BTC, ETH and XRP Push High as Short Squeeze Lifts Crypto

Key Moments

• Bitcoin (BTC) trades around $81,334 on Monday after gaining over 5% last week, with price holding comfortably above its 50-, 100- and 200-day EMAs.
• Ethereum (ETH) changes hands near $2,663, supported by a tightly stacked EMA cluster between roughly $2,200 and $2,335 and an RSI reading close to 67.
• XRP hovers around $1.415, maintaining price action above key EMAs and a $1.300 support band, with indicators signaling fading bearish pressure.

Broad Crypto Market Extends Recent Rally

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) continue to build on last week’s strength on Monday, after logging gains of over 5%, 6% and 5%, respectively, in the prior week. BTC trades above $81,300, ETH moves above $2,600, and XRP holds over the important $1.300 area. Across all three, momentum studies point to an early-stage bullish phase that could allow for additional upside if current conditions persist.

Bitcoin Price Targets Horizontal Resistance Near $85,000

Bitcoin is quoted at $81,334 on Monday after advancing more than 5% last week. The short-term technical backdrop stays constructive, with BTC trading well above its 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), which are grouped in a broad zone between about $72,000 and $75,000.