ETH Indicators Flash Bullish; XRP Eyes Major Upside in BTC Trading Pair
XRP Signals Major Breakout vs Bitcoin as Ether, Solana Extend Gains; Bitcoin Lags
XRP’s BTC Pair Eyes Multi-Year Breakout
XRP’s recent surge—up nearly 60% this month to all-time highs above $3.50—may be just the beginning of its broader rally, particularly when viewed against Bitcoin (BTC). On Binance, the XRP/BTC pair is pressing against the upper boundary of a four-year consolidation range that began in early 2021.
These prolonged sideways phases often store significant momentum. A decisive breakout could unlock a substantial outperformance phase for XRP relative to BTC.
Adding to the bullish narrative, the Guppy Multiple Moving Average indicator has flipped positive for the first time since 2018. The short-term EMAs have crossed above the longer-term ones, a historically strong technical signal.
XRP/USD: Technical Structure Reinforces Uptrend
On the dollar chart, XRP has successfully retested its breakout level around $3.39, forming a classic support confirmation. The asset also printed a golden cross, with the 50-day simple moving average climbing above the 200-day—a sign of sustained upward momentum.
Immediate resistance stands at $3.66, with a breakout potentially pushing prices toward the psychological $4.00 level. A drop below $3.35, however, could signal a deeper retracement.
Analyst Insight: XRP/BTC testing the upper bound of a four-year range suggests a high-stakes inflection point. Traders may wait for confirmation via a high-volume daily or weekly close before fully committing to upside bets.
XRP Key Levels
- Resistance: $3.66, $4.00
- Support: $3.35, $3.00, $2.65
Ethereum’s Momentum Builds as Mayer Multiple Hits Multi-Month High
Ethereum (ETH) remains in bullish territory, with the Mayer Multiple—a ratio of the spot price to the 200-day moving average—surging past its December peak. The 50-day SMA continues climbing, and the 100-day SMA is approaching a bullish crossover with the 200-day.
ETH could face temporary resistance near $4,000 due to strong dealer gamma exposure on Deribit, which tends to suppress volatility. But if momentum persists, a breakout above $4,109 (December high) is within reach.
Analyst Insight: A rising Mayer Multiple typically reflects a strengthening long-term trend. ETH appears poised for further upside, barring a breakdown below key support.
ETH Key Levels
- Resistance: $4,000, $4,109, $4,382
- Support: $3,480, $3,081, $2,879
Bitcoin Consolidates as Moving Averages Flatten
Bitcoin is currently rangebound, hovering around its 50-, 100-, and 200-hour moving averages—all of which have flattened. This loss of momentum makes BTC vulnerable to macro risk-off sentiment and dollar strength.
A drop below $116,539 could trigger a retreat to $111,965, the former May high. To resume upward momentum, BTC must convincingly break above $120,000—a level it has failed to hold since July 14.
Analyst Insight: Until Bitcoin exits this compression zone with strong volume, directional bets remain speculative. Patience may be warranted.
BTC Key Levels
- Resistance: $120,000, $123,181
- Support: $116,539, $115,739, $111,965
Solana Clears Resistance, Maintains Uptrend
Solana (SOL) has broken through key resistance at $185, powered by a strong MACD and an RSI above 70—both indicative of powerful bullish momentum. The Mayer Multiple has reached its highest point since January.
However, failure to hold $177 could invite a pullback to $168 or lower. For now, price action favors further gains, with targets around $200 and $218 in play.
Analyst Insight: While overbought conditions may spark short-term pullbacks, technical strength remains firmly with the bulls above $177.
SOL Key Levels
- Resistance: $200, $218, $252–$264
- Support: $185, $168, $157
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