|

Can BTC grow faster than Ethereum (ETH) or XRP in the short-term view?

The last day of the week has turned out to be bearish for most of the coins. Binance Coin (BNB) is the only exception to the rule, rising by 1.12% since yesterday.

Chart

Top 10 coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) has shown a price decrease since yesterday. It declined by 2.54%.

BTCUSD

BTC/USD chart by TradingView

On the daily chart, Bitcoin (BTC) has bounced off, confirming the fact that yesterday's decline was just a drop to gain liquidity for the ongoing rise.

In this case, the leading crypto now has the chance to test the level of $58,500 shortly.

Bitcoin is trading at $57,660 at press time.

ETH/USD

The rate of Ethereum (ETH) has not decreased as much as that of Bitcoin (BTC).

ETHUSD

ETH/USD chart by TradingView

From the technical point of view, Ethereum (ETH) is ready to keep the growth going after yesterday's decline, as one can consider the drop a retest of the mirror level but not the start of a bearish trend. Respectively, the potential short-term target is $2,300.

Ethereum is trading at $2,055 at press time.

XRP/USD

XRP is the top loser today as its rate has gone down by 4.37%.

XRPUSD

XRP/USD chart by TradingView

Despite the decline, the long-term trend remains bullish. Buyers' dominance will become more visible when XRP fixes above $0.652. In this case, the next level of $0.75 may be attained within the next few days.

XRP is trading at $0.5892 at press time.


Read full original article on U.Today

Author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis.

More from Denys Serhiichuk
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP slide further as risk-off sentiment deepens

Bitcoin faces extended pressure as institutional investors reduce their risk exposure. Ethereum’s upside capped at $3,000, weighed down by ETF outflows and bearish signals. XRP slides toward November’s support at $1.82 despite mild ETF inflows.

Ripple eyes record high breakout in 2026 as Ripple scales infrastructure

XRP has traded under pressure, but short-term support keeps hopes of a sustainable recovery in 2026 alive. The launch of XRP ETFs and regulatory clarity in the US pave the way for institutional adoption.

Bitcoin risks deeper correction as ETF outflows mount, derivative traders stay on the sidelines

Bitcoin (BTC) remains under pressure, trading below $87,000 on Wednesday, nearing a key support level. A decisive daily close below this zone could open the door to a deeper correction.

Monero builds momentum amid bullish bets and looming resistance

Monero (XMR) trades close to $430 at press time on Wednesday, after a 5% jump on the previous day. The privacy coin regains retail interest, evidenced by heightened Open Interest and long positions.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.