Top 3 Price Prediction $BTC , $ETH , $XRP : Bitcoin approaches its $56,000 support level - FXStreet Analytics

Bitcoin (BTC) is nearing key support at $56,000, hinting at a potential recovery. It recently failed to close above the 100-day EMA at $60,685 and has since dropped to $57,851. If BTC holds support at $56,022, it may attempt another breakout, but a close below this level could push it to $54,000.

Ethereum (ETH) faced resistance at $2,461 and dropped to $2,275. If resistance holds, ETH could decline to $2,150. Momentum indicators suggest continued bearishness, but a break above $2,461 could lead to a 4% rally toward $2,564.

Ripple (XRP) found support around the 100-day EMA at $0.553 and trades at $0.583. If support holds, XRP could retest $0.626. Momentum indicators favor the bulls, but a close below $0.544 could send XRP to $0.502.