🔴$BTC $ETH  $XRP   Technical Updates and Analysis 🔴

BTC: Bitcoin price today performed against global challenges and surpassed $65,000, a very strong psychological support. The crypto invalidated negative sentiments amid the global IT outage and moved from $64,390 to a 7-day rise of 14.8% to $66,700. This price movement today has printed the validation of the highly anticipated breakout of BTC from an ascending broadening wedge pattern. The breakout point stands at $70K and a breakout above this level will push BTC beyond the all-time high of $73K. Additionally, there is a strong support level formed near $66,100 and $65,000. Bears will need high selling pressure to breach these levels, but market sentiments remain bullish.

ETH: Ethereum price made steady growth this week, moving 11.7% from the $3,100 level to surpassing $3,500 today. ETH flipped the long-term level of $3,500 into support and invalidated speculations of following a downward trajectory after the coin faced significant resistance at this level. However, this could also be a retest, but the buying pressure is still higher compared to the selling one. A slight correction and a rebound are anticipated. Currently trading at $3,503, ETH will need a push above $3,700 to continue the rally. The RSI at 60 indicates growing bullish sentiment and not an overbought condition. There is still room for buyers to acquire and watch the price movement.

XRP: Ripple surpassed both BTC and ETH in weekly gains, rising 18% in 7 days. It was only on Friday that there was a fall in price below the upward support line, but the bulls managed to rebound XRP today back into the upward trajectory. This happened after the news of the (SEC) canceling settlement talks with Ripple. Currently trading at $0.610 with impressive 24-hour growth of 8.59%, the RSI at 61 indicates bullish sentiments remain strong above the support zone.

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