Bitcoin, Ethereum and XRP have entered important technical zones as weakening momentum meets increasingly oversold conditions. Bitcoin continues to hold its broader bullish structure, despite struggling below the $80,000 threshold.
Ethereum faces a similar test around $2,400 after a powerful recovery from its recent lows. Meanwhile, XRP has entered a deeper correction after failing to sustain its advance toward $1.60.
Bitcoin trades near $77,405 after August’s strong advance, with buyers still protecting the broader trend. Price remains above the 20-day EMA at $74,640. It also trades above the 50-day EMA near $70,267.
Additionally, Bitcoin remains above its 100-day and 200-day EMAs at $69,193 and $72,331. This alignment keeps the medium-term structure constructive, despite recent consolidation.
However, BTC continues to encounter selling pressure between $78,700 and $80,000. A daily close above $81,255 could trigger another move toward $83,000 and potentially $85,000.
Meanwhile, the Stochastic RSI has dropped to 16.72, indicating deeply stretched short-term momentum. Consequently, buyers could attempt a relief rally if Bitcoin holds $76,683 to $77,000.
A break below $74,000 would change the picture. Such weakness could send Bitcoin toward $72,331 and $71,765.
Ethereum has maintained its medium-term recovery after breaking higher from the $1,820 region. The cryptocurrency now trades around $2,417 as buyers attempt to protect recent gains.
The $2,400 region has therefore become a critical dividing line for ETH. Holding this area could encourage another attempt at $2,500.
Moreover, a break above $2,568 would strengthen the bullish case. Ethereum could then target the $2,700 to $2,800 region.
The Stochastic RSI sits near 12.5, showing stronger oversold conditions than Bitcoin. Hence, ETH could see renewed buying if support continues to hold.
Conversely, a decisive daily close below $2,400 would weaken the recovery structure. Ethereum could then retreat toward $2,282 and potentially $2,194.
XRP trades near $1.3425 after losing momentum from its recent advance toward $1.55. The token now tests the $1.34 region, which closely matches its 0.5 Fibonacci retracement.
The 200-day EMA near $1.3505 creates another immediate hurdle. Therefore, XRP needs to reclaim $1.35 before buyers can regain stronger control.
A successful recovery could push XRP toward $1.4269. Above that level, attention would shift toward $1.546 and $1.58.
However, failure to defend $1.3077 could expose XRP to $1.2599. Additional selling could then send the token toward the $1.215 to $1.216 area.
The Stochastic RSI stands at 16.78, signaling stretched downside momentum. Consequently, XRP could experience a relief bounce, although the indicator alone cannot confirm a reversal.
