Bitcoin price hovered close to $120,000 with bullish indications at the time of writing but short-term adjustments are possible.
XRP price at $2.79 is capped at $3; breakout will be driven by market catalysts.
Prediction markets indicate hope, but technical analysis presents strategic accumulation before significant movement.
Bitcoin (BTC) and XRP (Ripple's token) continue to capture strong trader interest. In October 2025, both coins experienced huge movement and investor interest. Experts noted that although Bitcoin maintained great momentum, XRP had a more dubious trajectory ahead of it. Hence, prompting speculation on whether these coins would continue to move upward or correct in the near future.
Bitcoin was quoted at $120,000 at press time following a strong rally in previous months. It had even hit a new record high of approximately $126,000. The increase was fueled by more than $3 billion in spot ETF inflows and increasing demand for safer assets as fears of a potential U.S. government shutdown grew.
Prediction markets such as Myriad indicated that traders were bullish. Statistics indicated that Bitcoin had a 54% probability of hitting $140,000 before declining to $110,000. While this was an indication of a positive mood, analysts explained that the ride up would not be an easy one.
Numerically, Bitcoin had to rise 16.4% to reach $140,000 and an 8.5% decline could get it to $110,000. Statistically, the lesser downside move appeared more likely in the near term. Nevertheless, most thought that Bitcoin would keep rising incrementally because its momentum indicators were still positive.
The Relative Strength Index (RSI) was 56.47, reflecting weak bullishness but none of the overbought conditions. The Average Directional Index (ADX) of 30 reflected a moderately strong trend, pointing to the fact that Bitcoin had room for further growth, albeit analysts opined that it would continue to move forward at a slower rate.
The 50-day Exponential Moving Average (EMA) continued to cross above the 200-day EMA, creating the ‘golden cross’, a buy signal. But since the two lines moved almost parallel, the experts anticipated consolidation sideways before the next significant move. The resistances were seen at $125,000 and $128,000, and support was near $116,000 and $110,000, significant zones that would determine if Bitcoin continued its upside or had a short-term correction.
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XRP, changing hands at around $2.79, was not following Bitcoin's strength. Its trajectory seemed unclear. In Myriad's opinion, XRP stood at 56% probability to reach $4 before dropping to $2. However, as it would need to increase by 43% to get to $4 and merely drop by 28% to get to $2, the downside seemed statistically nearer.
The RSI of XRP was 41.22, indicating weak bullishness and mild selling pressure. The ADX, at 12.82, indicated a weak trend, XRP was consolidating, moving sideways without direction.
Despite that, analysts noted that the technical setup of XRP remained bullish because the 50-day EMA was still higher than the 200-day EMA. Nevertheless, both averages were flat and parallel, which indicated that bullish strength momentarily broke down.
XRP was still trading within a triangle formation, with resistance at $3 and a more powerful resistance at $3.40. Support levels were at $2.70 and $2. Experts opined that a breakout above $3 might set off a strong bull rally but that would most likely be pushed by heavyweight catalysts like ETF approvals or positive legal news. Absent these, XRP would likely be range-bound in the near term.
Both Bitcoin and XRP experienced a combination of optimism and caution. Prediction markets were marginally bullish, but technical data indicated that traders should have been ready for short-term pullbacks ahead of any considerable gains.
For Bitcoin, following its record highs, a brief period of sideways action or correction was likely to set the stage for the next rally. For XRP, the analysts observed that it needed to break resistance levels so as to trigger renewed bullish confidence.
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Both Bitcoin and XRP were at pivotal points. Bitcoin's solid fundamentals and institutional backing signaled long-term growth, but that route to $140,000 would certainly have its share of bumps. XRP's weak trend and flattening out required patience, with short-term trades taking the front seat until a definitive breakout could be seen. The next couple of months would be less about explosive sudden rallies and more about calculated consolidation, setting the stage for the big move. Whether the move would result in a moonshot or a correction was the big question for investors and traders alike.
XRP Consolidates near $2.50 With Bullish Chart Patterns Signaling a Breakout
1. Why was Bitcoin price increasing?
Bitcoin's price at $120,000 had been sustained by more than $3 billion of ETF inflows, increasing safe-haven appetite, and robust momentum from its latest rally to an all-time high of $126,000.
2. What were Bitcoin's major price points?
Bitcoin tested the resistance levels at $125,000 and $128,000, and the support levels were at $116,000 and $110,000. These levels would have been defined if Bitcoin continued its rally or corrected lower in the short term.
3. Why was the price of XRP recently?
XRP was trading at approximately $2.79 and required a 43% increase to touch $4, whereas it just required a 28% fall to touch $2. Its poor RSI and ADX levels indicated minimal momentum and thus may be in a sideways trend rather than a definite trend.
4. What did analysts say regarding Bitcoin and XRP?
Forecasting platforms such as Myriad reported a mildly bullish slant, with Bitcoin standing at a 54% probability of reaching $140,000 before $110,000, and XRP standing at a 56% probability of reaching $4 before dropping to $2.
5. Were the traders anticipating a rally or a correction for Bitcoin and XRP?
Analysts were looking for short-term corrections or sideways action, not a big rally. Although fundamentals remained bullish, both assets would have to consolidate before entering their next significant breakout phase.