Cryptocurrency markets are showing signs of potential short-term corrections, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) facing resistance at crucial levels. Technical indicators suggest a pullback may be imminent across the three major digital assets.  

Bitcoin Price Hints at Correction:

Bitcoin reached an all-time high of $104,088 on Thursday before falling sharply to $90,500. It later recovered to close above $96,900 and rose 4.3% over the weekend to trade near $99,500 as of Monday. However, the Relative Strength Index (RSI) displays a bearish divergence, signaling possible exhaustion in bullish momentum.  

If BTC fails to sustain its uptrend, traders could expect a minor rise toward $104,088, followed by a sharp decline to $90,000. A close below this support could drive prices further to $85,000. Conversely, a break above $104,088 might extend the rally toward $119,510, aligning with the 141.4% Fibonacci extension level.  

Ethereum Faces Resistance at $4,000:

Ethereum gained 8% last week, retesting the $4,000 level on Friday, but failed to sustain above it. As of Monday, ETH trades at $3,948. The RSI, currently at 69, points downward after rejecting the overbought threshold of 70, indicating weakening bullish momentum.  

If $4,000 continues to act as resistance, ETH could decline to its support level at $3,721. A successful close above $4,000 might push prices higher to test $4,200.  

Ripple Rejected at $2.66:

Ripple encountered resistance at $2.66 on Sunday and now trades near $2.47. The RSI, hovering around the overbought level of 70, suggests waning bullish strength.  

If XRP fails to breach $2.66, it could retest the psychological support of $2.00. A close above $2.66 might reignite momentum toward the $3.00 mark.  

Investors should monitor these key levels for potential market movements.