- Technical Update for Altcoins: Ethereum and XRP Maintain Key Support Levels:

Ethereum is trading near the $2000 threshold after retesting a short-term support level around $1900. The rally of the leading smart contract token paused at $2107 on Saturday, reflecting weakness in the aforementioned derivatives.

However, the slight increase in the (RSI) indicator to 34 on the daily chart suggests increasing buyer control over the market. An upward movement of RSI readings toward the midline would support this shift.

Similarly, the MACD indicator has crossed above the signal line on the daily chart, supporting a bullish outlook. A steady rise toward the zero line with expanding green bars will confirm buyer dominance, encouraging traders to increase their risk levels.

Daily chart of ETH/USDT pair

As for XRP, it is trading at $1.48, well below the 50-day exponential moving average (EMA) at $1.73, the 100-day EMA at $1.94, and the 200-day EMA at $2.14. All three moving averages are trending downward above XRP’s price, confirming a bearish trend.
The MACD line has crossed above the signal line into positive territory, and increasing positive bars indicate improving bullish momentum. Meanwhile, the (RSI) remains at 43 below the midline, limiting the emerging rebound.

Daily chart of XRP/USDT pair

However, the downward trendline from $3.68 limits upside potential, with resistance near $2.11. Above it, the 200-day EMA at $2.14 presents an additional obstacle. A daily close above this trend barrier would encourage a broader base-building phase, while failure to reclaim the 50-day EMA at $1.77 would prolong the downtrend.
$ETH ‌$XRP ‌