Bitcoin (BTC) is trading around $115,000 , showing early signs of recovery even though it’s still below the EMA50 on the 4-hour chart. The overall trend is turning positive, and the technical setup hints that BTC might be gearing up for a strong upward move soon. BTC Chart (Source TradingView) The key resistance level is at $117,800 . If Bitcoin moves above this price and holds, a quick rise toward $120,000 is highly possible. Buyers have been slowly taking control, and every small dip is being supported by strong demand. On the other hand, BTC has a solid support area near $109,600 , which has been protected many times. As long as Bitcoin stays above this support, the overall trend remains favorable for bulls. RSI (Source TradingView) Looking at the RSI (Relative Strength Index) on the 4-hour chart, it continues to rise steadily. This shows that buying pressure is increasing and traders are becoming more confident. A rising RSI usually signals that momentum is shifting to the ...
XRP is showing signs of coming back after the recent crypto crash. Right now, it is trading around $2.38 . Recently, the price dropped, but now it is starting to recover, and the market is showing positive signals for a possible rise. XRP Chart (Source TradingView) On the 4-hour chart , XRP is trading just below the EMA 50 , which is an important moving average that shows short-term trends. The $2.29 level is acting as strong support, keeping the price from falling further. On the upside, the $2.50 level is a key resistance. If XRP breaks above $2.50, it could continue to rise toward $2.71 , which is about 17.65% higher than its current price. Looking at RSI (Relative Strength Index) on the 4-hour chart, it has started to rise after being in the oversold zone. This shows that selling pressure is reducing and buyers are slowly stepping in. A rising RSI is a good sign that momentum is turning positive. The MACD indicator is also about to give a positive signal. When this happens, i...