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🔥 Bitcoin, Ethereum, XRP Regain Momentum as Fed Minutes Loo

koinmilyoner

Updated at: 5 hours ago

{"content":"🔥 Bitcoin, Ethereum, XRP Regain Momentum as Fed Minutes Loom Bitcoin rises beyond $113,000 on Wednesday after falling almost 3% the day before. Ethereum tests the bottom threshold of a rising channel after falling below $4,100. XRP cracks a key support level, with sellers seeking $2.75. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) rebound on Wednesday following two days of losses ahead of the Fed's meeting minutes later today. Bitcoin rises beyond $113,000 on Wednesday after a 2.89% loss. Ethereum bounces over 3% off a rising channel pattern support trendline, suggesting a reversal. XRP struggles to find support, with bears seeking more losses to test the monthly low. Bitcoin is trading over $113,000 on Wednesday after hitting $112,566 earlier. After the 2.89% dip on Tuesday surpassed the 50-day Exponential Moving Average (EMA) at $114,911, bulls want to break above $114,000. Bitcoin may test the 50-day EMA at $114,911 if Fed meeting minutes boost market optimism. USDT/BTC daily chart. A drop below the monthly low of $111,920 might continue the downturn to the 100-day EMA at $110,498. Below this dynamic support is $107,245. Ethereum's channel recovery predicts growth. Ethereum recovers almost 3% at press time on Wednesday, rebounding off the daily chart's rising channel pattern support trendline. An protracted ETH rebound might reach $4,868, its all-time high. A drop below the support trendline approaching $4,000 psychological support might fall $3,941. XRP shoots toward 50-day EMA On Tuesday, Ripple's XRP fell 6.56% below a rising trendline, the 50-day EMA, and a Fibonacci retracement at $3.00. XRP is up over 1% on Wednesday, with bulls targeting the 50-day EMA around $2.93. XRP might target the 38.2% Fibonacci retracement level at $2.99, drawn from $1.90 on June 22 to $3.66 on July 18, if it crosses this dynamic average line. At $2.78, the 50% Fibonacci retracement line provides immediate support. #BTC #ETH #xrp #Write2Earn #PowellWatch $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/7f24787fba7b45f1b4e9016813aabd3f.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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