Crypto Today: Bitcoin rally slows while Ethereum and XRP extend recovery amid slowing ETF inflows

• Bitcoin’s upside cools, with short-term support at $85,000 and resistance below $88,000 as institutional demand wanes.
• Ethereum builds momentum for another breakout, trading above $2,700 despite $138 million in ETF outflows last week.
• XRP steadies above $1.52 as bulls extend the recovery despite slowing weekly ETF inflows.

Bitcoin (BTC) is narrowly consolidating while trading above $86,000 at the time of writing on Monday. The largest cryptocurrency by market capitalization is also holding in a broader range, with short-term support at $85,000 and resistance at $88,000.

Altcoins, on the other hand, show a positive outlook, with Ethereum (ETH) edging higher above $2,700 while Ripple (XRP) steadies above $1.52. The path of least resistance remains upward, with buyers taking on more risk.

Broadly, risk appetite in the crypto market is firmly positive, as reflected in the Fear & Greed Index, holding at 70 in Greed territory on Monday, up from 65 the day before. If this bullish outlook holds, buyers will take control of the trend, raising the odds that the recent rally extends.

Bitcoin and XRP ETFs draw inflows as Ethereum funds flip to outflows

Bitcoin spot Exchange-Traded Funds (ETFs) extended the bullish streak for three consecutive weeks, with $241 million in inflows through Friday. This was a major setback from the previous week’s $2.4 billion in inflows, suggesting possible buyer exhaustion as BTC struggles to clear resistance at $88,000. Steady institutional support reinforces the larger bullish picture, while outflows imply fading risk-on sentiment.

Ethereum spot ETFs, unlike Bitcoin, closed last week in the negative with outflows totaling $138 million, according to SoSoValue. The US-listed ETFs had recorded notable inflows of $690 m million in the week ending September 25. Despite the outflows, cumulative inflows stand at $13.8 billion, with net assets at $17.5 billion, affirming that investors retain a long-term outlook on Ethereum.

XRP spot ETFs extended their bullish streak last week with approximately $5million in inflows through Friday. According to SoSoValue, this marks the 12th consecutive week of inflows. Cumulatively, inflows total $1.8 billion, while net assets average $1.7 billion.

Technical analysis: Bitcoin ranges as support holds

Ethereum trades at $86,428, maintaining a bullish near-term bias despite supply at $88,000 capping upside. Meanwhile, the spot price holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $74,900 and $79,200.

The SuperTrend line at $79,910 reinforces this underlying demand zone, while a firm Relative Strength Index (RSI) around 68 suggests strong but approaching overbought momentum. At the same time, the Moving Average Convergence Divergence (MACD) remains slightly negative, hinting that upside traction is slowing rather than reversing.

On the downside, initial support lies at the SuperTrend level, closely followed by the 50-day EMA at $79,195, forming a key short-term floor. Below this area, the 100-day EMA at $75,370 and the 200-day EMA at $74,936 constitute a deeper structural demand band. Only a decisive break beneath these averages would threaten the prevailing bullish outlook and open the way for a broader corrective phase.

Altcoins technical analysis: Ethereum and XRP extend gains

Ethereum trades at $2,727, maintaining a bullish near-term bias as price holds well above a rising cluster of EMAs. The 50-day EMA at $2,494, together with the SuperTrend base at $2,483, underpins the advance and suggests dips remain supported within the current uptrend.

The RSI at 64 stays in constructive territory without being overbought, while the MACD indicator, still marginally below zero, hints that bullish momentum is improving but not yet fully mature.

Initial support lies at the 50-day EMA near $2,494, closely backed by the SuperTrend line at $2,483, forming a dense demand zone for any pullback. Below this cluster, the 100-day EMA at $2,322 and the 200-day EMA at $2,290 provide deeper trend-supportive levels that would likely attract buyers if tested.

With no nearby overhead indicator resistances on the daily chart, the focus remains on how well ETH can defend these successive supports to extend the prevailing bullish structure.

XRP, meanwhile, trades at $1.52, holding a bullish near-term bias as price extends above the key EMAs. The 50-day EMA at $1.40 and the 200-day EMA at $1.38 sit well below the market, hinting at a constructive underlying trend, while the 100-day EMA at $1.33 and the SuperTrend line at $1.30 reinforce a broad support layer.

Momentum remains favorable, with the RSI at 59 staying in positive territory but shy of overbought, and the MACD showing a modestly negative reading, suggesting a pause within an overall improving upswing rather than a decisive reversal.

Initial technical support emerges around the 50-day EMA at $1.40, followed by the 200-day EMA near $1.38, both levels likely to attract dip-buying if price retreats. Deeper support lies at the 100-day EMA at $1.33 and the SuperTrend base around $1.30, where a break would materially weaken the prevailing bullish structure.

With resistance levels on the daily chart remaining undefined, the pair appears poised for further upside unless renewed selling pressure or waning momentum materializes. The technical setup currently supports consolidation above the clustered EMAs, preserving the potential for additional gains as long as $1.40 is maintained on a closing basis.

(The technical analysis of this story was written with the help of an AI tool. Know more.)