Crypto prices moved higher after Donald Trump said the Iran war was “pretty much complete” and could end “very soon.” Markets reacted before any formal confirmation. Bitcoin climbed to $69,674, Ethereum held above $2,033, and XRP advanced to $1.37 as risk sentiment improved across global markets.
Bitcoin tests the $69,500 barrier
Bitcoin’s rebound followed a clean move from the $65,500 to $66,000 support zone, an area where buyers had been expected to step in. That recovery has now carried price back toward the $69,000 to $69,500 resistance band, which the source described as the next major hurdle. So far, that ceiling has remained difficult to clear.
The article notes that Bitcoin’s weekly chart still shows a bearish divergence, while the longer-term super trend indicator remains red. That keeps the broader structure unresolved. If Bitcoin breaks $69,500 decisively, the next resistance sits in the low $70,000s, followed by a stronger supply zone between $72,000 and $76,000. The source adds that a lasting push into that area would likely need more than political comments alone.
Ethereum moves toward the top of its range
Ethereum has spent much of the past month trading within a defined band, with support just above $1,810 and resistance starting near $2,150. Over the last two days, it bounced from the $1,910 to $1,930 area and is now tracking back toward the upper edge of that range.
According to the source, the 3-day RSI remains in oversold recovery mode, a setup that has historically been associated with at least a short- to medium-term move higher. Even so, the $2,150 to $2,250 zone has rejected price multiple times. A break through that band would signal a more meaningful change in Ethereum’s short-term structure.
XRP holds support but lacks a confirmed reversal
XRP remains the most range-bound of the three assets. The $1.30 to $1.40 zone has continued to act as support, with buyers appearing there repeatedly. But the longer-term weekly trend is still bearish, and the source says no confirmed reversal has emerged yet.
If XRP closes a week below $1.30, the source warns that price could open a path toward $1.13, with a worst-case move down to the $0.90 to $1.00 range. That is not presented as the base case at this point. For now, XRP is holding its floor, but stronger upside would require a fresh catalyst beyond the current geopolitical relief trade.
The current move is being driven by sentiment. The next few trading sessions should show whether that rebound can sustain itself near these resistance zones.