- Technical Overview of Altcoins: Ethereum and XRP Recovery:

Ethereum's price remains above $2000 with buyers strengthening their control, supported by improved sentiment in the overall cryptocurrency market. The MACD indicator remains stable above the signal line on the daily chart, while the green histogram bars are expanding, confirming a potential bullish reversal. The RSI( has crossed above the neutral level of 51 on the same chart, supporting positive short-term outlooks for Ethereum.

Meanwhile, initial resistance is around the highest level recorded on Friday at $2093, followed by stronger resistance at the 50-day Exponential Moving Average (EMA) at $2234. A daily close above this EMA resistance is needed to weaken the downtrend and open the way toward the 100-day EMA at $2567.

On the downside, immediate support is at $2000, protecting the key support level at $1930, which coincides with the lowest price recorded on Monday. A break below $1930 could reveal a demand zone at $1800 and reintroduce strong selling pressure within the prevailing downtrend.

Daily chart of ETH/USDT

As for XRP, its price has risen slightly above $1.41 amid a general recovery in cryptocurrency prices. Key momentum indicators, including the MACD and RSI), confirm the short-term positive outlook for this digital asset. The MACD remains stable above the signal line on the daily chart, with expanding green histogram bars, encouraging traders to increase risk and raise their positions. Furthermore, the RSI( on the same chart is approaching the midline of 50, reinforcing bullish momentum.

Daily chart of XRP/USDT

Despite the positive short-term outlook, initial resistance appears around the highest level recorded on Thursday at $1.45. A daily close above this level would open the way toward the 50-day EMA at $1.53. On the downside, immediate support is at $1.36, the most recent low, followed by the weekly low at $1.33. A break below this level could lead to further declines toward the $1.25 zone.