Why is crypto going up today? The cryptocurrency market is experiencing a strong recovery rally today (Tuesday), November 25, 2025, with Bitcoin (BTC) price jumping to $88,590 (up 1.6% in 24 hours), Ethereum rising 2.1% to $2,942, XRP surging 8% to $2.24, and Dogecoin gaining ground at $0.1525.

The total crypto market capitalization has risen 2.4% to $3.1 trillion, adding $23.8 billion in value over the past day as investor sentiment improves from extreme fear levels. The crypto surge is primarily driven by a shift in Federal Reserve rate cut expectations, with odds jumping from just 40% last week to 82% for December according to Polymarket and CME FedWatch data.

However, this is most likely a dead cat bounce, and the cryptocurrency market could quickly resume its decline. In this text, I provide a technical analysis of the BTC/USDT, ETH/USDT, XRP/USDT, and DOGE/USDT charts and outline what these assets may face in the coming weeks.

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Bitcoin Price Recovers from $80K Lows But Bull Trap Ahead

Bitcoin's price fell 1.3% Tuesday to $87,177, showing slight weakness but maintaining a clear recovery from Friday's turbulent session when it crashed to just $80,000, a seven-month low. According to my technical analysis, Bitcoin's movement toward my target bearish range around $74,000 encountered a local accumulation zone at $83,000-$84,000 where a bullish pin bar candle formed with a very long lower wick, showing rejection of further selling by supply.

As a result, we're currently in a short-term corrective bounce which could reach the $92,000-$94,000 zone marked in red on my chart, as I mentioned in one of my earlier analyses. This is a typical bull trap and dead cat bounce, so I'm still targeting lows around $74,000 coinciding with this year's minimum on Bitcoin's chart. After testing this level, I intend to accumulate Bitcoin assuming a return to uptrend and ultimately re-entering a price discovery phase.

Bitcoin Technical Levels

Paul Howard, Director at Wincent, provided institutional perspective on the current market structure: "Indicators from the end of October where we saw whales selling and tightening liquidity, led to the institutional basis trade unwind and wave of ETF selling."

"Dovetail this with the year-end where we typically see books selling crypto for reporting purposes, sentiment remains muted," Howard continued. "I do not expect we bounce back to $100,000 levels anytime before Q1.”

Ethereum Price Shows Death Cross Warning Despite Support Defense

Ethereum's (ETH) price falls 2.5% today, testing session lows at $2,879 on Tuesday, though spot prices show recovery to $2,942 with a 2.1% daily gain. On one hand, a very strong bearish sell signal appeared in the form of a death cross, the 200-day EMA crossed from above by the 50-day EMA, which can signal medium-term declines of even 30-40% toward just $1,400, this year's lows last tested in April.

On the other hand, ETH stopped clearly at the support zone I mentioned around $2,750, which so far provides a place to bounce. However, there's not much room as we soon have the 50% Fibonacci retracement and also local November lows, and shortly a resistance zone around $3,350 marked by August minimums tested again in early October, not to mention the cluster of moving averages I mentioned.

Only a return above this cluster will allow me to again believe Ethereum has demand strength for further appreciation. For now I remain more bearish-biased on Ethereum despite the short-term recovery bounce.

BlackRock has been accumulating Ethereum through its iShares Ethereum Trust ETF (ETHA), with recent purchases totaling $72.5 million in October and larger accumulations of $140.9 million in September. While spot Ethereum ETFs saw $1.64 billion in outflows during November, institutional interest from the world's largest asset manager signals long-term confidence in ETH as a foundational asset for smart contracts and tokenization.

XRP Price And Two-Day Rally Within Bearish Structure

XRP price has two dynamic days of consecutive gains behind it, including a remarkable 9% surge on Monday, and on Tuesday the price corrects by a modest 1.6% and changes hands at $2.19, with spot data showing $2.24 and an 8% daily gain. From a technical analysis perspective, this two-day bounce allowed us to return to an important zone that until recently acted as support, now acting as resistance in the range between $2.18 and $2.29.

The fact that we're below the moving average cluster suggests for now we should expect a bearish reaction and corrective decline again toward $1.90 support where on Friday a bullish pin bar formed allowing the current bounce to materialize. Like the two charts above, this is short-term for me and long-term I maintain my bearish stance I mentioned some time ago due to death cross formation, targeting a level of just $1.25 which was last tested one year ago.

