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Bitcoin surged to $116,868, breaking its previous peak; ETH tests $3,000 resistance and XRP climbs past $2.47 – see key levels and what could trigger the next
Bitcoin surged to a fresh all‑time high of $116,868, keeping the market above the $116,600 mark and putting the $120,000 psychological barrier in view【1】. The rally lifts the top three crypto assets, with Ethereum hovering near $3,000 and Ripple holding above $2.47, framing the next price tests for each token.
| At a glance | |
|---|---|
| Bitcoin price | $116,868 |
| 24h move | +0.2 % (still above $116,600) |
| Key level | $120,000 target; $108,355 support if corrected |
| Catalyst | Breakout from $108,355 consolidation zone and bullish MACD crossover【1】 |
| At a glance | |
|---|---|
| Ethereum price | $2,970 |
| 24h move | +6.6 % |
| Key level | $3,000 resistance; $2,724 support if rejected |
| Catalyst | Daily close above $2,724 and bullish MACD signal【1】 |
| At a glance | |
|---|---|
| Ripple price | $2.57 |
| 24h move | +13 % week‑to‑date |
| Key level | $2.72 resistance; $2.47 support if pulled back |
| Catalyst | Break of descending trendline and bullish MACD crossover【1】 |
The $116,868 peak follows a decisive exit from a prior consolidation zone that capped at $108,355. Technical indicators reinforce the upside: the daily RSI sits at 71, just above the overbought threshold of 70, and the MACD displayed a bullish crossover at the end of June, with green histogram bars staying above zero【1】. While momentum appears strong, the overbought RSI suggests a pullback could target the former consolidation upper bound at $108,355 if price pressure reverses.
Ethereum rebounded from a $2,461 support level, rallying 10 % to close above its daily resistance at $2,724 and then testing the $3,000 psychological barrier. The daily RSI of 72 mirrors Bitcoin’s overbought stance, and a bullish MACD crossover supports further upside, though a failure to stay above $3,000 could see price retreat to $2,724【1】. Ripple’s price broke a descending trendline on June 30, climbing 13 % to settle near $2.57. With the RSI at 73 and a bullish MACD, the token could push toward $2.72, but a slip below $2.47 would signal a correction【1】.
The trio’s coordinated strength underscores a broader bullish sentiment in the crypto market, yet the elevated RSI readings across all three suggest that any shift in momentum—whether from profit‑taking or external news—could quickly test the identified support zones.
Coverage is mostly measured — 241 of 286 reports stay neutral.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 29, 2026 · How we report
As of the latest reports, Bitcoin is priced at about $63,400, down $1,950 from the previous day and roughly $54,680 lower than a year ago.
Bitcoin’s all‑time high was $126,198 in October 2025, making the current price roughly 50% lower.
Analysts point to a bullish divergence in the weekly relative strength index (RSI) as evidence that downside momentum may be weakening.
Bitcoin’s market cap is around $1.33 trillion, significantly larger than that of Ethereum, which is about $233 billion.
Analysts note that Bitcoin remains in a downtrend below its 200‑day moving average and could see further declines, with some forecasting a potential bottom below $40,000.