Bitcoin, Ethereum, Ripple: Turning Point Where Moving Averages and Technical Resistance Meet

After a slight correction last week, Bitcoin, Ethereum, and Ripple are trading near important technical levels. As of (2025-12-24 23:31:13), BTC is around $87.83K, ETH is around $2.96K, and XRP is around $1.87, with all three assets standing at a crossroads between key support and resistance zones.

How Market Participants Watch Moving Averages

In technical analysis, moving averages are essential tools for judging asset trends. Mid-term moving averages like the 50-day exponential moving average(EMA) filter out short-term volatility and reveal the true trend direction. Currently, market participants are focusing on the momentum strength indicated by each asset oscillating above and below these moving averages. When combined with auxiliary indicators like RSI(Relative Strength Index) and MACD, traders can determine whether the market is undergoing a simple correction or a trend reversal.

Bitcoin: Waiting for Direction at a Complex Resistance Zone

Bitcoin has formed a ‘complex resistance zone’ where the downward trendline established since early October intersects with the 61.8% Fibonacci retracement level(94,253) from the April low(74,508). After facing resistance in this zone last week, it is currently trading around $87.83K.

The daily RSI is at 43, remaining below the neutral line, and the MACD line’s convergence suggests a bearish crossover could occur. If the correction deepens, the next support level is likely at $85,569(78.6% Fibonacci level).

Conversely, if BTC breaks through the $94,253 resistance and closes above it, the scenario of a rally toward the psychological milestone of $100,000 could reopen.

Ethereum: Rebreaking the 50-day EMA is Key to Trend Reversal

Ethereum has entered a correction phase after failing to close above the 50-day EMA($3,280) repeatedly. It is currently trading near $2.96K, heading toward the daily support at $3,017.

Notably, the daily RSI has fallen to 49, just below the neutral line, indicating early-stage bearish momentum. If the $3,017 support is broken on a daily close, the next target could extend down to $2,749.

On the bullish side, if ETH reclaims and sustains above the 50-day EMA at $3,280, the likelihood of a trend reversal from a simple correction increases significantly.

Ripple: Defending the $1.96 ‘Lifeline’ Will Decide Future Moves

Ripple declined about 3.22% last week, marking its second weekly loss, and is currently trading around $1.87. It tested the key daily support at $1.96 on Sunday and is now just above this support level.

The daily RSI at 40 indicates increasing selling pressure, and the convergence of the MACD line reflects market uncertainty about the direction. If the $1.96 support is broken, further correction toward the daily support at $1.77 is possible, which could signal a move into a deeper correction phase.

Conversely, if the $1.96 support holds, there could be an attempt to rebound toward the daily resistance at $2.35.

Conclusion: Technical Levels Will Shape Short-Term Trends

All three assets have reached critical technical junctures. The defense or breach of key technical levels, including moving averages, will likely determine whether the market undergoes further correction or begins a trend reversal.