Major cryptocurrencies — Bitcoin, Ethereum, and XRP — are all in the red at the time of writing, despite posting modest gains over the past 24 hours. Macro headwindsMajor cryptocurrencies — Bitcoin, Ethereum, and XRP — are all in the red at the time of writing, despite posting modest gains over the past 24 hours. Macro headwinds

Bitcoin, Ethereum, and XRP price prediction: Bulls vs bears in action

2026/01/23 04:08
3 min read
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Major cryptocurrencies — Bitcoin, Ethereum, and XRP — are all in the red at the time of writing, despite posting modest gains over the past 24 hours.

Table of Contents

  • Bitcoin price prediction
  • Ethereum price prediction
  • XRP price prediction

Macro headwinds, such as President Trump’s tariff talk, are still very much in play. Ongoing regulatory uncertainty and ETF outflows also continue to weigh on market sentiment. Seriously, will the anxiety ever end? Probably not.

Summary
  • Market uncertainty and macro headwinds continue to weigh on BTC, ETH and XRP sentiment
  • Bitcoin is currently trading around $89,763, down 0.4% over the past 24 hours but up 0.5% for the hour.
  • ETH is hovering below the $3,000 level; holding above it could trigger a move toward $3,350.

So what’s the short-term outlook for BTC, ETH, and XRP?

Bitcoin price prediction

Bitcoin (BTC) is currently trading around $89,763, down 0.4% over the past 24 hours but up 0.5% for the hour. Bulls are currently trying to defend the key $90,000 support level.

If they manage to hold it, BTC could push toward $97,000–$98,000, with $100,000 and above back in play.

Bitcoin, Ethereum, and XRP price prediction: Bulls vs bears in action - 2

That said, on-chain data is sending mixed signals. CoinGlass’ NRPL metric, which tracks trader profits, has slipped slightly into negative territory after months of strong positive readings.

Adding to the jitters, crypto trader Peter Brandt expects BTC will head toward the $58K–$62K range. The culprit? A rising wedge that’s been forming for months, hinting the bulls may be losing steam.

Bottom line: BTC’s near-term outlook is mixed. Bulls are defending key levels, but bears are still in play.

Ethereum price prediction

Ethereum (ETH) is hovering around $2,951, down 3.3% over the past 24 hours. During that stretch, the price swung between $2,867 and $3,084, showing just how sensitive this area is.

Bitcoin, Ethereum, and XRP price prediction: Bulls vs bears in action - 3

If ETH can manage to stay above $3,000, there’s room for a move toward the $3,020–$3,060 zone. Hold that area and print a daily close above $3,090–$3,100, and a run toward $3,350 starts to look realistic.

On the downside, a clear break below $3,000 could drag ETH price down to $2,940, then $2,880, with $2,800 coming into play if selling pressure builds.

Bottom line: ETH price is at a make-or-break point. Defending $3,000 keeps the bullish case alive, but losing it could flip momentum to the bears pretty quickly.

XRP price prediction

Ripple (XRP) is down 2% over the past 24 hours and is currently trading around $1.93. Over the past day, the price moved cleanly within a tight range between $1.88 and $1.98.

Bitcoin, Ethereum, and XRP price prediction: Bulls vs bears in action - 4

For XRP, staying above the $1.90–$2.00 zone is key, as this area tends to shape investor behavior. On-chain data shows that since mid-2025, every move above $2 has been met with noticeable selling, suggesting many traders are quick to take profits rather than chase higher prices.

A clean push into the $2.10–$2.20 range would ease downside pressure and improve the short-term outlook. Until that happens, staying below $2.05 keeps the risk of a pullback alive, with $1.90 acting as the first major support.

If that level gives way, the next downside target sits near $1.85, where buyers may try to step in and stabilize price action.

Bottom line: XRP price has momentum on its side for now, but it needs a convincing break above $2 to shift sentiment meaningfully. Without that, choppy price action and pullbacks remain very much on the table.

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