This FXStreet article provides a technical analysis of Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), noting their recent price consolidation and potential for upward breakouts. It highlights key support and resistance levels for each cryptocurrency, along with the significance of moving averages like the 200-day EMA for Bitcoin and the 100-day EMA for Ripple. The analysis incorporates indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) to assess momentum. Additionally, the article offers brief explanations of altcoins, stablecoins, and Bitcoin dominance within the broader cryptocurrency market.
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