- *Bitcoin records a new all-time high, surpassing $121K, with bulls targeting $126K.*
- *Ethereum edges higher above $3,000, supported by a golden cross, increasing the chances of further gains.*
- *Ripple’s XRP extends Sunday’s gains for a bullish start to the week, inching closer to the $3 mark.*
Bitcoin’s hitting overdrive! Monday saw BTC smash records, rocketing to a staggering $121,492. Ethereum’s also on fire, blasting past $3,000. And Ripple? XRP is charging towards $3, threatening to break the $3 barrier. Is this just the beginning? Traders are betting on a mega-rally for crypto’s top dogs.
Bitcoin hits a new all-time high, targets $126K
Bitcoin blasts past $121,000! Monday sees the crypto king surging almost 2%, venturing into price territory previously unseen. This latest bull run smashes against the $121,357 ceiling, a key Fibonacci retracement level (61.8%) calculated from its spring surge – the leap from $74,508 on April 7th to $111,980 on May 22nd. Is this just a pit stop, or are we gearing up for an even wilder ride?
Bitcoin blasts into uncharted territory! A surge past $121,357 unlocks the next level: $127,652, pinpointed by the golden 78.6% Fibonacci retracement. Buckle up for the ride!
Bitcoin’s daily chart is screaming “overbought!” The RSI is flashing a warning sign at 77. But hold on – the MACD tells a different story: Green histogram bars are climbing aggressively above the zero line, hinting that the bulls are just getting started. Is this a trap, or the prelude to a massive surge?
BTC/USDT daily price chart.
“Bitcoin teeters on a knife’s edge! A reversal at the $121,357 mark – the critical 61.8% Fibonacci level – could unleash a cascade, dragging the price down to $116,936. Is this the final stand, or will the bulls find strength?”
Ethereum exceeds $3,000 as uptrend gains traction
Ethereum is back, baby! Surging past $3,000 like a digital phoenix, the second-largest cryptocurrency has hit a five-month peak, boasting a 2% gain today. But the rally isn’t just a fleeting flicker. Ethereum is now eyeing the $3,067 mark, a critical 61.8% Fibonacci retracement level. Will it break through this barrier, measured from its December peak to April’s trough? All eyes are on ETH as it dances on the edge of a major bullish breakthrough.
A decisive close above this level could extend the uptrend towards the 78.6% Fibonacci level at 3,525.
Forget tea leaves, read the charts! When the 50-day EMA sprints past the 200-day EMA, it’s not just a line crossing – it’s a “Golden Crossover,” and seasoned investors perk up. Think of it as the market flashing a ‘buy’ signal, whispering that a bullish trend is about to ignite.
Bulls are flexing.The Relative Strength Index screams “overbought” at 74, but that’s not stopping the MACD – its green histogram bars are climbing like vines, signaling serious upward thrust. Buckle up.
ETH/USDT daily price chart.
Alternatively, should Ethereum stumble, retreating from the $3,067 mark, anticipate a potential fallback towards the $2,746 level a critical point defined by the 50% Fibonacci retracement.
XRP’s trend reversal rally eyes $3 breakout
XRP surges into the new week, riding the momentum of last week’s impressive 24% gain with a 3% jump today. The cross-border payment token is shattering ceilings, decisively breaking free from a resistance trendline that has capped its potential since mid-January, withstanding further pressure in May.
XRP is staging a daring climb, its sights locked on the formidable $2.99 barricade – the high-water mark of March 2nd. Shattering this ceiling in a daily close could unleash a surge toward $3.29, a level not witnessed since January 20th.
XRP’s meteoric rise has triggered RSI alarms, screaming “overbought!” at a dizzying 83. Yet, beneath the surface, MACD whispers a different story: bullish momentum is building, a green wave surging from the depths, hinting this rally might have more fuel in the tank.
XRP/USDT daily price chart.
On the downside, a reversal in XRP could retest the $2.65 support level last tested on Saturday.
Thanks for reading Top 3 Price Prediction: Bitcoin Ethereum Ripple – BTC ETH exceeds $121K and $3000 XRP eyes above $3
