Crypto is surging on a relief bounce, but Bitcoin's technicals signal a "Death Cross" trap that could send it to $74,000 before a true bottom forms.
Ethereum and XRP price predictions remain bearish despite gains, with charts warning of crashes to $1,500 and $1.25, respectively, as long as major resistance holds.
Experts warn the current crypto surge is merely a stabilization, with Dogecoin risking a fall to $0.10 if it fails to reclaim the critical $0.20 psychological level.
Why is crypto going up today? Let's check current Bitcoin, Ethereum, XRP and Dogecoin prices
The
cryptocurrency market is flashing green during Monday's trading session, 8
December, 2025, prompting investors to ask why crypto is going up today.
Major assets like Bitcoin, Ethereum, XRP, and Dogecoin are posting gains,
driven by a relief bounce from recent lows.
However,
despite today's optimism, my technical analysis suggests this is likely a
temporary pause before further declines. Below you can find a detailed
breakdown of the charts for Bitcoin, Ethereum, XRP, and Dogecoin.
Why Crypto Is Surging
Today?
The crypto
market is seeing a recovery as volatility begins to normalize. According to
Paul Howard, Director at Wincent, the market is currently establishing a
trading range rather than entering a full-blown bull run.
"We
continue to see cryptocurrency prices closely correlated with global
macro-economic events. Whilst BTC CME volatility has gradually risen the past
few weeks, the return to high 40s is welcome from many traders," he said.
Bitcoin is
currently supported mainly by the weakening U.S. dollar, which has
fallen to its lowest level since October, as well as a renewed appetite for
risk assets, including equities. The S&P 500 ended last week at 6,870,
its highest level in six weeks.
This week,
investors are focused on the Federal Reserve, which will announce its
interest rate decision on Wednesday.
How does
the technical picture look on the charts? I examine it in the following section
of the analysis.
Bitcoin Price Analysis:
Why I Believe BTC Will Drop to $74,000
BTC Current
Price: $92,000
(+1.8%)
During
Monday’s session, Bitcoin (BTC) is trading around $92,000, marking a
second consecutive day of gains. However, according to my technical analysis,
this sideways movement is merely a pause before a continuation of the downtrend
toward my ultimate target: the
April lows of $74,000.
Currently,
I see Bitcoin trapped below a critical resistance zone of $92,000 - $94,000.
On my chart, the price has already printed bearish sell signals twice at this
height, most recently a bearish engulfing pattern between December 3rd and 4th.
Bitcoin technical analysis. Why BTC price is going up today? Source: Tradingview.com
Furthermore,
I am closely watching the "Death Cross" (50-day EMA crossing below
the 200-day EMA) that
formed on November 16. To me, this is a clear signal that current levels
will not hold. I expect the recent lows to be breached, with Bitcoin eventually
descending to my target of $74,000. Only after flushing out the "weak
hands" at that level do I expect a slow re-accumulation and a eventual
return to All-Time Highs, though almost certainly not this year.
"In my
assessment, it is far too early to pop the champagne and announce that the
worst is over," Arkadiusz Jóźwiak, Crypto Analyst and Editor-in-Chief at
Comparic.pl, said, backing my outlook. "From a technical point of view,
the downtrend will continue as long as Bitcoin does not break new higher
peaks."
Please also check
my other articles with Bitcoin price predictions and analyses:
Ethereum Price Technical
Analysis Points to a Fall Below $1,500
ETH Current
Price: ~$3,156
(+3%)
Ethereum
(ETH) is recovering above the psychological $3,000 level, but my
analysis suggests caution. As I observe on the chart, ETH remains stuck in a
month-long consolidation between support at $2,750 and resistance at $3,400.
Similar to
Bitcoin, the moving averages on my chart show a Death Cross, confirming a
dominant downtrend. Consequently, I am betting on a breakdown from this
consolidation rather than a breakout.
Ethereum technical analysis. Why ETH price is going up today? Source: Tradingview.com
XRP Price Forecast: Why I
Am Targeting $1.25?
XRP Current
Price: $2.09
(+2.6%)
XRP is
enjoying a bounce, but I remain skeptical of this rally. My analysis identifies
a local resistance zone starting at $2.00 and extending to $1.90,
where declines halted in late November.
While the
June lows at this level previously triggered a massive rally to $3.60, the
technical situation today is vastly different. I see strong sell signals,
including another Death Cross, which supports the bears. If the current local
support fails, I assume further depreciation for XRP.
What would
change my mind? For me to flip bullish, XRP would need to reclaim the
resistance zone between $2.20 and $2.30. The optimal bullish scenario
would require a breakout above $2.70, but until then, I remain bearish.
