# Bitcoin, Ethereum, XRP Prices Under Pressure as Momentum Weakens

**Published:** 2026-09-02T08:58:09.925Z  
**Topic:** Ethereum  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/56f99404-6a20-49cc-8b61-c7a64ecc313d

Bitcoin trades at $107,800 after a 5.49% weekly drop. Ethereum slips below $4,000, while XRP is at $2.38 as bearish signals emerge.

Bitcoin (BTC) is hovering around $107,800 on Monday, down 5.49% over the past week, as selling pressure mounts across major cryptocurrencies [1]. Ethereum (ETH) has slipped below the $4,000 mark, and XRP is trading at $2.38, with momentum indicators suggesting potential for further declines for both assets [1].

| At a glance | |
|---|---|
| Bitcoin (BTC) Price | $107,800 [1] |
| Weekly Change | -5.49% [1] |
| Key Level | Below $106,453 support [1] |
| Catalyst | Rejection from 50-day EMA at $113,950 [1] |

## Bitcoin's Recent Correction and Technical Signals
Bitcoin's price faced rejection from its 50-day Exponential Moving Average (EMA) at $113,950 on Tuesday, leading to a 7.36% decline by Friday [1]. BTC found support near the 61.8% Fibonacci retracement level at $106,453 on Saturday, recovering 2.22% the following day [1]. As of Monday, BTC is around $108,700 [1].

The Relative Strength Index (RSI) for Bitcoin is at 40 on the daily chart, below the neutral 50 level, indicating increasing bearish momentum [1]. The Moving Average Convergence Divergence (MACD) also showed a bearish crossover on October 11, reinforcing the bearish outlook [1]. If BTC closes below $106,453, it could extend its decline towards the October 10 low of $102,000 [1]. Conversely, a recovery could see it test the previously broken trendline near $110,000 [1].

## Ethereum and XRP Show Weakness
Ethereum corrected over 4% last week after being rejected from daily resistance at $4,232 [1]. On Monday, ETH is around $3,953 [1]. Similar to Bitcoin, Ethereum's RSI and MACD indicators support a bearish view [1]. If the downward momentum continues, ETH could decline towards the 61.8% Fibonacci retracement level at $3,593, which aligns with the 200-day EMA [1]. A recovery could lead to a retest of the $4,232 daily resistance [1].

XRP's price corrected more than 5% last week after encountering resistance around the lower trendline of a falling wedge pattern [1]. As of Monday, XRP is trading at approximately $2.38 [1]. Its momentum indicators, RSI and MACD, also suggest a bearish outlook [1]. A continued downward trend could push XRP towards the next daily support at $1.96 [1]. If XRP recovers, it could extend towards the 200-day EMA at $2.61 [1].

| Key Support and Resistance Levels | |
|---|---|
| **Bitcoin (BTC)** | |
| Support | $106,453, $102,000 [1] |
| Resistance | $110,000 [1] |
| **Ethereum (ETH)** | |
| Support | $3,593 [1] |
| Resistance | $4,232 [1] |
| **XRP** | |
| Support | $1.96 [1] |
| Resistance | $2.61 [1] |

## What to watch
*   **Bitcoin's $106,453 support:** A daily close below this level could signal a deeper correction towards $102,000 [1].
*   **Ethereum's $3,593 level:** This 61.8% Fibonacci retracement level, coinciding with the 200-day EMA, is a key downside target [1].
*   **XRP's $1.96 support:** Monitoring whether XRP can hold this daily support level will be crucial for its near-term trajectory [1].

The current market sentiment for Bitcoin, Ethereum, and XRP appears to be shifting, with technical indicators broadly suggesting a weakening of bullish momentum and potential for further price corrections across these major cryptocurrencies.

## Sources
1. Fxstreet — [Top 3 Price Prediction: Bitcoin, Ethereum, Ripple - BTC, ETH and XRP ...](https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-eth-and-xrp-struggle-as-selling-pressure-mounts-202510200333)
2. FXStreet — [Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP under pressure as momentum indicators flag early bearish signals](https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-eth-xrp-under-pressure-as-momentum-indicators-flag-early-bearish-signals-202609020333)

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Cite as: TrendWatcher, "Bitcoin, Ethereum, XRP Prices Under Pressure as Momentum Weakens", https://www.trendwatcher.in/article/56f99404-6a20-49cc-8b61-c7a64ecc313d