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🧨 Bitcoin, Ethereum, Ripple: Bulls Losing Steam as Weakness

fulldeg

Updated at: 4 hours ago

{"content":"🧨 Bitcoin, Ethereum, Ripple: Bulls Losing Steam as Weakness Creeps In Bitcoin fell marginally on Monday after breaching $105,000 barrier, prompting worries of a bull trap. Ethereum hits the 200-day EMA support around $2,438; a daily closure below might cause a larger decline. Although momentum is waning, XRP is around the 50-day EMA at $2.27. After breaching over $105,000 barrier on Sunday, Bitcoin (BTC) trades marginally lower on Monday, sparking bull trap worries. Ethereum (ETH) and Ripple (XRP) are reaching key support levels; a closure below them might ignite a further decline. As the crypto market consolidates and loses bullishness, these leading cryptocurrencies' momentum indicators show weakness. Bitcoin breakout or fraud? Bitcoin broke $105,000 barrier on Sunday, rising 3.23%. As of Monday, it has failed to establish support around this level and is trading at $104,624. BTC may challenge psychological support at $100,000 if it continues its slide. If BTC recovers and closes over $105,000, it might reach the January 20 all-time high of $109,588. Ethereum's 200-day EMA battle may determine its next move. On Sunday, Ethereum price retested its 200-day EMA around $2,438 and found support. As of Monday, it was trading at $2,387, below this level. If ETH keeps falling and closes below $2,438 daily, it might retest its next support level at $2,000. If ETH rebounds and the 200-day EMA around $2,438 remains as support, the surge might reach $3,000. XRP bulls lose momentum After retesting its 50-day EMA at $2.28 on Sunday, XRP climbed 3.18% the following day. On Monday, it had lost most of its gains and was trading at $2.36. If XRP breaks and closes below its 50-day EMA daily, it might fall below $2.23, its next critical support. #BTC #ETH #xrp #CryptoRegulation $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/19/dca1b7d616604761a4281575a295e76b.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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