Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all increased by about 3% during Monday’s trading session, signaling a clear recovery amid the lull of the holiday season. Although liquidity remains low, BTC and large-cap altcoins are gradually regaining upward momentum, in the context of U.S. President Donald Trump pushing for peace negotiations between Russia and Ukraine. On the technical side, the outlook for Bitcoin, Ethereum, and Ripple is brightening as selling pressure shows signs of easing and a positive trend begins to form.
Bitcoin regains strength as the US promotes Russia–Ukraine ceasefire
Bitcoin enters the new trading week with a positive tone, supported by the easing geopolitical tensions as U.S. President Donald Trump intensifies efforts to promote a ceasefire agreement between Ukraine and Russia. In recent discussions with Ukrainian President Volodymyr Zelensky about prospects for peace, Trump stated that negotiations have achieved “a lot of progress.” However, key issues related to territorial delineation remain unresolved, likely requiring more time to resolve.
As of Monday afternoon, Bitcoin has risen more than 2%, surpassing the psychological threshold of $90,000. This recovery opens the possibility of forming a bullish Marubozu candle, reflecting overwhelming buying pressure, with the immediate target being the 50-day exponential moving average (EMA) at around $92,202.
From a technical perspective, BTC is still oscillating within an ascending symmetrical triangle pattern on the daily chart, formed by two converging trendlines. The upper resistance, near the 50-day EMA, connects the peaks formed on 11/15 and 12/9, serving as a crucial short-term barrier.
Daily BTC/USDT Chart | Source: Tradingview If Bitcoin can decisively close above $92,202, the breakout from the triangle pattern will be confirmed. Then, the 11/15 high at $96,846 and the 200-day EMA around $101,029 could become the next significant resistance levels.
Momentum indicators are also leaning positive. The Relative Strength Index (RSI) is currently at 53 and continues to rise after crossing above the neutral level, indicating increasing buying demand. Meanwhile, the MACD line is approaching zero, reflecting strengthening bullish momentum.
Conversely, if BTC loses support around $86,250, the triangle pattern will break downward. In that case, key lows set on 11/21 and 12/18, at $84,450 and $80,600 respectively, are likely to become critical support zones to watch.
Ethereum surpasses $3,000, heading toward the 50-day EMA
Ethereum is currently trading firmly above $3,000, marking its fourth consecutive gain and showing an increasingly clear recovery trend. At press time, ETH is up over 3%, approaching the 50-day exponential moving average (EMA) near $3,136 – an important short-term technical level.
If ETH successfully breaks above this EMA, its upward momentum is likely to extend, with the next target being the 200-day EMA at $3,374, representing approximately an 11% increase from the current price zone.
Daily ETH/USDT Chart | Source: Tradingview Similar to Bitcoin, daily momentum indicators show Ethereum’s strength improving significantly. The RSI has risen to 51 and crossed above the midline, indicating increasing buying pressure. There is still room for further gains before entering overbought territory.
Additionally, the MACD line has diverged from the signal line and avoided a bearish crossover, reinforcing the view that Ethereum’s bullish momentum remains intact.
In a correction scenario, this large-cap altcoin may retest the short-term support level, formed by connecting the lows on 11/21 and 12/18, around $2,850.
XRP recovers within a falling wedge pattern, aiming for a breakout above $2
Ripple (XRP) increased over 2% at the time of writing during Monday’s trading session, pushing the price close to the resistance line of the falling wedge pattern on the daily logarithmic chart, around $1.94. If XRP decisively breaks through this trendline, the bullish momentum could be reinforced, paving the way for the price to target the 50-day EMA at $2.06.
Daily XRP/USDT Chart | Source: Tradingview Regarding momentum, the RSI is oscillating around 45 and trending upward toward the midline, indicating selling pressure is weakening significantly. Meanwhile, the MACD continues to widen its upward trajectory after crossing above the signal line on Saturday, reflecting renewed bullish strength.
Conversely, in a negative scenario, if XRP reverses and breaks below the support level of $1.90, the price could face further correction, retreating to test the S1 Pivot Point around $1.79.
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