$ETH & $XRP are losing steam, but $BTC might be stabilizing… 🤯
Ethereum is steadily declining, failing to hold rallies and trading below key moving averages. Expect a potential test of $2,500 – not a bullish signal, but a level where buyers might reappear. Volume confirms bearish pressure; this isn’t chaos, it’s controlled descent.
XRP isn’t dead, just weak. It’s holding above a crucial demand zone, suggesting potential for a bounce – a relief rally, not a trend reversal. Don’t expect massive gains, but survival is key.
Interestingly, Bitcoin is forming a classic head-and-shoulders pattern, but this could signal stabilization, not further collapse. The pattern appears resolved, potentially flushing out weak hands and setting the stage for a basing phase. RSI suggests cooling momentum. Markets reset, they don’t just trend.
#Ethereum #XRP #Bitcoin #CryptoAnalysis 📉
