Ethereum volatility hits bottom, Bitcoin shows current oversold signals, XRP has a chance for revival.

The crypto market showed a turning signal after experiencing a downturn on September 9, with Ethereum (ETH) volatility dropping to nearly a standstill, Bitcoin (BTC) technical indicators indicating an oversold condition, and Ripple (XRP) seeking a breakthrough above key moving averages. These signs may herald the brewing of a new upward trend.

Ethereum Volatility has dropped to extremely low levels, with hidden risks and opportunities beneath the surface

Ethereum's recent price has stabilized around $4,295, with daily fluctuations significantly narrowing. Trading volume has dropped sharply compared to the July peak, and market sentiment has entered a rare "standstill period."

Technical indicators show that the ETH 50-day moving average ($4,124) constitutes short-term support, while the 100-day moving average ($3,620) provides a secondary defense line. If volatility rises and breaks through the upper pressure, the price is expected to challenge the $4,600–$4,800 range. However, if it falls below $4,124, the risk of dropping towards $3,620 or even the 200-day moving average ($3,201) will increase.

Market observers remind that extremely low volatility often signals a major market movement, but the direction remains uncertain. Investors should be wary of false breakouts and sudden sell-offs.

Bitcoin's technical indicators show Oversold, a new pump cycle may be approaching

Bitcoin is currently trading at $111,583, above the 100-day moving average ($110,770), and well above the 200-day moving average ($104,991), forming a converging wedge pattern.

The RSI indicator is at 47, below the neutral value of 50, indicating that the asset is in a relatively oversold range, which has historically been accompanied by rebound opportunities. If BTC breaks the resistance at $112,362 and stays above the 50-day moving average ($114,878), it will break the recent downward structure and further target $116,000 or even higher.

The support level below is at $110,770. If it breaks, it may retest the long-term support at $105,000. Overall, the technical structure along with the RSI levels suggests that Bitcoin may be brewing a new round of upward cycle.

XRP challenges key moving averages, signs of recovery strengthen

XRP rebounded to $2.91 after finding support at $2.77, currently testing the resistance of the 26-day moving average. If the closing price stabilizes above this moving average, it will likely further challenge the 50-day moving average ($3.07), opening up upward space towards $3.30 and $3.50.

The RSI has risen to 50, and the trading volume has increased compared to last week, indicating a warming of buying pressure. If it breaks above the 50-day EMA, it will confirm that the bulls have regained control; conversely, if it falls below 2.77 USD, it may retreat to the 200-day EMA (2.53 USD).

Market analysis believes that XRP is currently at a critical point of transitioning from weak to strong, and the short-term trend will depend on whether it can break through and stabilize above the major moving averages.

Conclusion

The low volatility of ETH, the oversold signals of BTC, and the technical rebound of XRP together constitute early signs that the market may be turning. Although the direction has not yet been fully established, both technical and funding aspects indicate that critical market movements may occur in the coming weeks. Investors should closely monitor changes in trading volume and breakthroughs at key price levels to seize potential upward opportunities.