Close Menu
Daily ForexDaily Forex
  • Home
  • Broker Comparison
  • Market Rates
  • Market Updates
  • News
  • About us
  • Contact us
  • List your Broker
  • Advertise with us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

USD → PKR Opening Market Rates for today, July 25, 2025

July 25, 2025

Gold Prices – Opening Rates (July 25, 2025)

July 25, 2025

GBP/USD Holds Near 1.3600 as Risk Appetite Grows, UK PMI in Focus

July 24, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • List Your Broker
  • Advertise with Us
  • Economic Calendar
Facebook X (Twitter) Instagram YouTube Telegram
Daily ForexDaily Forex
Demo
  • Home
  • Broker Reviews
  • Learn Forex
  • Learn Crypto
  • Market Rate
  • Market Updates
  • News
Daily ForexDaily Forex
Home » Bitcoin, Ethereum, and XRP Rally as Bullish Momentum Builds Ahead of Weekend
Crypto

Bitcoin, Ethereum, and XRP Rally as Bullish Momentum Builds Ahead of Weekend

By Yasher RizwanJuly 4, 2025No Comments2 Mins Read1 Views
Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
Bitcoin, Ethereum, and XRP price charts showing a steep downward trend under market pressure.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Bitcoin (BTC) breaks above $109,000, eyeing a potential move toward its all-time high.
  • Ethereum (ETH) confirms breakout past key resistance, targets $2,700 zone.
  • XRP gains traction after reclaiming $2.23, signaling potential for further upside.

Cryptocurrencies are showing strong bullish momentum heading into the weekend, with Bitcoin, Ethereum, and XRP all staging key technical breakouts. The move follows a period of consolidation and signals potential for continued upside in the short term.

Bitcoin Clears $109K: Rally Toward ATH in Sight

Bitcoin has convincingly broken out of its recent consolidation range, trading above $109,000 as of Friday. This upward momentum was triggered after the price closed above the $108,355 barrier, a level that had capped gains earlier in the week.

With BTC now within striking distance of its May 22 all-time high of $111,980, momentum indicators support the bullish case. The daily RSI sits at 58, climbing from neutral territory, while the MACD shows a bullish crossover with growing green histogram bars — all signs of strengthening buyer conviction.

However, a daily close back below $108,355 would expose the $105,330 support level.

Ethereum Builds Above $2,500: Next Stop $2,724?

Ethereum has regained bullish control, rising nearly 7% after bouncing off its 50-day EMA at $2,445. The move above the critical $2,461 resistance level has opened the door for a push toward the next upside target at $2,724.

The daily RSI holds at 56, and the MACD has flipped bullish with increasing momentum — both favoring further gains. If momentum continues, ETH could reclaim the $2,700 territory in the coming sessions. A dip back below $2,461 would invalidate the breakout and suggest a short-term pullback.

XRP Clears Trendline Resistance: Eyes $2.47 Next

XRP has broken out of its downtrend, finally pushing above a descending trendline that had capped price action since mid-May. The breakout above $2.23 — now turned support — strengthens the bullish outlook, with XRP trading at $2.24 on Friday.

With the RSI at 54 and a bullish MACD setup in place, XRP appears primed for a run toward its recent swing high at $2.47. Holding above $2.23 will be critical to sustaining the rally.

Stay Updated with Daily Forex Pakistan.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

GBP/USD Holds Near 1.3600 as Risk Appetite Grows, UK PMI in Focus

July 24, 2025

EUR/JPY Forecast: Bullish Bias Holds Above 170.50 Despite EMA Break

July 24, 2025

Australian Dollar Surges to 8-Month High as US Dollar Weakens on Trade Optimism

July 24, 2025

Gold Price Holds Below $3,400 Amid Trade Optimism, but Downside Risks Appear Limited

July 24, 2025

AUD/USD and NZD/USD Extend Gains on Trade Optimism, While USD/JPY Struggles at Key Resistance

July 24, 2025

Bitcoin Consolidates Before Next Surge Toward $136K – Bigger Move to $164K Still on the Horizon

July 24, 2025
Leave A Reply Cancel Reply

Top Posts

Should Forex Traders Use Brokers Offering Deposit Bonuses? Is It Really Worth It?

March 6, 20252,715 Views

Pakistan Confident in IMF Bailout Review as Economic Stability Gains Momentum

March 4, 20252,651 Views

Gold Price in Pakistan Today – March 7, 2025 (Morning Update)

March 7, 20252,640 Views
Don't Miss

USD → PKR Opening Market Rates for today, July 25, 2025

July 25, 2025

USD to PKR opens stable on July 25, 2025, as traders watch U.S. economic data and local market developments in Pakistan.

Gold Prices – Opening Rates (July 25, 2025)

July 25, 2025

GBP/USD Holds Near 1.3600 as Risk Appetite Grows, UK PMI in Focus

July 24, 2025

EUR/JPY Forecast: Bullish Bias Holds Above 170.50 Despite EMA Break

July 24, 2025
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews
Daily Forex
Facebook X (Twitter) YouTube
  • Home
  • Privacy Policy
  • Terms of use
  • Disclaimer
  • Feedback
Copyright © 2025 DailyForex.pk. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.