Crypto Market Watch: Bitcoin Holds Steady at $104K - What's Next for ETH & XRP? | Key Support Levels & Technical Outlook

• Bitcoin consolidates gains near psychological $100K level after double-digit weekly advance

• Ethereum demonstrates resilience at critical moving average support zone

• Ripple maintains bullish structure above key technical indicators

The litecoin price newscryptocurrency market enters consolidation phase after significant weekly moves, with Bitcoin (BTC) currently trading around $104,000 following a 10.44% advance. Ethereum (ETH) and Ripple (XRP) mirrored BTC's upward trajectory with 39% and 10% gains respectively, now testing crucial technical levels.

Bitcoin's Bullish Momentum Faces Resistance Test

After decisively breaking through the $97,700 resistance last Thursday, Bitcoin price extended its rally before encountering selling pressure near $105,000. The current pullback suggests potential exhaustion among buyers, with the daily Relative Strength Index (RSI) reading 73 - well into overbought territory.

Market participants should monitor these key developments:

- Immediate support at $100,000 psychological level

- Resistance cluster near $105,000

- RSI trajectory for signs of momentum shift

A sustained break above $105,000 could open path toward record highs, while failure to hold current levels might trigger deeper retracement.

Ethereum's Critical Support Zone in Focus

Ethereum's impressive 44% surge last week brought the asset above its 200-day Exponential Moving Average (EMA) near $2,427. The current price action around $2,500 represents a critical juncture for ETH bulls.

Technical observations reveal:

- Strong momentum with RSI at 79 (extreme overbought)

- 200-day EMA acting as dynamic support

- $3,000 as next psychological target

Traders should watch for either continuation above current levels or potential mean-reversion pullback toward lower support zones.

Ripple Builds Bullish Case Above Key Moving Average

XRP's breakout above its 50-day EMA at $2.20 last week established a new technical foundation. Current trading near $2.38 shows healthy consolidation after the 16% advance, with RSI reading 60 suggesting room for additional upside.

Important levels to watch:

- Immediate resistance at March high of $2.50

- Support at 50-day EMA ($2.20)

- $3.00 as longer-term target

The coming sessions will determine whether XRP can maintain its positive technical structure or require deeper retest of support levels.