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Bitcoin, Ethereum, and Ripple prices surge, with BTC nearing its 50-day EMA at $70,700, ETH aiming for $4,000, and XRP reaching a new all-time high of $3.66
Bitcoin price is trading at $71,210, holding just above the 50-day Exponential Moving Average (EMA) at $70,752, while Ethereum and Ripple hover near crucial support zones, raising the risk of increased volatility in the near term [2]. The top three cryptocurrencies are approaching a critical juncture, with BTC retesting its 50-day EMA, ETH and XRP nearing key psychological levels, and the Relative Strength Index (RSI) indicating strong bullish momentum.
| At a glance | |
|---|---|
| Price | $71,210 (BTC), $2,203 (ETH), $1.33 (XRP) |
| 24h % move | 2.5% (BTC), 3.5% (ETH), stabilized (XRP) |
| Key level | 50-day EMA at $70,752 (BTC), $4,000 (ETH), $3.66 all-time high (XRP) |
| Catalyst | Bullish momentum, key technical levels, and macroeconomic events |
The recent surge in Bitcoin, Ethereum, and Ripple prices can be attributed to bullish momentum, with BTC recovering from a dip to $115,736 on Tuesday and ETH rallying over 20% this week [1]. The Relative Strength Index (RSI) on the daily chart reads 71 for BTC, rebounding on Tuesday and pointing upward, indicating strong bullish momentum [1]. Ethereum's RSI on the daily chart reads 85, above its overbought level of 70, indicating strong bullish momentum [1]. Ripple's XRP price has reached a new all-time high of $3.66, with momentum hinting at further rally [1].
The top three cryptocurrencies are approaching a critical juncture, with BTC retesting its 50-day EMA, ETH and XRP nearing key psychological levels [2]. Bitcoin price is trading at $71,210, holding just above the 50-day Exponential Moving Average (EMA) at $70,752, while Ethereum and Ripple hover near crucial support zones, raising the risk of increased volatility in the near term [2]. The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, suggesting that bullish momentum has cooled from recent highs [2].
| Token | Circulating Supply | Market Capitalization |
|---|---|---|
| BTC | not available | not available |
| ETH | not available | not available |
| XRP | not available | not available |
The real significance of the current price action lies in the ability of the top three cryptocurrencies to break above key technical levels and maintain their bullish momentum. As the market approaches a critical juncture, it remains to be seen whether BTC, ETH, and XRP can sustain their recent gains and push toward new highs.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jul 31, 2026 · How we report
Bitcoin is dropping due to hot core inflation data, a high probability of a Federal Reserve rate hike, and four consecutive days of net outflows from U.S. spot Bitcoin ETFs as of September 11, 2026. Additionally, long-term holders have been selling into the $77,000 to $80,000 price range, creating a supply wall that limits upward movement.
The $82,000 level serves as a key resistance zone for Bitcoin because sellers have repeatedly pushed the price lower from this area, including a peak of $82,283 on September 3, 2026. Analysts and AI models indicate that Bitcoin must break and hold above this level, supported by strong ETF inflows, to confirm a more bullish trend.
Bitcoin spot ETF flows impact price because when ETFs redeem shares, authorized participants sell Bitcoin to fund those redemptions, resulting in direct spot selling. Conversely, strong inflows act as a source of passive buying that absorbs supply and can help Bitcoin break through resistance levels.
A golden cross occurs when the 50-day moving average of Bitcoin rises above the 200-day moving average, which is generally viewed by market analysts as a bullish signal. Bitcoin formed its first golden cross since May 2025 following a recovery from its July 2026 lows.