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Cryptocurrencies are experiencing a significant rally, with Bitcoin, Ethereum, and XRP leading the charge. Bullish signals from both technical and fundamental perspectives are driving investor confidence. Diplomatic talks between China and the U.S. have further fueled market optimism.
- Bitcoin's price action suggests a potential push to its all-time high of $109,000 if it closes above $105,000, with key support at $95,440.
- Ethereum's 11% rise this week is backed by a 6.55% increase in trading volume and bullish derivatives activity, with a breakout to $3,000 possible if it holds above $2,438.
- XRP is approaching a critical resistance level at $2.72, with a breakout potentially triggering a rally to $3.00, fueled by ETF speculation and the upcoming launch of XRP futures.
📎 Related coverage from: crypto-news-flash.com