- Latest Altcoin Updates: Ethereum and XRP Face Limited Upside:

As of Friday, Ethereum is trading above its short-term support at $3,100. Attempts to break above the descending trendline this week have failed, putting Ethereum at greater risk of further downside.

The Relative Strength Index (RSI) on the daily chart has slightly dipped below the midline, indicating a downward trend. At the same time, Ethereum remains below the 50-day Exponential Moving Average (EMA) at $3,350, the 200-day EMA at $3,471, and the 100-day EMA at $3,550, which limits the possibility of a rebound.

However, the MACD indicator is approaching the midline and has been signaling a buy since November 25. The green histogram is expanding above the midline, indicating growing bullish momentum. A breakout above the descending trendline would strengthen expectations for a move toward $4,000.

ETH/USDT Daily Chart

Meanwhile, as of this writing, XRP is at $2.06, trading below the 50-day, 100-day, and 200-day EMAs, indicating a continued downtrend. The 50-day EMA at $2.30 acts as resistance to any rebound, and the short-term outlook remains weak. The MACD indicator on the daily chart is retreating in the positive zone, with the main line close to the signal line, and the shrinking histogram suggests weakening momentum.
The Relative Strength Index (RSI) is at 42, trending downward from neutral, showing limited buying pressure. As long as the price stays below the moving averages, XRP/USD will remain under pressure.

XRP/USD Daily Chart

XRP’s medium-term trend remains under pressure, with the 100-day EMA at $2.46 and the 200-day EMA at $2.49 forming overhead resistance, making further gains difficult. At the same time, the SuperTrend indicator marks immediate resistance at $2.40. A breakout above this level would open up the $2.46–$2.49 range, otherwise XRP/USD may continue to consolidate.