Dogecoin Price: Support Zone Defense But Death Cross Intact

Dogecoin (DOGE) notations fell 2.3% Monday and the cryptocurrency costs $0.1483 after rising for the last 2 days, bouncing from a support zone last tested in June. Recent declines on the DOGE chart which we observed continuously from September peaks pushed the price to my designated support zone between 14 and 15 cents, tested in March, April, June and last time in October this year.

And although it seemed Dogecoin might exit this range, which we witnessed including last Friday, the price found support slightly lower, bounced and returns again to this range showing that the long-term consolidation we've been observing since February is still in play. Its main upper boundary falls around the 29-30 cents range, and according to swing trading principles we should be heading in that direction.

However, the technical situation is not in favor of buyers. Primarily we're in a downtrend as evidenced by simply being below the 200 MA moving average, not to mention the death cross formed in late October (sell signal from 50 and 200 MA crossing).

For me to start believing in a stronger Dogecoin bounce, it would need to return above the 20 cents level and break the blue average; only then would I consider playing long positions toward 30 cents, the level last tested in September.

Why Crypto Is Surging Today?

Federal Reserve Dovish Pivot

The primary driver behind why crypto is surging today is the dramatic shift in Federal Reserve policy expectations. Joel Kruger, strategist at LMAX Group, explained: "Market conditions appear to be realigning with the broader status quo, particularly around Fed expectations. After a brief wobble driven by a hawkish tilt that unsettled risk assets, the market is once again leaning toward accommodation."

The CME FedWatch tool shows December rate cut odds jumped from 30% on Wednesday to 75.5% by Friday, following dovish remarks from Fed Vice Chair John Williams. This represents a stunning reversal from the 22% probability economists assigned just days earlier.

Institutional Flows and ETF Launches

BlackRock's continued Ethereum accumulation through its iShares Ethereum Trust ETF, including the $72.5 million October purchase, signals institutional confidence despite recent market volatility. The asset manager views Ethereum as a foundational layer for smart contracts, tokenization, and institutional-grade Web3 infrastructure.

Technical Reset and Oversold Conditions

Kruger noted that "the market has now digested the recent setbacks, creating a healthier backdrop and offering investors a chance to reenter at compelling levels. Bitcoin has historically rewarded conviction during periods of volatility, with significant pullbacks frequently preceding powerful moves to new all-time highs."

Crypto Price Analysis, FAQ

Why is crypto going up today?

Crypto is surging on November 25, 2025 due to Federal Reserve dovish pivot with rate cut odds jumping from 40% to 82% for December, Monday launch of Franklin Templeton and Grayscale XRP ETFs ($94M combined first-day inflows), BlackRock Ethereum ETF purchases signaling institutional confidence, technical oversold bounce after Friday's crash to seven-month lows, and leverage unwinding stabilizing the market.

What is Bitcoin price prediction?

According to my technical analysis, Bitcoin at $87,177-$88,590 is in bull trap bounce potentially reaching $92,000-$94,000 corrective resistance before declining to my ultimate target of $74,000 (2025 yearly minimum) for accumulation. After testing $74K, I anticipate return to uptrend and price discovery phase.

Will XRP reach $3?

XRP at $2.19-$2.24 after 9% Monday rally has returned to former support/current resistance zone $2.18-$2.29. According to my technical analysis, this two-day bounce appears corrective within longer-term bearish structure.

Should I buy crypto during the dip?

This depends on timeframe and risk tolerance. Bullish case: Fed rate cut odds 82% for December, extreme fear (contrarian signal), institutional flows (BlackRock ETH, XRP/DOGE ETFs $94M), technical oversold bounce, Kruger notes "Bitcoin historically rewarded conviction during volatility" with pullbacks "frequently preceding powerful moves to new highs."

Are we in crypto bear market?

Yes. Bitcoin death cross, Ethereum death cross (50 EMA above 200 EMA), my technical analysis targeting Bitcoin $74K/Ethereum $1,400, XRP and Dogecoin death crosses, Paul Howard notes whale selling and institutional liquidation ongoing, no $100K expected before Q1 2026.

Before you go, please also check my previous analyses and articles about crypto and gold:

• Why Gold Is Surging? New 20% Gold Price Prediction as Metal Rises for a 5th Straight Session
• Why Bitcoin Is Falling Below $90K? Death Cross Triggers BTC Price Prediction to $74K
• Why Bitcoin Is Falling? BTC Plunges Below $96K And May Crash 30% According to This New Bitcoin Price Prediction