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

• 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.

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