Bitcoin News Today: Bitcoin Slides 3.42% Near 100-Day EMA as Ethereum Holds Record Highs and XRP Clings to Key Support

Bitcoin, Ethereum, and Ripple (XRP) began the week with mixed signals as traders closely monitor key technical levels. Bitcoin (BTC) faces uncertainty after its price rejected a previously broken trendline, while Ethereum (ETH) consolidates near record highs, and XRP nears a critical support level that could dictate its near-term trajectory.

Bitcoin opened the week in negative territory after bouncing off the 100-day Exponential Moving Average (EMA) at $110,865 and briefly rising 3.94%. However, it soon reversed course, declining 3.42% following a failed attempt to break through the key trendline pullback resistance [1]. At the time of writing, BTC trades around $112,852. A daily close below the 100-day EMA could send the price toward its next support at $103,701, the 200-day EMA. Technical indicators like the RSI and MACD both reflect bearish momentum, with the RSI currently at 43 and the MACD showing a bearish crossover [1].

Ethereum, meanwhile, reached a new all-time high of $4,956 on Sunday after surging 14.36% from support around $4,232 on Thursday. As of Monday, the price has consolidated to around $4,747 [1]. The RSI on the daily chart stands at 64, indicating strong bullish momentum, while the MACD showed a bullish crossover on Saturday, reinforcing the positive sentiment. A breakout above $5,000 is in focus if ETH maintains its upward momentum. However, a pullback could see the price retreat to the $4,488 level [1].

Ripple’s XRP is currently hovering near key support at $2.99 after rallying from the 50% Fibonacci retracement level of $2.78 and closing above the 61.8% level at $2.99. A daily close below $2.99 could trigger a deeper correction toward $2.78 [1]. The RSI is currently near the neutral level of 50, and the MACD lines remain converging, reflecting indecisiveness among traders.

The broader market appears to be at a turning point, with BTC and XRP closely watching critical support levels and ETH holding just below historic highs. The next price action on any of these three assets could set the tone for further consolidation or renewed volatility in the cryptocurrency market.

Source: [1]Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC and XRP hover near key supports while ETH consolidates after record highs (https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-and-xrp-hover-near-key-supports-while-eth-consolidates-after-record-highs-202508250300)