- Technical overview of altcoins: Ethereum and XRP continue their minor gains:

Ethereum's price rose slightly above $1,700, recording three consecutive days of gains. Momentum has improved as evidenced by the Relative Strength Index (RSI), which is hovering just above 50 on the daily chart, and the Moving Average Convergence Divergence (MACD), whose histogram is in positive territory, indicating selling pressure is receding.

Despite the rise, multiple structural levels limit Ethereum's upside. Trading below the 50, 100, and 200-day exponential moving averages confirms a broader downtrend.

Daily ETH/USDT Chart
On the upside, immediate resistance appears at the 50-day exponential moving average around $1,808, followed by a descending resistance trendline near $1,928. Further north, the 100-day exponential moving average at approximately $1,983 and the 200-day exponential moving average near $2,271 define a wider range that must be breached to change the mid-term market direction. On the downside, the Parabolic SAR provides initial support around $1,516, and a daily close below it would likely reopen the path toward lower lows, despite the current improvement in market momentum.

XRP is trading at $1.10, with buyers strengthening their control. The psychological support level at $1.03 allowed buyers to return to the market, aligning with the short-term positive outlook for the crypto market in general. Momentum is improving, supported by the Relative Strength Index (RSI) recovering toward a neutral level of 46 on the daily chart, and the MACD which has recently turned slightly positive. Together, both indicators suggest moderate bullish momentum within a broader downtrend.

Daily XRP/USDT Chart
On the upside, initial resistance appears at the 20-day Bollinger Band middle range around $1.11, followed by a descending resistance trendline breakout area near $1.21, then the 50-day exponential moving average near $1.19, forming a dense supply zone before the Bollinger Band upper range near $1.23. Higher up, the 100-day exponential moving average around $1.29 and the 200-day exponential moving average near $1.51 represent more significant barriers.

In contrast, the only nearby structural barrier is the Bollinger Band lower range, now around $0.99, where buyers may attempt to slow any further decline.
$ETH ‌
$XRP ‌