XRP technical analysis. Why XRP price is going up today? Source: Tradingview.com
Dogecoin Price Prediction:
DOGE May Crash to $0.10
DOGE Current
Price: $0.1436
(+3.6%)
Dogecoin (DOGE)
is up 3.6% today, but on my chart, the damage has already been done. DOGE
officially broke through the major support zone I had marked based on the lows
of March, April, and June.
On November
21, the price dipped to $0.1332, proving to me that the buying pressure
has evaporated. In my opinion, the fact that the zone widened without a dynamic
rebound is a significant weakness. The pressure remains strongly bearish as
sellers have pushed the price below key technical levels.
Dogecoin technical analysis. Why DOGE price is going up today? Source: Tradingview.com
Breakdown:
On November 21, the price dipped as low as $0.1332, widening the support zone
but failing to trigger a dynamic rebound.
Trend:
Moving averages indicate a downtrend.
Recovery Hurdle: To relieve selling pressure, DOGE must return to at least $0.20
(psychological level + 200-day MA). Only then could a move toward $0.30 be
considered.
For
Dogecoin to relieve this selling pressure, it would need to return to at least $0.20
on my chart. Until that happens, I am treating this as a "hunt for
lows." If the current fragile support gives way, I
expect a crash toward $0.10, testing the flash-crash levels from
October 10.
FAQ: Common Questions
About Today's Crypto Market
Why is crypto going up
today?
The crypto
market is rising today due to a relief bounce and stabilizing global macro
sentiment, as noted by Wincent Director Paul Howard. However, despite the green
charts, technical indicators suggest this is a temporary correction within a
broader downtrend rather than the start of a new bull run.
What is the Bitcoin price
prediction for late 2025?
While
Bitcoin has recovered to $92,000, technical analysis predicts a drop to $74,000
in the coming weeks. A "Death Cross" formation and resistance at
$94,000 suggest that Bitcoin will likely revisit its April lows before any
sustainable long-term recovery begins.
Will Ethereum go back up
to $4,000?
No, it is
unlikely in the short term. Ethereum is currently trapped in a bearish
consolidation between $2,750 and $3,400. Technicals point to a high probability
of a breakdown toward $2,100, with a potential ultimate bottom below $1,500
if the bearish trend confirmed by the 50/200 MA cross continues.
Is Dogecoin a good
investment right now?
Yes, but caution
is advised. Despite today's 3.6% gain, Dogecoin has broken major support levels
from earlier this year. Unless DOGE reclaims the $0.20 level, the chart
favors a "hunt for lows" strategy with a price target of $0.10.
Why is XRP price falling
despite the rally?
Although
XRP is up slightly today, the broader trend is bearish due to a "Death
Cross" signal. Unless XRP breaks above resistance at $2.20-$2.30,
analysts forecast a decline to $1.61 and potentially as low as $1.25.
The
cryptocurrency market is flashing green during Monday's trading session, 8
December, 2025, prompting investors to ask why crypto is going up today.
Major assets like Bitcoin, Ethereum, XRP, and Dogecoin are posting gains,
driven by a relief bounce from recent lows.
However,
despite today's optimism, my technical analysis suggests this is likely a
temporary pause before further declines. Below you can find a detailed
breakdown of the charts for Bitcoin, Ethereum, XRP, and Dogecoin.
Why Crypto Is Surging
Today?
The crypto
market is seeing a recovery as volatility begins to normalize. According to
Paul Howard, Director at Wincent, the market is currently establishing a
trading range rather than entering a full-blown bull run.
"We
continue to see cryptocurrency prices closely correlated with global
macro-economic events. Whilst BTC CME volatility has gradually risen the past
few weeks, the return to high 40s is welcome from many traders," he said.
Bitcoin is
currently supported mainly by the weakening U.S. dollar, which has
fallen to its lowest level since October, as well as a renewed appetite for
risk assets, including equities. The S&P 500 ended last week at 6,870,
its highest level in six weeks.
This week,
investors are focused on the Federal Reserve, which will announce its
interest rate decision on Wednesday.
How does
the technical picture look on the charts? I examine it in the following section
of the analysis.
Bitcoin Price Analysis:
Why I Believe BTC Will Drop to $74,000
BTC Current
Price: $92,000
(+1.8%)
During
Monday’s session, Bitcoin (BTC) is trading around $92,000, marking a
second consecutive day of gains. However, according to my technical analysis,
this sideways movement is merely a pause before a continuation of the downtrend
toward my ultimate target: the
April lows of $74,000.
Currently,
I see Bitcoin trapped below a critical resistance zone of $92,000 - $94,000.
On my chart, the price has already printed bearish sell signals twice at this
height, most recently a bearish engulfing pattern between December 3rd and 4th.
