🤩BTC, ETH & XRP Price Analysis: Can Bulls Maintain Momentum After Healthy Correction?

📉 Sentiment in the crypto market turned negative on Thursday after a strong performance in Bitcoin, Ethereum, and XRP.

📊 Market Overview: Bitcoin hit $65,000 on Wednesday but dropped 1.25% to $63,680 on Thursday. Trading volume fell 20%, and market cap dropped to $1.255 trillion. Ethereum faced resistance at $3,500, trading at $3,397, down 0.25%. XRP saw the biggest drop of 6%, needing support above $0.55.

📈 Bitcoin Analysis: BTC's move to $65,000 was backed by softer US inflation data and limited German BTC sales. Mt. GOX creditors are holding BTC, betting on higher prices. A healthy correction could allow for fresh accumulation before resuming the uptrend to $70,000. Holding above $60,000 support increases uptrend chances.

📉 Ethereum Analysis: ETH is holding support at $3,400 with a positive outlook. The MACD shows a buy signal, and a golden cross hints at continued uptrend to $4,000. Approval of 10 spot ETH ETFs by the SEC could push ETH to $5,000.

💹 XRP Analysis: Bulls need to secure support above $0.5. A drop below this level could trigger selling pressure. A MACD buy signal and golden cross support a potential rebound to $0.6, with resistance at $0.65 and $0.7 before a run-up to $1.