Bitcoin at $78,000, Ethereum and XRP prepare to break out as bulls return
- —BTC at $78,000, above the 50-day EMA of $73,869 and the 200-day EMA of $73,198
- —ETH at $2,488, RSI 57, support at the 50-day EMA of $2,291
- —XRP at $1.33, resistance at the 200-day EMA of $1.36
- —The Fear and Greed Index rose from 50 to 56, the Coinbase Premium is negative
Why it matters: Until the Coinbase Premium turns positive, a sustained recovery is unlikely — BTC is likely to trade sideways in the $76,000–82,000 range.
Source: FXStreet Crypto