- Technical View on Altcoins: Ethereum and XRP Maintain Modest Gains:

Ethereum is trading at $2,296, surpassing the 50-day exponential moving average (EMA) at $2,211, providing initial support for the trend. However, Ethereum is still ranging below the 100-day EMA at $2,353 and the 200-day EMA at $2,629, which limits the overall recovery. The Relative Strength Index (RSI) around 55 on the daily chart indicates slight positive momentum, while the MACD remains in positive territory, suggesting that buyers still have a slight advantage despite the set of upper moving averages, which continues to negatively affect the market structure in the medium term.

Daily chart of the ETH/USDT pair

On the bullish side, immediate resistance appears at the 100-day EMA near $2,353, followed by a hurdle at the 200-day EMA around $2,629, before the descending resistance trendline that has repeatedly capped previous highs. As for the bearish side, the 50-day EMA at $2,211 represents the first important support level. A daily close below this level would weaken the current bullish trend and signal a deeper pullback, while holding above it keeps the door open for another attempt to reach the 100-day EMA.

As for XRP, its price is trading at $1.41, staying stable as it has fallen below the 100- and 200-day EMAs, which are $1.54 and $1.79 respectively. The price has slightly recovered the 50-day EMA at $1.41 as immediate support, indicating short-term stabilization within a broader corrective phase.

The MACD chart is stabilizing in positive territory on the daily chart, while the RSI hovers around 54, indicating together that modest bullish momentum has not yet overcome the dominant upper structure.

Daily chart of the XRP/USDT pair

On the bullish side, initial resistance appears at the 100-day EMA near $1.54, where a daily close above it is needed to ease the overall bearish pressure, with the 200-day EMA at $1.79 acting as a higher resistance barrier that aligns with the long-term descending trendline. On the bearish side, the 50-day EMA at $1.41 represents the first support level. A sustained break below this level will expose XRP to renewed selling pressure, keeping the digital asset steady within its prevailing downtrend.
$ETH ‌
$XRP ‌