Bitcoin (BTC)
Over the past 12 hours, Bitcoin (BTC) has been moving upward, climbing from a low near $6,598 to its current level around $6,780. This short-term strength suggests growing upside momentum. If Bitcoin sustains this climb, the next meaningful resistance sits near $7,600.
Trading volumes have increased at these levels, indicating more buyers are entering the market. Rising volume alongside price appreciation supports the view that Bitcoin may continue its positive trajectory and test roughly $7,700 within the next 24 hours.
That said, if Bitcoin fails to clear the $6,800 level, a pullback toward $6,300 is possible. However, the fact that volumes are rising despite reports of the Bithumb hack suggests the market may have already found a floor near $6,100, making a return to those lows in the next 24 hours less likely.
In practical terms, a long position entered close to current prices could see a favorable short-term return, with a potential target of $7,600—roughly a $1,000 gain per BTC if the move occurs within the next day. As always, traders should manage risk and use appropriate stops.
Ethereum (ETH)
Like Bitcoin, Ethereum (ETH) has recovered from an intraday dip and is trending upward after reaching about $519 approximately 12 hours ago. Current price action points toward further testing of resistance levels in the near term.
Ethereum appears set to challenge the $600 area within the next 24 hours, a level coinciding with the 200-day moving average and representing the next clear resistance. Should ETH break above $600, the next upside target would be near $700.
Volume has increased alongside the recent price rise, which supports Ethereum’s short-term uptrend. As with Bitcoin, rising volumes despite the Bithumb hack news may indicate the market is shifting from a bearish phase toward the beginning of a more sustained recovery.
Ripple (XRP)
Ripple (XRP) provides a clear example of resilience in the current market: although it was implicated in the Bithumb attack, its price has remained comparatively stable. Over the past 24 hours, XRP has largely traded between $0.52 and $0.54, which matches the support area it held during the broader market decline last week.
This stability suggests XRP has found support and may be positioned to rally. Examining the 12-hour chart, Ripple recently established a higher low near $0.52—a bullish technical signal that can precede further gains.
Based on this setup, XRP could reach about $0.60 within the next 24 hours. A decisive break above $0.60 would open the path toward roughly $0.67 and could mark the start of a larger upward move. Buying XRP at current levels therefore presents a favorable risk/reward profile for short-term traders, though risk management remains important.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. It is not an offer or solicitation to buy or sell any asset, nor an endorsement or recommendation. The information is general in nature and does not consider your individual financial situation. Consult a registered financial adviser and conduct your own due diligence before making investment decisions.