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Crypto

Crypto Market Under Pressure: BTC, ETH, and XRP

2 Apr 2025by CryptoJazz Admin1 min read50 views
Crypto Market Under Pressure: BTC, ETH, and XRP

πŸ”΅On Wednesday, Bitcoin (BTC) faced a pullback from the $85,000 level after gaining 3.16% the day before. This level coincides with the 200-day EMA, strengthening resistance. The RSI indicates bearish momentum, and if BTC fails to break above $85,000, a retracement to $78,258 is possible.

πŸ”΅Ethereum (ETH) broke past the $1,861 resistance but remains unstable. If this level does not hold, the decline could continue to $1,700. The RSI (40) confirms selling pressure.

πŸ”΅XRP weakened after closing below the 100-day EMA ($2.30). If the downward trend persists, the price may test $1.96.

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