The cryptocurrency market remained under heavy selling pressure over the past week, with bearish sentiment dominating price action. Bitcoin briefly slipped below the crucial $60,000 mark, dragging major altcoins lower and triggering more than $3.5 billion in crypto liquidations. However, sentiment improved slightly on Monday as Bitcoin reclaimed the $60,000 level, offering the market a brief sign of recovery. Despite this rebound, technical indicators suggest traders remain cautious and are waiting for confirmation of the next major move.
Bitcoin Price Prediction
Bitcoin (BTC) has reclaimed the $60,000 level after falling nearly 6% last week and is currently trading around $60,027. Despite the recovery, BTC remains under pressure, with the current cycle widely viewed as one of the weakest post-halving performances compared to previous market cycles.
Derivatives data shows Bitcoin Open Interest has increased 0.6% over the past 24 hours to approximately $20.2 billion, indicating traders are gradually opening new positions following last week’s correction. However, the modest rise suggests cautious participation rather than strong bullish conviction.
From a technical perspective, the 4-hour RSI remains neutral-to-bearish, while the daily MACD continues to signal bearish momentum, indicating sellers still hold the upper hand. Bitcoin is currently consolidating around the $60,000 support level, with immediate resistance near $62,000. A decisive break above this level could open the door for further upside, while losing support around $60,000 may trigger another decline toward the upper $58,000-$59,000 region.
Ethereum Price Prediction
Ethereum (ETH) is trading around $1,585, finding support near the critical $1,550-$1,500 zone after an extended decline. Although the broader trend remains bearish, the Relative Strength Index (RSI) has fallen into oversold territory, suggesting selling pressure may be nearing exhaustion.
At the same time, the MACD remains bearish, indicating that buyers have yet to regain control. Ethereum’s price structure continues to form lower highs and lower lows, while relatively weak Open Interest suggests limited participation from new buyers.
A recovery above $1,600 would strengthen the bullish case and could push ETH toward $1,630. However, a breakdown below $1,550 could accelerate losses toward $1,520. For now, Ethereum is expected to trade within the $1,530-$1,630 range as the market searches for direction.
XRP Price Prediction
XRP has also corrected from its January 2026 high but continues to show relative strength compared to several major cryptocurrencies. Institutional interest remains supportive, with XRP ETFs attracting nearly $23 million in inflows last week, led by Bitwise, while combined assets under management across active XRP funds are approaching $1 billion.
Technically, XRP is showing a neutral-to-bullish structure after forming higher lows during recent sessions. As long as the price remains above the $1.03-$1.04 support zone, buyers could attempt another move toward $1.07-$1.10. However, resistance near $1.06 remains a key level to watch, and failure to break above it could lead to another period of consolidation.
Overall, Bitcoin remains the market leader, and its ability to hold above $60,000 will likely determine the short-term direction for Ethereum, XRP, and the broader cryptocurrency market this week.
Bitcoin, Ethereum, and XRP Price Prediction for This Week was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.