After South Korea's martial rule end, Bitcoin, Ethereum, Ripple stabilize

Bitcoin is at $95,700 on Wednesday; technical signs are poor.

Ethereum might rebound to $4,000 from weekly support around $3,454.

After surging over 10% this week, Ripple is over $2.55.

On Wednesday, Bitcoin (BTC) lingers above $95,700, indicating probable weakness as technical signs predict a dip, while Ethereum (ETH) and Ripple (XRP) stabilize near critical levels, suggesting a rebound after South Korea dropped martial rule.

Bulls retreating on Bitcoin

Bitcoin fell 1.38% on Tuesday to $93,578, but it rallied and ended over $95,800. It's roughly $95,700 as of Wednesday.

BTC may correct to $90,000 if it keeps falling.

Momentum supports Bitcoin's correction. The daily RSI is 62, below its overbought threshold of 70, suggesting moderate bullish momentum. MACD also exhibited a bearish crossing, triggering sell signals. The MACD displays growing red histogram bars below the neutral line zero, signaling Bitcoin's price may fall.

BTC might hit $99,588, its all-time high, if it keeps rising.

Ethereum primed for rise as weekly support holds.
On Tuesday, Ethereum price retested $3,454 weekly support. Wednesday's price is little over $3,670.

ETH might surge to psychologically critical $4,000 if $3,454 holds.

On the daily chart, the RSI indicator is above 50 and rising, indicating positive momentum below overbought levels.


If ETH falls below $3,454, it may draw back to $3,335 support.

Ripple bulls target $3.00
Ripple price rose more than 18% on Monday and Tuesday to a six-year high of $2.90 before falling 7.8%. On Wednesday, it trades about $2.55, up marginally.

If XRP keeps rising, it might retest $3.00, a psychologically significant threshold.However, the RSI is 83, indicating overbought circumstances and a possible drop. The RSI's exit from overbought area may indicate a decline.


XRP may retest $1.96 if it pulls back.

#ETHOnTheRise #XRPReclaimsTop3 #ThanksgivingBTCMoves $BTC $ETH $XRP