- Technical Overview of Altcoins: Ethereum and XRP Decline as Challenges Intensify: Ethereum continues its decline, targeting support levels between $2000 and $2100, which generally aligns with its position below the 50-day, 100-day, and 200-day exponential moving averages, all of which hover above $2193 and form part of a broader downtrend. The MACD indicator line has fallen from its recent highs on the daily chart, while the green histogram bars are fading, indicating a slowdown in bullish momentum after the early-month rally to $2386. Additionally, the Relative Strength Index (RSI), around 50 on the same chart, confirms this balance of power, suggesting neither side is fully in control and keeping focus on how the spot price moves around nearby horizontal levels. Immediate resistance appears at the 50-day exponential moving average around $2193, where sellers limited the recent rally, and failure to regain momentum could lead to short-term gains. A later barrier is observed in the $2350–$2385 zone, which coincides with the highest price level recorded in March. The initial support level aligns with the $2000–$2100 range, protecting last week’s lows. A sustained break below this range could lead to the $1980–$1930 zone, where previous volatility and buying interest at dips have been observed. Daily chart of ETH/USDT pair As for XRP, sellers are dominant, pushing the price down to $1.38 at the time of writing on Thursday. The short-term trend indicates a slight decline, with XRP continuing its retreat from the recent high around $1.54, settling below the 50-day, 100-day, and 200-day exponential moving averages, which cluster above $1.48, confirming the overall bearish trend. The ascending support line from $1.12 remains intact but is currently tested around $1.38, indicating waning buying interest after the sharp mid-month rally. Similarly, the MACD line has slightly dipped below the signal line on the daily chart, confirming a slowdown in bullish momentum. The (RSI) remains around 44, below the midline of 50 on the same chart, reinforcing a bearish bias rather than outright selling pressure. Daily chart of XRP/USDT pair Initial resistance is seen at $1.43, where recent rebounds paused, followed by stronger resistance near the 50-day exponential moving average at $1.48, then the $1.54 zone. Above this area, the 100-day exponential moving average at $1.66 falls within the resistance range. On the downside, immediate support is at the trendline zone around $1.38, with a clear breakdown below opening the door to $1.35, then $1.32 as subsequent support levels. $ETH ‌ $XRP ‌

Coinbase says 25% of institutions plan XRP allocations in 2026