Bitcoin technical analysis. Why BTC price is going up today? Source: Tradingview.com
Furthermore,
I am closely watching the "Death Cross" (50-day EMA crossing below
the 200-day EMA) that
formed on November 16. To me, this is a clear signal that current levels
will not hold. I expect the recent lows to be breached, with Bitcoin eventually
descending to my target of $74,000. Only after flushing out the "weak
hands" at that level do I expect a slow re-accumulation and a eventual
return to All-Time Highs, though almost certainly not this year.
"In my
assessment, it is far too early to pop the champagne and announce that the
worst is over," Arkadiusz Jóźwiak, Crypto Analyst and Editor-in-Chief at
Comparic.pl, said, backing my outlook. "From a technical point of view,
the downtrend will continue as long as Bitcoin does not break new higher
peaks."
Please also check
my other articles with Bitcoin price predictions and analyses:
Ethereum Price Technical
Analysis Points to a Fall Below $1,500
ETH Current
Price: ~$3,156
(+3%)
Ethereum
(ETH) is recovering above the psychological $3,000 level, but my
analysis suggests caution. As I observe on the chart, ETH remains stuck in a
month-long consolidation between support at $2,750 and resistance at $3,400.
Similar to
Bitcoin, the moving averages on my chart show a Death Cross, confirming a
dominant downtrend. Consequently, I am betting on a breakdown from this
consolidation rather than a breakout.
Ethereum technical analysis. Why ETH price is going up today? Source: Tradingview.com
XRP Price Forecast: Why I
Am Targeting $1.25?
XRP Current
Price: $2.09
(+2.6%)
XRP is
enjoying a bounce, but I remain skeptical of this rally. My analysis identifies
a local resistance zone starting at $2.00 and extending to $1.90,
where declines halted in late November.
While the
June lows at this level previously triggered a massive rally to $3.60, the
technical situation today is vastly different. I see strong sell signals,
including another Death Cross, which supports the bears. If the current local
support fails, I assume further depreciation for XRP.
What would
change my mind? For me to flip bullish, XRP would need to reclaim the
resistance zone between $2.20 and $2.30. The optimal bullish scenario
would require a breakout above $2.70, but until then, I remain bearish.
XRP technical analysis. Why XRP price is going up today? Source: Tradingview.com
Dogecoin Price Prediction:
DOGE May Crash to $0.10
DOGE Current
Price: $0.1436
(+3.6%)
Dogecoin (DOGE)
is up 3.6% today, but on my chart, the damage has already been done. DOGE
officially broke through the major support zone I had marked based on the lows
of March, April, and June.
On November
21, the price dipped to $0.1332, proving to me that the buying pressure
has evaporated. In my opinion, the fact that the zone widened without a dynamic
rebound is a significant weakness. The pressure remains strongly bearish as
sellers have pushed the price below key technical levels.
Dogecoin technical analysis. Why DOGE price is going up today? Source: Tradingview.com
Breakdown:
On November 21, the price dipped as low as $0.1332, widening the support zone
but failing to trigger a dynamic rebound.
Trend:
Moving averages indicate a downtrend.
Recovery Hurdle: To relieve selling pressure, DOGE must return to at least $0.20
(psychological level + 200-day MA). Only then could a move toward $0.30 be
considered.
For
Dogecoin to relieve this selling pressure, it would need to return to at least $0.20
on my chart. Until that happens, I am treating this as a "hunt for
lows." If the current fragile support gives way, I
expect a crash toward $0.10, testing the flash-crash levels from
October 10.
FAQ: Common Questions
About Today's Crypto Market
Why is crypto going up
today?
The crypto
market is rising today due to a relief bounce and stabilizing global macro
sentiment, as noted by Wincent Director Paul Howard. However, despite the green
charts, technical indicators suggest this is a temporary correction within a
broader downtrend rather than the start of a new bull run.
What is the Bitcoin price
prediction for late 2025?
While
Bitcoin has recovered to $92,000, technical analysis predicts a drop to $74,000
in the coming weeks. A "Death Cross" formation and resistance at
$94,000 suggest that Bitcoin will likely revisit its April lows before any
sustainable long-term recovery begins.
Will Ethereum go back up
to $4,000?
No, it is
unlikely in the short term. Ethereum is currently trapped in a bearish
consolidation between $2,750 and $3,400. Technicals point to a high probability
of a breakdown toward $2,100, with a potential ultimate bottom below $1,500
if the bearish trend confirmed by the 50/200 MA cross continues.
Is Dogecoin a good
investment right now?
Yes, but caution
is advised. Despite today's 3.6% gain, Dogecoin has broken major support levels
from earlier this year. Unless DOGE reclaims the $0.20 level, the chart
favors a "hunt for lows" strategy with a price target of $0.10.
Why is XRP price falling
despite the rally?
Although
XRP is up slightly today, the broader trend is bearish due to a "Death
Cross" signal. Unless XRP breaks above resistance at $2.20-$2.30,
analysts forecast a decline to $1.61 and potentially as low as $1.25.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
