Bitcoin traded near $64,869 (+1.54%) and the total crypto market cap reached $2.21 trillion (+1.35%); BTC shows a weekly bullish divergence while trading in a $60,000–$67,000 range with key resistances at $64,300–$64,400, $65,000 and $67,000 and supports at $62,600–$62,700, $62,200 and $61,500. Ethereum at $1,921 (+1.21%) maintains a 3-day double-bottom off $1,500–$1,600 with a bullish breakout target of $2,070–$2,080 but faces resistance near $1,950 and a bearish daily RSI divergence that threatens momentum if ETH falls below $1,800. XRP around $1.08 is weaker and vulnerable if it closes below the $1.00–$1.05 zone despite exchange outflows indicating holders moving coins off CEX; neutral BTC dominance suggests altcoins, DeFi and token performance will largely track Bitcoin.

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Bitcoin traded near $64,869, up 1.54% over the past 24 hours, while Ethereum climbed to $1,921, up 1.21% on the day and XRP held near $1.08. Total crypto market capitalization stood at $2.21 trillion, up 1.35% over the past day.

Bitcoin: Weekly Bullish Divergence Still Intact

Bitcoin continues to hold a significant bullish divergence on the weekly chart, a pattern that has been confirming across multiple weekly candle closes. Analysts say the last comparable setup appeared near the end of the 2022 bear market, making this a longer-term signal that could play out over coming months rather than days.

On the 3-day chart, Bitcoin remains boxed between support near $60,000 and resistance in the $66,000 to $67,000 zone, a range that has held for weeks. The most recent local high formed right at that resistance band before pulling back.

Important resistance levels sit at $64,300-$64,400, then $65,000, and more significantly near $67,000, where a large liquidity pocket also sits. On the downside, support levels to watch are $62,600-$62,700, followed by $62,200 and $61,500. A fresh liquidity cluster has also built up just under $62,000.

Ethereum: Double Bottom Intact

Ethereum’s 3-day chart still shows an active “W” double-bottom pattern bouncing off support in the $1,500-$1,600 zone. However, resistance in the $1,950 area has capped rallies for weeks and remains firmly in play.

The bullish breakout target for this pattern sits at $2,070-$2,080, and the setup remains technically valid as long as ETH doesn’t break back below $1,800. That said, the daily chart is starting to show a bearish RSI divergence, with price posting higher highs while RSI prints lower highs, an early warning sign that upside momentum may be fading.

XRP: Bearish Divergence Invalidation Underway

XRP tells a weaker story. XRP currently trades at $1.08, having crashed dramatically from levels above $3 last year, and touching as low as $1.06 in recent sessions. Buying interest has emerged alongside exchange outflows, a sign some holders are moving coins off exchanges rather than preparing to sell.

The $1.00-$1.05 range is the important zone to watch. A daily close below it could open the door to fresh lows.

Bitcoin Dominance and Altcoin Outlook

Bitcoin dominance remains largely neutral on the 3-day chart, hinting that most major altcoins will continue tracking Bitcoin’s price action closely in the near term rather than diverging meaningfully.

Read the article at Coinpedia