S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market- Bitcoin steadies at $63,500 on Monday after recovering more than 6% over the previous week.
- Ethereum nears the 50-day EMA at $1,800, with a decisive breakout potentially paving the way for further gains.
- XRP breaks above the upper boundary of the falling channel, signaling a bullish move ahead.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) began the week on a constructive note after surging over 6%, 13% and 10% in the previous week. BTC holds steady around $63,500, ETH approaches a key technical resistance at $1,800, while XRP has broken above the upper boundary of a falling channel, strengthening the bullish outlook.
Bitcoin could extend gains if it closes above the $64,000 resistance zone
Bitcoin price trades at $63,500 on Monday after surging over 6% in the previous week. BTC is maintaining a capped bias as price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), all of which sit well above spot.
The immediate ceiling is the horizontal level around $64,004, with the 50-day EMA near $65,763 adding to overhead supply further up, while the longer-term 100-day and 200-day EMAs near $69,469 and $75,427 respectively, reinforce a broader bearish structure despite a modestly positive Relative Strength Index (RSI) around 51 and a firmly positive Moving Average Convergence Divergence (MACD), which hint at improving but still constrained momentum.
On the topside, a break above the nearby horizontal resistance at $64,004 would open the door toward the 50-day EMA at $65,763, followed by the 100-period EMA at $69,469 and the 200-day EMA at $75,427, before the more distant horizontal barrier around $84,410 comes into focus.
On the downside, the absence of clearly defined nearby supports in the provided data suggests that any renewed selling below $63,554 would rely on emerging price action and lower historical lows to attract dip-buying interest rather than on pre-identified structural floors.
Ethereum nears the 50-day EMA
Ethereum price trades at $1,784 on Monday, up over 13% in the previous week. ETH maintains a bearish bias as it remains below a stack of key EMAs. Price is capped first by the 50-day EMA near $1,806, with the 100-day EMA around $1,972 and the 200-day EMA near $2,241 reinforcing the broader overhead supply zone.
Momentum, however, is improving, with the RSI hovering near 57 and the MACD firmly positive, suggesting upside attempts may continue but will likely struggle while these EMAs remain intact above spot.
On the topside, immediate resistance is seen at the 50-day EMA around $1,806, followed by the 100-day EMA near $1,972 and the horizontal barrier at $2,000, before the longer-term 200-day EMA up toward $2,242.
On the downside, the nearest meaningful structural support is the horizontal level around $1,385, where buyers previously emerged, with any decline toward that zone likely to test the resolve of the nascent recovery despite the currently constructive momentum backdrop.
XRP closes above the upper boundary of the falling channel
XRP trades at $1.148 on Monday after rallying over 10% and breaking above the upper boundary of the falling channel in the previous week. However, XRP maintains a broadly bearish configuration, with price holding below the 50-day, 100-day, and 200-day EMAs, clustered between roughly $1.180 and $1.500, keeping the medium-term trend capped despite a modest rebound from recent lows.
Momentum is improving, with the RSI hovering just above the 50 line and the MACD in positive territory, suggesting a corrective recovery within a still-dominant downside structure.
On the topside, immediate resistance aligns with the 50-day EMA near $1.183, followed by the 100-day EMA around $1.286 and the horizontal barrier at $1.300, with the 200-day EMA near $1.495 and the prior resistance line around $1.900 reinforcing a broader supply zone higher up.
On the downside, initial support emerges at the lower parallel-channel region around $1.110, where a break would expose further weakness, while holding above this area would allow buyers to keep testing the nearby moving-average ceiling.
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