🔥 BTC & XRP Near ATHs—ETH Sets Sights on $4,000 Breakout! �
Monnie Brunt OkvK
Updated at: 8 hours ago
{"content":"🔥 BTC & XRP Near ATHs—ETH Sets Sights on $4,000 Breakout! 🚀📊
Bitcoin nears its upper consolidation zone around $120,000 on Wednesday, moving closer to its all-time high of $123,218.
Ether is holding above its daily support level at $3,730, with bulls seeking $4,000.
Since retesting $3.40, Ripple's XRP has risen to approach its record high.
Bitcoin (BTC) and Ripple (XRP) are hitting record highs, while Ethereum (ETH) is steadily approaching $4,000.
Bitcoin may reach $120,000 record high.
Bitcoin has been trading between $116,000 and $120,000 since July 14, when it reached a record $123,218. As of Wednesday, it trades around its top consolidation band at $120,000.
BTC might rebound to $123,218 if it closes above the consolidation range's top barrier of $120,000 daily.
BTC might drop below the 50-day Exponential Moving Average (EMA) at $110,989 if it goes below the lower consolidation barrier of $116,000 daily.
Ethereum gains significant support.
Ethereum surged 26.40% last week and broke $3,730 daily barrier on Sunday. Beginning this week, ETH price stabilized over $3,730. It's roughly $3,736 as of Wednesday.
If the daily level at $3,730 holds, ETH might surge to its next psychological milestone around $4,000.
However, ETH may continue to fall below $3,500 if it corrects and closes below the daily support barrier of $3,730.
As XRP approaches all-time highs
XRP rose 20% last week to $3.66, a new record high, before falling slightly on Friday. On Saturday, XRP retested $3.40 and found support, recovering 4.15% over the following three days. As of Wednesday, it's roughly $3.50.
XRP might reach $3.66, a record, if it keeps rising. The rally will reach its 141.40% Fibonacci extension level at $4.13, drawn from the January high of $3.40 to the April low of $1.61, if it closes above this level
However, XRP might fall further to support around $3.40, its daily level.
#BTCvsETH #xrp #ETHBreaks3700 #CryptoMarket4T #GENIUSAct $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/23/3453367b50614b149acfc90865a59d64.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}