XRP price trades at $1.42 on Tuesday after surging over 6% the previous day. XRP holds firmly above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between roughly $1.26 and $1.36, suggesting a constructive medium-term structure and keeping the near-term bias tilted to the upside. The Relative Strength Index (RSI) hovers just below 60, indicating positive but not overstretched momentum, while the Moving Average Convergence Divergence (MACD) remains marginally negative, hinting that bullish pressure is moderating rather than accelerating.
Zcash trades above $1,150 on Tuesday, following a 9% rise the previous day. The privacy coin holds well above the 50-day EMA at roughly $828, the 100-day EMA at $683, and the 200-day EMA at roughly $554, keeping the broader structure bullish despite the recent loss of upside momentum. In addition, the rising positive slopes of the crucial EMAs underscore a long-term uptrend. Momentum on the daily chart warns of easing upside pressure, as the MACD slips below its signal line, indicating a bearish crossover, while the RSI eases to 63, back in bullish territory from overbought levels, hinting at a maturing but still constructive advance.
Bitcoin (BTC) rose above $79,000 on Monday as the broader crypto market enters a closely watched week for policymakers. According to QCP analysts, markets have largely priced in a 25-basis-point Federal Reserve (Fed) rate increase after the release of August inflation data last week. The focus has shifted toward how policymakers communicate their outlook for future rate moves.
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