• Bitcoin trades above $82,000, signaling stability and attempts to recover after a week-long correction.
• Ethereum ticks up as bulls eye the 50-day EMA as short-term support for recovery above $2,500.
• XRP rises and reclaims the $1.40 support level despite a firm MACD sell signal.

Cryptocurrency prices hold broadly stable on Friday, as Bitcoin (BTC) attempts to rise above the reclaimed $82,000 level. Ethereum (ETH) sits above the pivotal $2,500 level while Ripple (XRP) edges up after reclaiming the $1.40 level as support.

Crypto market sentiment softens

The sell-off in the crypto market this week was largely driven by macroeconomic headwinds, geopolitical tensions in the Middle East amid elevated Oil and Energy prices, and overleveraged long…