Wall Street opens its doors to crypto again!

Bloomberg reports confirm that major financial institutions have started hiring dozens in the digital currency sector.
The upcoming adoption wave is not just about liquidity flowing into ETFs, but banks are also building specialized crypto teams in preparation for a strong demand return. The market is gearing up for something big—technical outlook on altcoins: Ethereum and XRP under pressure as the decline continues:
Ethereum is trading at $2,338, maintaining a neutral to slightly bullish stance as the price stays above the 50-day exponential moving average at $2,266 but remains below the 100-day EMA at $2,344 and the 200-day EMA near $2,546.
The smart contract also tracks an upward support trend line, with the latest reaction zone around $2,288, indicating that buyers are still defending higher lows even as the MACD chart remains slightly negative on the daily chart and hints at a slowdown in bullish momentum, while the Relative Strength Index (RSI) around 55 indicates balanced and slightly positive pressure rather than a strong trend.
Daily chart of ETH/USDT pair
On the upside, immediate resistance lies at the 100-day EMA, which is around $2,344. A daily close above this key level would reveal a stronger barrier at the 200-day EMA near $2,546, where the broader bearish supply zone is likely to re-emerge.
On the downside, the initial support level aligns with the pivot point around the current price range during the day, followed by support at the upward trend line near $2,288, with the 50-day EMA at $2,266 as additional support. A decisive break below this narrow range would weaken the bullish trend and open the door for a clearer corrective phase.
Meanwhile, XRP is trading above $1.41, maintaining an overall bearish trend, as the price remains well below the 100 and 200-day EMAs, which are at $1.50 and $1.74 respectively. However, the transfer price is slightly supported above the 50-day EMA at $1.41, indicating an initial attempt to stabilize after recent losses.
Momentum signals are slightly positive, with the RSI hovering around 54 on the daily chart, and the MACD indicator chart shows it slightly above zero, suggesting selling pressure is easing but has not yet reversed, while the long-term key moving averages remain above.
On the bullish side, initial resistance appears near $1.46, where previous rallies faced difficulty breaking the downtrend line, followed by the 100-day EMA at $1.50. Sustained movement above these levels is required to ease the overall bearish trend. On the upside, the 200-day EMA at $1.74 represents a key medium-term barrier.
Daily chart of XRP/USDT pair
On the downside, the 50-day EMA at $1.41 provides immediate support. A daily close below this level would open the door to deeper corrections, while holding above it maintains short-term consolidation below the resistance zone.