- Altcoin Updates: Limited Upside for Ethereum and XRP:

Ethereum is trading above its short-term support level of $3,100 at the time of writing this report on Friday. An attempt to break the descending trend line resistance stalled this week, exposing Ethereum to increased downside risks.

The Relative Strength Index (RSI) on the daily chart dipped slightly below the midline, indicating a bearish trend. Ethereum is also holding below the 50-day EMA at $3,350, the 200-day EMA at $3,471, and the 100-day EMA at $3,550, which limits the chances of rebounds.

However, the MACD is rising toward the midline and has maintained a buy signal since November 25. The green histogram bars are expanding above the midline, indicating increasing bullish momentum. A breakout above the descending trend line would strengthen the case for a move toward the $4,000 level.

ETH/USDT Daily Chart

Meanwhile, Ripple is trading at $2.06 at the time of writing, with the price below the 50, 100, and 200-day EMAs, signaling a continued bearish bias. The 50-day EMA, standing at $2.30, marks a potential rebound point, maintaining near-term trend strength. The MACD is retreating in the positive zone on the daily chart, with the line hovering near its signal, and the shrinking histogram indicates waning momentum.
The Relative Strength Index (RSI) at 42 (from neutral to bearish) confirms limited buying pressure, and the pair will remain under pressure as long as it stays below the moving averages.

XRP/USD Daily Chart

The medium-term outlook for XRP price remains under pressure, as the 100-day EMA at $2.46 and the 200-day EMA at $2.49 form an upper barrier that limits the upside. At the same time, the SuperTrend indicator registers immediate resistance at $2.40. A breakout above this would open up the $2.46–2.49 range, while failure to break through will keep the XRP/USD pair susceptible to further consolidation.