NewsCryptoBitcoin, Ethereum and XRP Face Key Support Tests, Analyst Ali Charts Says

Bitcoin, Ethereum and XRP Face Key Support Tests, Analyst Ali Charts Says

Author: Cryptofrontnews·

Key Takeaways

  • •Ali Charts identifies $81,000 as Bitcoin's key support at the lower boundary of its daily rising channel, with a successful defense opening targets of $84,000 and $86,500 while a break below would put $76,000 in focus.
  • •Ethereum faces a pivotal daily-close test at $2,350, where a rebound could carry the price toward $2,700 or $3,000 and a close below would shift attention to support near $2,000.
  • •XRP's outlook hinges on $1.25, which could complete the right shoulder of a potential inverse head-and-shoulders pattern, though a sustained close above $1.56 is required to open a path toward $2.
  • •A four-hour Binance chart shows Bitcoin outperforming both altcoins, with relative-performance readings at 5.15% for BTC compared with -4.46% for Ethereum and -10.29% for XRP.
  • •The analyst is monitoring reactions at each asset's support level before calling a reversal, as Bitcoin's moves typically set the tone for the broader crypto market.
Bitcoin, Ethereum and XRP Face Key Support Tests, Analyst Ali Charts Says

Bitcoin is holding above $81,000, a level analyst Ali Charts identifies as decisive for whether BTC, Ethereum, and XRP rebound or extend their declines. In his latest analysis on X, he sets upside targets at $84,000 for Bitcoin, $2,700 for Ethereum, and $2 for XRP, while a four-hour Binance chart shows BTC outperforming both altcoins. Each asset faces a defined support that must hold for its upside scenario to remain intact. Because Bitcoin's moves tend to set the tone for the wider crypto market, reactions at these levels serve as a shared gauge of near-term direction for the group.

Bitcoin Tests $81,000 as Ethereum Faces $2,350

Ali Charts identifies $81,000 as Bitcoin's key support, marking the lower boundary of its daily rising channel — a formation in which price moves between two upward-sloping boundaries. If buyers defend that level, BTC could advance toward $84,000 — the channel's midpoint — and then $86,500. A break below $81,000, however, would put $76,000 in focus.

Ethereum faces a parallel test at $2,350, the support line of a right-angled ascending broadening pattern. Patterns of this type are typically resolved by a decisive break in one direction, which is why the daily close is the threshold that matters. According to Ali Charts, a rebound from that level could carry ETH toward $2,700 or $3,000, while a daily close below $2,350 would shift attention to support near $2,000.

XRP Needs $1.25 Support and a $1.56 Breakout

For XRP, the pivotal level is $1.25, which Ali Charts says could complete the right shoulder of a potential inverse head-and-shoulders pattern on the three-day chart. The formation still requires confirmation, however — such setups are conventionally considered valid only after price breaks out above a resistance boundary with follow-through. A sustained close above $1.56 would open a path toward $2, while losing $1.25 would put $1 in focus.

The analyst said he is monitoring how all three cryptocurrencies react at their respective support levels before calling a reversal, with these price levels central to his assessment of their next moves.

Bitcoin Outperforms Ethereum and XRP on Binance

The four-hour BTC/USD chart, shared via TradingView, shows Bitcoin trading at $82,641.44, up $236.35, or 0.29%, on the latest candle. The reported high was $82,719.38, and the low reached $82,405.09, keeping price above the $81,000 threshold cited in the analysis.

Bitcoin's relative performance climbed above 8% and briefly approached 10% during the September 18–22 rally. Momentum then weakened in early October, followed by a sharp decline around October 7. After further fluctuations, the reading recovered to 5.15%. Readings above zero on this comparison indicate BTC outperforming its paired asset over the measured window, while sub-zero readings indicate lagging.

Ethereum's comparative performance stood at -4.46%, while XRP recorded -10.29%, and both remained below zero on the chart's comparison scale.

Trading volume spiked around September 19–23, with smaller bursts during October's declines. Volume remained subdued in recent sessions as Bitcoin attempted to recover. Until the reactions at these supports resolve, the analyst's levels remain the reference points for judging whether the group rebounds or falls further.