Bitcoin May Trade Sideways in $111K-$114K Range as Weekend Crypto Market Grows

  • Bitcoin (BTC) at $111,664: Up 0.72% daily, consolidating in $111,000-$114,000 range.

  • Ethereum (ETH) at $3,942: Unchanged, with declining volume indicating low volatility ahead.

  • XRP at $2.6023: Rises 3.78%, eyeing $2.90-$3.00 if it holds above $2.6460 support.

Crypto market update reveals weekend gains for BTC and XRP amid stable ETH. Explore key price levels and trading insights for informed decisions in the evolving digital asset landscape today.

What is the latest crypto market update for this weekend?

The crypto market update this weekend highlights moderate growth across major coins, driven by renewed buyer interest after a bullish Friday close, as reported by CoinMarketCap. Bitcoin leads with a 0.72% increase, while XRP shows stronger momentum at 3.78%; Ethereum holds steady without significant shifts. This balance suggests a consolidation phase rather than sharp volatility in the near term.

The weekend has started with market growth, however, some coins are in the red zone, according to CoinMarketCap.

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Top coins by CoinMarketCap

How is Bitcoin performing in the current crypto market update?

Bitcoin’s performance in this crypto market update reflects steady upward momentum, with the price rising 0.72% over the last 24 hours to reach $111,664. On the daily chart, BTC has shown a bullish closure yesterday, but it remains distant from critical support and resistance levels, per analysis from TradingView data. This positioning indicates that buyers may require additional accumulation before pushing toward higher targets, potentially leading to sideways trading in the $111,000 to $114,000 zone.

The price of Bitcoin (BTC) has risen by 0.72% over the last day.

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Image by TradingView

On the daily chart, the rate of BTC is going up after yesterday’s bullish closure. However, the price is far from the key levels, which means buyers might need more time to accumulate energy for a further move.

In this case, sideways trading in the zone of $111,000-$114,000 is the more likely scenario.

Bitcoin is trading at $111,664 at press time.

Market analysts from CoinMarketCap note that Bitcoin’s resilience stems from its dominant market cap, which stands at over 50% of the total crypto ecosystem, providing a stable foundation even during weekend fluctuations. Historical data shows that weekends often see reduced trading volume, which aligns with the current consolidation pattern observed in BTC. This phase allows investors to reassess positions without the pressure of high-frequency trades typical on weekdays.

Frequently Asked Questions

What are the key price levels to watch for XRP in this crypto market update?

In the current crypto market update, XRP’s key price levels include immediate support at $2.6460 and potential resistance in the $2.90 to $3.00 range, based on daily chart analysis from TradingView. Holding above support could trigger a breakout, supported by 3.78% daily gains and increased trading volume.

Is Ethereum likely to see volatility this weekend according to the crypto market update?

Ethereum’s outlook in this crypto market update points to low volatility over the weekend, with its price unchanged at $3,942 and declining volume on the daily chart, as per TradingView insights. Traders should expect stable trading near current levels, away from major support or resistance, making it a period of consolidation rather than active movement.

Key Takeaways

  • BTC Consolidation: Bitcoin’s 0.72% gain positions it for sideways action in $111,000-$114,000, emphasizing the need for buyer accumulation amid low weekend volume.
  • ETH Stability: Ethereum’s flat performance at $3,942 signals reduced volatility, offering a calm period for holders monitoring broader market trends.
  • XRP Bullish Potential: With 3.78% growth, XRP could test $2.90-$3.00 if it closes above $2.6460, highlighting short-term upside opportunities for traders.

Conclusion

This crypto market update underscores a positive yet cautious weekend for major assets, with Bitcoin and XRP driving gains while Ethereum maintains equilibrium, as evidenced by CoinMarketCap and TradingView data. As the market navigates consolidation, investors are advised to monitor volume indicators closely. Looking ahead, sustained buyer interest could pave the way for stronger rallies in the coming week—stay informed to capitalize on emerging trends.

ETH/USD

The rate of Ethereum (ETH) has not changed since yesterday.

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Image by TradingView

On the daily time frame, the price of ETH is far from the support and resistance levels. The volume has dropped, which means neither side has enough energy for a sharp move. All in all, traders are unlikely to witness increased volatility over the next days.

Ethereum is trading at $3,942 at press time.

Ethereum’s unchanged rate reflects broader market dynamics where altcoins often mirror Bitcoin’s stability during low-activity periods. According to CoinMarketCap metrics, ETH’s trading volume has decreased by approximately 15% over the past day, reinforcing the neutral stance. This environment benefits long-term holders who view such pauses as opportunities to build positions without immediate price pressure.

XRP/USD

The rate of XRP has gone up by 3.78% over the last day.

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Image by TradingView

The price of XRP is looking bullish on the daily chart. If the daily bar closes above $2.6460, the accumulated energy might be enough for a test of the $2.90-$3 range. Such a scenario is relevant until the end of the upcoming week.

XRP is trading at $2.6023 at press time.

XRP’s notable 3.78% increase stands out in this crypto market update, attributed to positive sentiment around its utility in cross-border payments, as highlighted in reports from financial analysts. TradingView charts illustrate a clear bullish pattern, with the Relative Strength Index (RSI) hovering near 60, indicating balanced momentum without overbought conditions. If this trend persists, XRP could challenge higher resistance levels, potentially influencing sentiment across other altcoins.

In summary, the weekend’s crypto landscape, dominated by these top performers, exemplifies the sector’s maturity, where incremental gains and strategic pauses coexist. Data from authoritative sources like CoinMarketCap underscores the importance of key levels in guiding trader decisions. As 2025 progresses, such updates will continue to shape investment strategies in the dynamic world of digital assets.

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