant structural support around $1,385.

ETH/USDT daily chart

XRP’s momentum indicators show a weakening tone

XRP price trades at $1.385 on Friday after correcting over 8% this week. XRP holds marginally above the 200-day EMA at $1.383 but remains capped by the 50-day EMA at $1.398. 

This setup suggests a fragile, slightly bearish bias, as XRP struggles to extend beyond nearby overhead supply while resting just above key trend support. 

Momentum indicators reinforce this cautious tone, with the RSI hovering near a neutral 41 and the MACD below the zero line and in negative territory, suggesting waning bullish pressure and a risk of further consolidation or mild downside.

On the topside, immediate resistance is located at the 50-day EMA at $1.398, and a sustained break above this barrier would be needed to open the way toward the more distant horizontal resistance levels at $1.671 and $1.900.

On the downside, initial support is seen at the 200-day EMA at $1.383, followed by the 100-day EMA at $1.336; a daily close below these averages would expose the horizontal floors at $1.300 and then $1.000 as the next demand zones, where buyers are likely to re-emerge.

XRP/USDT daily chart
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