Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) Stabilize Near Key Support Zones

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue to stabilize near key support zones as traders await potential volatility

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices are stabilizing around critical support zones on Wednesday, April 5, as traders await potential volatility from former President Donald Trump’s “Liberation Day” celebration later this week.

The former president’s upcoming event on April 2 is expected to feature several policy announcements and his thoughts on new tariffs, which could increase market sensitivity across crypto and risk assets.

Bitcoin could push toward $90,000 if 200-day EMA support holds

Bitcoin price is currently trading around $86,766 after reclaiming its 200-day Exponential Moving Average (EMA) support at $85,556 earlier this week. The leading cryptocurrency recovered by 4.4% over the past three sessions, though the upside momentum remains measured ahead of the macro catalysts.

If BTC price manages to hold above its 200-day EMA, it could extend the rebound and reach the psychological resistance at $90,000. A successful daily close above that level would open the path to $95,000, the March 2 swing high.

The Relative Strength Index (RSI) on the daily chart is 51, holding above its neutral midpoint, indicating a mild build-up in bullish momentum. The MACD shows a bullish crossover with green histogram bars above the zero line, further reinforcing the short-term bullish bias.

However, failure to hold the 200-day EMA could expose BTC to downside risk, with the next support seen at $78,258.

The chart shows the potential BTC price movements in the coming days.

The table above highlights the key Fibonacci levels and other technical indicators to watch for in the short term.

As the market sensitivity increases, it’s crucial to use a reliable crypto exchange like Binance to execute trades efficiently and manage risk effectively.

The potential price changes are subject to market movements and may vary. It’s recommended to perform independent analysis and due diligence before making any investment decisions.

The information provided here is for informational purposes only and should not be considered investment advice.

Attempting recovery, Ethereum price finds support at $1,861

Ethereum price is trading at approximately $2,056 on Wednesday as it continues to find strong support around the $1,861 level over the past two weeks.

ETH recovered nearly 7% from the support zone last week and briefly touched the $2,081 handle before facing mild profit booking.

If the buyers manage to sustain the price above the $1,861 support, it could continue its recovery and retest the March 7 high at $2,258. A confirmed breakout above that level could open room toward $2,315 and beyond.

On the daily chart, RSI reads 44.3, remaining below the 50-neutral zone, which reflects a cautious market. A break above 50 is required to confirm continued bullish momentum. The MACD indicator remains in a bullish crossover, with green histogram bars increasing above the neutral line.

A daily close below $1,861 would invalidate the short-term bullish setup and could send ETH price back toward $1,756.

The chart shows the potential ETH price movements in the coming days. The table above highlights the key Fibonacci levels and other technical indicators to be aware of.

As market sensitivity is increasing, it’s crucial to use a reliable crypto exchange like Binance to execute trades effectively and manage risk.

The potential price changes are subject to market movements and may vary. It’s recommended to perform independent analysis and due diligence before making any investment decisions.

The information provided here is for informational purposes only and should not be considered investment advice.

XRP price eyes $2.72 if $2.32 support continues to hold

In the latest cryptocurrency news, Ripple (XRP) trades around $2.44 on Wednesday, consolidating gains after bouncing from the 100-day EMA at $2.32 last week. The token posted a 7% rebound before stabilizing, with momentum now hinging on whether support at $2.32 can hold.

If the 100-day EMA continues to act as a support floor, XRP could attempt a retest of the $2.72 resistance zone. A breakout above that level would confirm bullish continuation toward $2.98.

The RSI currently reads 50.16, sitting flat near the neutral midpoint, suggesting indecision among market participants. An upward turn above 55 would strengthen bullish sentiment. The MACD remains in a bullish crossover, with histogram bars above the baseline, supporting further upside if volume increases.

On the flip side, a failure to hold $2.32 may trigger a fresh correction toward $1.9