Bitcoin’s Bullish Signal: Reversal Confirmed, XRP Looks Promising

Recent price action suggests a potential bullish turn for Bitcoin, with increased trading volume and a breakout above the $82,000 support level. Analysts attribute this surge to growing DeFi applications and institutional investment interest. The key point to watch is whether Bitcoin can break through its 200-day EMA resistance ($88,000-$89,000), indicating a potential for sustained price growth. While the RSI remains strong, it’s not yet overbought. XRP seems poised for a comeback after a brief dip below $2. The asset quickly recovered above its 200-day EMA and is signaling a bullish reversal of the descending wedge pattern.