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ETH Shakeout Confirmed; Bitcoin Pressures $93K and XRP Sets Sights on $2.30

Bitcoin has rallied decisively off the $80,000–$83,000 support band and is now challenging the Friday swing high near $93,100. A move above that threshold would put the descending trendline from the Oct. 8 all-time high back in focus as the next significant resistance area.

A period of consolidation may emerge before any breakout. On the hourly chart, the MACD histogram is printing weaker positive bars, highlighting fading short-term momentum. However, the daily MACD remains in bullish territory, reinforcing the broader upward bias. The $80,000–$83,000 zone continues to serve as the key support floor for bulls.

XRP has once again bounced from its long-established $2 base, reclaiming ground above the hourly Ichimoku cloud—a constructive signal for near-term price action. The immediate test lies at the $2.28–$2.30 resistance band. A successful breakout would shift focus toward the bearish trendline near $2.50, while rejection could pull the token back toward the $2.00 level.

Ether’s hourly structure reveals a clear bear trap, with price briefly slipping below the descending channel before snapping sharply higher. This pattern typically reflects seller exhaustion and a transition of control to buyers. With momentum turning upward, ETH now targets the Friday high around $3,100, with room to advance toward $3,500—the lower end of the Oct. 10 selloff. Key support sits at $2,600–$2,700.

Solana is approaching the upper limit of its multi-week consolidation band near $145. A decisive breakout would open the door for gains toward $165. Although the hourly MACD shows easing bullish momentum, the daily MACD remains supportive, suggesting the longer-term setup still favors an eventual upside move.