- Technical Overview of Altcoins: Both Ethereum and XRP face challenges:

Ethereum is trading at $1,766, maintaining a short-term bearish trend, as the price remains below the 50, 100, and 200-day exponential moving averages, which collectively hinder upward movement. The Parabolic SAR indicator is currently below the price at around $1,582 on the daily chart, indicating the continuation of the recent rebound, while the positive MACD chart and the Money Flow Index (MFI) near 46 suggest a slowdown in bearish momentum.

Daily ETH/USDT Chart
On the bullish side, the first resistance level is near the 50-day exponential moving average at around $1,954, followed by a stronger support level at the 100-day EMA around $2,110, while the 200-day EMA, located above it near $2,383, represents a broader bearish threshold. On the downside, the Parabolic SAR level at approximately $1,582 provides initial support, and a clear break below this level is likely to reopen the path toward lower lows near $1,500, despite the recent improvement in short-term momentum indicators.

Meanwhile, XRP is trading at $1.19, maintaining a broad bearish context as the price remains well below the 50, 100, and 200-day EMAs, which extend above the support level and indicate that the broader downtrend remains intact despite the recent rebound.

The Parabolic SAR indicator is now below the price at $1.07, suggesting an attempt to stabilize above its recent lows, while the MACD chart has turned slightly positive on the daily timeframe, indicating short-term momentum improvement even as the MFI remains below 50.

Daily XRP/USDT Chart
Looking at the bullish side, initial resistance appears at the 50-day EMA around $1.28, while the 100-day EMA near $1.37 and the 200-day EMA at $1.58 form successive ceilings that need to be surpassed to ease overall bearish pressure. On the downside, the Parabolic SAR level near $1.0717 acts as immediate support. A daily close below this level would expose the pair to a new decline toward its previous lows at $1.05.
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$XRP ‌