Expert Reveals What's Next For Bitcoin, Ethereum and XRP Prices

Source: CryptoNewsNet Original Title: Expert Reveals What’s Next For Bitcoin, Ethereum and XRP Prices Original Link: Bitcoin is hovering near a crucial technical level, raising the risk of a deeper pullback if support fails. Market analysis shows that while bullish sentiment has remained broad in recent months, current price action indicates the market is sitting at a make-or-break zone. Bitcoin briefly slipped below a trend line earlier this week before moving back above it—a development described as encouraging but far from decisive.

The bigger pattern still matters, as the recent short-term uptrend sits inside a larger bearish formation. If Bitcoin confirms a break below this level, the downside risk opens up quickly.

Bitcoin Faces Risk of Deeper Pullback

According to technical analysis, a confirmed breakdown could push Bitcoin into a lower support range between $74,000 and $69,000, with multiple historical price pivots in that area suggesting it would act as the next major zone where buyers may step in.

At the same time, a breakdown has not yet been confirmed. If Bitcoin manages to hold the current trend line and rally higher, the bearish setup could fail. A move back above the upper boundary of the current price channel would invalidate the classic “bear flag” pattern and restore bullish momentum.

Ethereum Tests Crucial Support

Ethereum is showing a similar technical picture. The token is trading near a short-term support line that has held multiple times in recent weeks. A confirmed break below this level could send Ethereum toward its next major support near $2,100.

If that level gives way, the downside could accelerate. On the upside, any rebound would likely face resistance along a descending trend line that has capped recent rallies.

XRP Holds, but Support Is Critical

XRP has been more volatile, following a short-term breakout earlier this month that was followed by a sharp pullback. The focus now is on a clearly defined support zone between roughly $1.77 and $1.61.

As long as that zone holds, bulls still have a case. However, a decisive break below that range could expose XRP to much steeper losses, with little meaningful support until much lower levels. On the upside, $2.20 is identified as the first major resistance area traders should watch.

The key takeaway: several major crypto assets are currently sitting at levels that demand close attention from market participants.