- The break of BTC above 100,000 on the monthly chart, a broader MACD gap and a rising dominance, indicate strong long-term bullish confidence.
- The absence of directional persistence in the past few months above $1,700 and below $3,000 (a negative MACD histogram and an independent RSI) hints.
- Having risen to well above $3 after initially being under $0.50, XRP can currently be bought at a wide spectrum of between $1.50 to $3.00..
The cryptocurrency market is still mixed as Bitcoin hits a new all-time high, whereas Ethereum and XRP follow rather specific trading patterns. In the top three digital assets under market capitalization, there is reportedly a looming discrepancy in the momentum between the current monthly data.
Bitcoin Rises above 100K as the Propulsion Continues
Bitcoin (BTC) has taken out its 2021 high, and it is increasing above 100,000 on its monthly timeframe. This rally represents a new milestone for the digital asset that validates its long-term rallies and increasing interest of investors.
The technical indicators support the bullish momentum. The Moving Average Convergence Divergence (MACD) shows a wide gap between the MACD line and the signal line, indicating intense upward pressure. In addition, green histogram bars are expanding, suggesting continued buying interest.
The Relative Strength Index (RSI) currently stands around 70, with its moving average near 67. This reading reflects high buying activity, though it also approaches levels commonly associated with overbought conditions. Traders and analysts may interpret this as a signal that a short-term pullback or sideways movement could occur before the next move upward.
Bitcoin’s market dominance has also increased during this rally, reinforcing its leadership role within the broader cryptocurrency ecosystem. Market participants are closely watching whether this momentum will carry forward or face resistance near the current levels.
Ethereum Consolidates Below Resistance, Awaits Directional Move
Ethereum (ETH) remains below its record highs, currently fluctuating between $1,700 and $3,000. Despite a rebound from the $1,500 support zone, the asset has not shown strong follow-through to challenge recent highs.
On the monthly chart, Ethereum’s MACD line, at 39.1, is below its signal line, at 161.6. The histogram also remains in negative territory, reflecting a lack of bullish momentum. Meanwhile, the RSI sits near 49, slightly below its average of 53, indicating neutral sentiment among traders.
This consolidation phase follows Ethereum’s rise in early 2024, when it briefly tested the $4,000 mark. Since then, the price has settled into a range, with neither bulls nor bears taking control. The absence of a clear trend suggests that market participants are waiting for new catalysts or broader market movements to determine the next direction.
Ethereum’s overall market capitalization has remained relatively stable, but it continues to trail behind Bitcoin. Investors are monitoring upcoming network developments and macroeconomic factors that could influence ETH’s next breakout attempt.
XRP Holds Above $2, Trades Within Broad Range After Breakout
XRP has experienced significant volatility following a sharp breakout in late 2024 and early 2025. The digital asset surged from below $0.50 to over $3 before settling into a broad consolidation zone between $1.50 and $3.00.
Currently trading around $2.20, XRP maintains a strong position compared to its historical levels. The MACD remains positive, with the MACD line at approximately 0.46 and the signal line at 0.34. However, declining histogram bars indicate that bullish momentum is beginning to wane.
The RSI has dipped to about 47, falling below its moving average of 51. This reading reflects a neutral to slightly bearish tone, signaling a pause in momentum. While the recent rally captured investor attention, XRP now faces a phase of price stabilization.
XRP’s market capitalization has grown in recent months due to increased trading volumes and renewed interest from institutional investors. However, the token has yet to establish a new sustained uptrend. Analysts suggest that a clear breakout or breakdown from the current range may be necessary to attract significant new inflows.
Market Outlook: Divergence Among Top Assets
Bitcoin’s new all-time high has set the tone for the broader cryptocurrency market, but the divergence among major altcoins like Ethereum and XRP indicates a selective risk appetite. Market capitalization rankings remain steady, with Bitcoin dominating, Ethereum holding second place, and XRP securing a position in the top tier.
While Bitcoin continues to lead in momentum and price performance, Ethereum and XRP are consolidating within clearly defined zones. Traders and investors are watching for macroeconomic developments, regulatory news, and ecosystem upgrades that could influence upcoming moves.
The current phase underscores the importance of monitoring key technical levels and indicators, especially in a market that can shift direction rapidly. As always, risk management and informed decision-making remain critical for participants navigating the evolving cryptocurrency landscape.
