- Technical Outlook on Altcoins: Ethereum and XRP Decline as Selling Fears Intensify:
Ethereum is currently trading below the support level that has turned into resistance at $1900, while maintaining its price above the daily low of $1847. The leading smart contract token is also trading below the 50-day exponential moving average at $2428, the 100-day EMA at $2767, and the 200-day EMA at $3027.
The Relative Strength Index (RSI) at 33 is approaching oversold territory, a scenario that could amplify the prevailing bearish trend. If Ethereum's price drops below the daily low, the downtrend could
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