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Cryptocurrency News Articles

The crypto market is now giving out mixed signals, especially for BTC, ETH, and XRP.

Apr 16, 2025 at 05:48 pm

As we look at this week's top 3 coins' price outlook, Bitcoin is fighting key resistance. Ethereum and Ripple are both facing downward pressure.

The crypto market is now giving out mixed signals, especially for BTC, ETH, and XRP.

The crypto market is now giving out mixed signals, especially for BTC, ETH, and XRP. As we look at this week’s top 3 coins’ price outlook, Bitcoin is fighting key resistance. Ethereum and Ripple are both facing downward pressure.

Will BTC Overcome the $85,000 Resistance?

Bitcoin price is trading around $83,500. BTC is unable to break the key $85,000 resistance. BTC has made several breakouts but has experienced setbacks every time. The Bitcoin price is still restricted by the 200-day Exponential Moving Average (EMA) level of $85,000. This is a key level that will most probably decide the short-term forecast for Bitcoin price.

Chart 1 – BTC/USDT 1-day chart, published on TradingView, April 16, 2025.

The Relative Strength Index (RSI) is about 50, indicating neutral momentum. The crypto price forecast indicates the price may rally towards $90,000. However, it can happen only if Bitcoin continues to close above $85,000 daily.

If Bitcoin does not manage to break the resistance level, it may drop to $78,258. Hence, the $85,000 resistance is key for determining whether Bitcoin’s positive trend will continue or not.

Ethereum Price Outlook: Bearish Momentum at $1,700 Resistance

The ETH price is trading near $1,590. The second-largest cryptocurrency by market capitalization found support around $1,449 last week. However, it has faced strong resistance at the $1,700 level. Ethereum has failed to maintain the upward trend. If Ethereum cannot hold above $1,700, the price will continue to move in a downtrend.

Chart 2 – ETH/USDT 1-day chart, published on TradingView, April 16, 2025.

The ETH price could fall to retest support at $1,449 or even lower, targeting the psychological level of $1,300. The RSI currently sits at 40, signaling weak momentum. It is suggesting that bearish pressure remains intact. However, if Ethereum breaks through the $1,700 resistance, it could open up further upside potential. It will target levels at $1,861 and possibly $2,000.

Will XRP Break Above the $2.23 Resistance or Retrace?

XRP has faced challenges in maintaining bullish momentum after a rejection at the $2.23 resistance level. The XRP price is testing a critical support level near the 200-day EMA. XRP’s future direction largely depends on whether it can break the $2.23 resistance zone. If it fails to break above $2.23, the XRP price could drop further to the next support at $1.77.

Chart 3 – XRP/USDT 1-day chart, published on TradingView, April 16, 2025.

If XRP manages to break through the $2.23 level and hold above it, there is potential for further upside. The next resistance is at $2.50 and eventually $2.72. The RSI is at 47; it is signaling bullish momentum. The crypto price forecast for XRP remains uncertain as the market tests key support levels. A breakout above $2.23 could signal the bullish trend for Ripple.

Final Thoughts: Can Bitcoin, Ethereum, and XRP Overcome Their Key Levels?

The top 3 coins price outlook reveals mixed short-term predictions. Bitcoin is at a make-or-break point, with its prospects to break the $85,000 resistance level. This resistance is likely to decide whether it can follow up its rally or be pulled back.

Ethereum is finding it difficult to break the $1,700 resistance. Whether XRP can break the 2.23 level will decide its next momentum. Crypto price forecast trends suggest that market momentum could shift depending on whether these coins can break through their respective resistance levels.

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