- Technical Overview of Altcoins: Ethereum and XRP Maintain Key Support Levels
Ethereum remains under pressure despite rising above $2000 after dropping to $1753 on Friday. The Relative Strength Index (RSI) at 30 on the daily chart indicates that sellers still dominate the market, while the MACD remains below the signal line, suggesting investors should reduce their risk exposure.
A daily close above the $2000 level could support Ethereum’s price stability, encouraging investors to take risks ahead of the next recovery wave targeting the supply zone at $2400. Conversely, Ethereum still faces c
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