The cryptocurrency market continues to experience key market shifts driven by macroeconomic factors, ETF developments, and institutional sentiment. Bitcoin remains in consolidation, Ethereum demonstrates resilience, Dogecoin surges on ETF-driven momentum, and Ripple (XRP) rallies amid regulatory optimism. With traders closely watching the Federal Open Market Committee (FOMC) meeting minutes, the coming days could shape the next major market move.

KEY HIGHLIGHTS

• Bitcoin Consolidates as ETF Outflows Signal Weakness
• Ethereum Holds Gains Amid Institutional Demand Concerns
• Dogecoin Surges on ETF Optimism and Institutional Interest
• Ripple Rallies as SEC Reviews XRP ETF Applications

Bitcoin Consolidates Amid ETF Outflows and Economic Uncertainty

Bitcoin Price Outlook

Bitcoin (BTC) remains range-bound between $94,000 and $100,000, consolidating amid market fluctuations. The US Bitcoin spot Exchange Traded Funds (ETFs) recorded a net outflow of $650.80 million, signaling potential weakness among institutional investors. Additionally, macroeconomic factors such as US economic data and former President Donald Trump’s diplomatic push regarding Russia-Ukraine peace talks have contributed to Bitcoin’s volatility.

Looking ahead, traders will closely monitor the FOMC meeting minutes for insights into future monetary policy. A dovish stance from the Fed could provide bullish momentum, while stronger-than-expected economic data may lead to short-term corrections. Institutional inflows and Bitcoin ETF performance will remain crucial in shaping market sentiment.

Technical Analysis

Moving Averages:

• Exponential:
  • MA 10: 97,551.78 | Bullish
  • MA 20: 98,382.61 | Bearish
  • MA 50: 98,175.08 | Bearish
• Simple:
  • MA 10: 96,946.62 | Bullish
  • MA 20: 98,944.07 | Bearish
  • MA 50: 98,763.16 | Bearish

Indicators:

• RSI: 46.97 | Neutral
• Stochastic Oscillator: 48.77 | Neutral

Resistance & Support Levels:

• Resistance: R1: 108,049.60 | R2: 112,749.36
• Support: S1: 92,835.13 | S2: 88,135.37

Trade Suggestion:

• Sell Limit: 97,185 | Take Profit: 94,766 | Stop Loss: 98,869

Ethereum Holds Gains Despite Institutional Outflows

Ethereum Price Outlook

Ethereum (ETH) demonstrated resilience this week, posting a 3% gain and trading around $2,712.60. While ETH maintained key support levels, selling pressure emerged due to weakening institutional inflows into crypto investment products.

Macroeconomic factors, including U.S. economic data and geopolitical developments, influenced Ethereum’s price movement. Network activity and staking trends remained stable, but strong catalysts for a breakout were lacking. Traders will focus on the FOMC meeting minutes, as a dovish Fed could bolster Ethereum’s price, while robust economic data may exert downward pressure.

Technical Analysis

Moving Averages:

• Exponential:
  • MA 10: 2,726.43 | Bearish
  • MA 20: 2,837.20 | Bearish
  • MA 50: 3,059.29 | Bearish
• Simple:
  • MA 10: 2,669.72 | Bullish
  • MA 20: 2,850.68 | Bearish
  • MA 50: 3,155.38 | Bearish

Indicators:

• RSI: 39.78 | Bearish
• Stochastic Oscillator: 47.97 | Neutral

Resistance & Support Levels:

• Resistance: R1: 3,636.04 | R2: 3,828.74
• Support: S1: 3,012.19 | S2: 2,819.49

Trade Suggestion:

• Sell Limit: 2,721.90 | Take Profit: 2,614.50 | Stop Loss: 2,791.40

Dogecoin Surges on ETF Speculation and Institutional Interest

Dogecoin Price Outlook

Dogecoin (DOGE) is experiencing a fresh wave of bullish momentum following the SEC’s acceptance of Grayscale’s application for a DOGE ETF. This development has bolstered optimism regarding institutional adoption, pushing DOGE toward key resistance levels.

On Friday, DOGE surged 3%, extending its weekly gains to 17%. With speculation surrounding a potential ETF, DOGE broke past $0.29 for the first time in 10 days, reinforcing market optimism.

Technical Analysis

Moving Averages:

• Exponential:
  • MA 10: 0.2684 | Bullish
  • MA 20: 0.2819 | Bearish
  • MA 50: 0.3095 | Bearish
• Simple:
  • MA 10: 0.2584 | Bullish
  • MA 20: 0.2801 | Bullish
  • MA 50: 0.3241 | Bearish

Indicators:

• RSI: 45.92 | Bullish
• Stochastic Oscillator: 56.24 | Neutral

Resistance & Support Levels:

• Resistance: R1: 0.4052 | R2: 0.4355
• Support: S1: 0.3069 | S2: 0.2765

Trade Suggestion:

• Buy Limit: 0.26 | Take Profit: 0.29 | Stop Loss: 0.25

Ripple Rallies Amid Regulatory Optimism

Ripple Price Outlook

Ripple (XRP) gained strong momentum over the past week, rising 16.5% to trade at $2.80. This rally was fueled by the SEC’s acknowledgment of applications from Grayscale and the New York Stock Exchange to list XRP ETFs, initiating a 240-day review period. This shift hints at a potential change in regulatory sentiment toward XRP.

Technical Analysis

Moving Averages:

• Exponential:
  • MA 10: 2.5985 | Bullish
  • MA 20: 2.6398 | Bullish
  • MA 50: 2.5796 | Bullish
• Simple:
  • MA 10: 2.4949 | Bullish
  • MA 20: 2.6683 | Bullish
  • MA 50: 2.6689 | Bullish

Indicators:

• RSI: 56.62 | Bullish
• Stochastic Oscillator: 72.62 | Neutral

Resistance & Support Levels:

• Resistance: R1: 3.3428 | R2: 3.6543
• Support: S1: 2.3344 | S2: 2.0229

Trade Suggestion:

• Buy Limit: 2.62 | Take Profit: 2.92 | Stop Loss: 2.48

Market Overview & Key Economic Events

• Bitcoin: Up 0.1% at 97,633
• Ethereum: Down 0.62% at 2,709.47
• Litecoin: Up 6.04% at 132.50
• Solana: Up 3.03% at 201.20
• Dogecoin: Up 2.81% at 0.279

Upcoming Economic Events:

• (USD) FOMC Meeting Minutes (Thursday)
• (GBP) CPI (YoY) (Wednesday)
• (CAD) Retail Sales (Friday)
• (USD) S&P Global Manufacturing PMI (Friday)