Crypto Today: Bitcoin, Ethereum, XRP extend decline with US CPI in focus
#CryptoTrading. Bitcoin corrects below $75,000 on Tuesday ahead of US CPI report.
Ethereum ticks lower near $2,100 as downtrending momentum indicators weigh.
XRP falls for the sixth consecutive day and trades below $1.10 amid a heavily capped upside.
#market_tips $XRP $ETH $BTC #Market_Update Technical analysis: XRP faces persistent downtrend
XRP trades at $1.09, extending a bearish bias as price holds well below the clustered EMAs and the active SuperTrend line. The 50-day EMA at $1.29, the 100-day EMA at $1.30 and the 200-day EMA at $1.35 all sit overhead, reinforcing a capped tone, while the SuperTrend at $1.26 adds to the ceiling.
Momentum remains weak, with the MACD below zero, while the RSI at 26 slips into oversold territory, suggesting selling pressure is stretched but not yet reversed.
Technical analysis: Bitcoin slips below $75K as bearish grip intensifies
#CryptoNewss Bitcoin trades at $74,743, extending a corrective phase with a bearish near-term bias as price holds below the main Exponential Moving Averages (EMAs). The 200-day EMA at $76,457, the 100-day EMA near $77,575 and the 50-day EMA around $79,141 all sit overhead, suggesting the broader uptrend structure is being challenged, while the SuperTrend line at $81,375 further reinforces a cap.
Ethereum technical analysis: ETH bears retain control
#MarketAnalysis Ethereum trades at $2,113, keeping a clear bearish near‑term bias as price holds beneath the upward-sloping support trendline’s break point at $2,229 and stays well below the 200-day EMA at $2,301. The 100-day and 50-day EMAs, at $2,333 and $2,361 respectively, along with the SuperTrend resistance near $2,391, collectively suggest that rallies are likely to be capped while MACD remains in negative territory and the RSI hovers just above oversold conditions, hinting at persistent downside pressure despite a risk of short-covering bounces.