Technical outlook on altcoins: Both Ethereum and XRP maintain support levels with limited upside potential remaining.

Ethereum is trading near $1775, maintaining a short-term bearish trend after a sudden rebound around the $1800 level. This price range has been broken for three consecutive days of gains. The spot market price remains below the 50, 100, and 200-day exponential moving averages, which are at $1961, $2117, and $2378 respectively.

However, Ethereum's rebound from below $1600 is supported by the Parabolic SAR support level near $1555, with momentum gradually improving. The MACD indicator on the daily chart has turned positive, and the Relative Strength Index (RSI) has recovered toward the mid-forties, indicating a corrective rebound within a still-dominant bearish structure.

Daily chart of ETH/USDT pair
It is worth noting that initial resistance is at the 50-day exponential moving average around $1961. A daily close above this barrier would reveal the next ceiling at the 100-day EMA near $2117, followed by the further 200-day EMA at $2378, which marks the broader bearish ceiling.

On the downside, the first key support is provided by the Parabolic SAR level at $1558, with failure to hold this level potentially reopening the path toward its recent lows near $1500.

Meanwhile, XRP is trading close to $1.24, with signs of a pause in the rebound below the 50-day EMA at $1.28. However, Bollinger Bands indicators show the price stabilizing above the middle support line around $1.20, while the MACD has turned positive on the daily chart.
At the same time, the RSI is hovering near 51 on the same daily chart, indicating a slight improvement in bullish momentum, though still fragile, within a structurally pressured market.

Daily chart of XRP/USDT pair
On the bullish side, initial resistance is at the 50-day EMA near $1.28, followed by the upper Bollinger Band around $1.36, with the 100-day EMA at approximately $1.38 and the distant 200-day EMA near $1.59, reinforcing a broader supply zone.

Looking downward, immediate support appears at the middle Bollinger Band around $1.20, followed by the lower band near $1.04. Failure to hold above these levels could open the door to a deeper decline below the psychological $ETH level of $1.00.