Ethereum Bear Trap Validated; Bitcoin Pushes Toward $93K While XRP Approaches $2.30 Resistance

Bitcoin has mounted a solid recovery from the $80,000–$83,000 support zone and is now pressing into the Friday swing high near $93,100. A clean break above that level would bring the trendline from the Oct. 8 record peak back into focus, marking an important short-term resistance area.

In the near term, however, the market may settle into consolidation. The hourly MACD histogram is showing only shallow positive readings, reflecting a slowdown in bullish momentum. Even so, the daily MACD remains firmly positive, indicating any consolidation could ultimately give way to further gains. The $80,000–$83,000 region continues to serve as the main defensive line for BTC bulls.

XRP has once again bounced off the well-established $2 support, surging back above its hourly Ichimoku cloud—a constructive signal for the short-term trend. The next hurdle sits at $2.28–$2.30, and a breakout would shift attention toward the descending trendline near $2.50. Failure to clear resistance, however, risks another retreat toward $2.00.

Ether’s hourly setup reveals a classic bear trap, with price briefly breaking below the lower trend channel before reversing sharply higher. Such action typically follows seller exhaustion and suggests buyers have reclaimed control. With momentum shifting, ETH is now targeting the Friday high around $3,100, with scope to move toward $3,500—the lower end of the Oct. 10 selloff. Support remains firm at $2,600–$2,700.

Solana is nearing the top of its sideways trading range around $145. A confirmed breakout above this ceiling could propel SOL toward $165. While the hourly MACD shows fading upside momentum, the daily MACD maintains a bullish structure, making an eventual upward breakout the more probable outcome.