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Bitcoin, Ethereum, and XRP Prices Hold Key Structures Despite Market Sell-Off

Bitcoin, Ethereum, and XRP Prices Hold Key Structures Despite Market Sell-Off. Source: EconoTimes

Bitcoin price, Ethereum price, and XRP price faced notable downside pressure during today’s broad crypto market sell-off, as major digital assets recorded sharp 24-hour declines. The pullback came amid heightened uncertainty surrounding U.S. crypto regulation and a broader reduction in risk appetite across digital assets. Despite this weakness, higher-timeframe market structure remains intact, suggesting the move reflects controlled repositioning rather than a full trend breakdown.

Analysts point out that the recent decline was driven by organized selling, not panic liquidations. Market participants have reduced directional exposure instead of exiting crypto entirely, resulting in capital rotating into tighter trading ranges. This shift follows disappointment over delays in U.S. crypto legislation, particularly after Coinbase withdrew political support for the Crypto Market Structure Bill ahead of its markup session. While the bill still supports long-term adoption, delays have injected short-term uncertainty, encouraging consolidation over aggressive trend continuation.

Bitcoin price continues to respect a rising trendline that has acted as dominant support. Multiple liquidity sweeps below local lows have been met with swift recoveries, reinforcing the idea of buyer defense. Trading near $92,936 at last check, Bitcoin remains structurally constructive as long as it holds above trendline support, with resistance seen in the $94,500 to $96,000 range.

Ethereum price has seen steeper losses, trading around $3,209, but continues to form higher lows beneath the critical $3,400 resistance level. This compression suggests accumulation rather than distribution, with analysts viewing a breakout above $3,400 as a potential catalyst toward the $4,000 region. Until then, Ethereum remains in a healthy consolidation phase.

XRP price stands out for its resilience, holding above a multi-year breakout structure established after a long accumulation period. Trading near $2.01, XRP remains bullish as long as it stays above the $1.30 support level, with higher targets acting as reaction zones rather than guarantees.

Overall, Bitcoin, Ethereum, and XRP prices have absorbed the market sell-off without violating critical structural levels, keeping broader bullish frameworks intact despite ongoing volatility.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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