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Bitcoin, Ethereum, XRP rebound slightly as technicals signal bullish shift

Bitcoin, Ethereum, XRP rebound slightly as technicals signal bullish shift

  • Bitcoin steadies above $68,000, rising by 1% despite ETF outflows.
  • Ethereum is testing a breakout above $2,000, supported by renewed institutional interest.
  • XRP trades near the upper end of the range at $1.50 amid positive signals from the MACD and MFI indicators.

The cryptocurrency market is showing signs of a gradual recovery, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all edging higher at the time of writing on Wednesday after the price declines seen a day earlier. 

CoinGecko data shows the total cryptomarket capitalization is steady above $2.4 trillion as the Crypto King aims for a breakout above the $70,000 psychological level. Ethereum has returned above $2,000 and is testing its breakout strength amid a renewed…

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