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Crypto

XRP holds long-term trend in pullback; monthly chart eyes $6.44 and $8.76

XRP is holding a support pattern inside a rising triangle that has been in place since 2018, a report said. On the monthly chart, a breakout above upper resistance could open targets at $6.4413 and $8.7614. XRP is trading in the $1.10 range, up more than 9 percent from this month’s opening price of $1.0385. Key levels cited include support at $0.8369 and resistance at $1.5620 and $3.5733.

Crypto

Ethereum faces downside pressure as whale selling and liquidations rise

Ethereum has broken below a key technical support zone, raising the risk of further declines, analysts said. CryptoQuant author Pelin Ay (Pelin Ay) said the token confirmed a bearish breakdown after slipping below the lower support of a rising triangle pattern. Ethereum is trading around $2,124 but remains below key moving averages, with $1,350 cited as the next support. Derivatives data show rising long liquidations on Binance, while another analyst said about 60 large holders cut or exited positions.