Crypto market analysts predict growth of top crypto assets

Cryptocurrency market analysts inform that this week the cryptocurrency market is showing positive dynamics. Bitcoin (BTC) and Ethereum (ETH) are gradually recovering their positions after the recent downturn, while Ripple (XRP) remains strong, signaling that the rally may continue.

The price of Bitcoin BTC $99,754.00 Bitcoin 3.58% Market capitalization $1.98 trillion VOL. 24 hours $2.75 billion rose again after testing the $ 90,000 support level, reaching $ 97,400 at the time of writing. If it continues to recover and closes above $ 100,000, BTC could head to its all-time high of $ 108,353. The RSI (53) and MACD indicators indicate that bullish momentum is building. However, if BTC closes below $ 90,000, it could fall to the next support level of $ 85,000.

Ethereum ETH $3,434.40 Bridged Ether (StarkGate) 7.34% Market capitalization $0.31 billion VOL. 24 hours $1.38 billion is also recovering its position after falling to $ 2,920 on Monday. Its price is currently hovering around $ 3,223. If ETH breaks through the $ 3,235 level, it could reach resistance at $ 3,730. However, the RSI (41) and MACD are signaling bearish momentum, which could cause a drop to $ 3,000 if the price closes below $ 3,114.

Ripple XRP $2.94 XRP 11.36% Market capitalization $169.2 billion VOL. 24 hours $2.56 billion is showing the strongest growth among the three cryptocurrencies, rising 5.17% after retesting the upper boundary of the symmetrical triangle. XRP is currently trading at $ 2.8, and if the bullish momentum continues, it could reach the $ 3.63 target level set by the technical pattern. The RSI (67) and MACD indicators confirm the upside. However, traders should be careful, as there may be a surge in profit-taking at $ 3.00. If the price falls below $ 1.96, support may drop to $ 1.40.

The crypto market continues to show mixed signals, but the positive momentum in the short term may create opportunities for growth.