- Technical outlook for alternative coins: Ethereum and XRP are still under a general bearish outlook: Ethereum is trading at $1,673, maintaining a clear downtrend in the short term, as the price remains far below the 50-, 100-, and 200-day exponential moving averages. The nearest dynamic resistance appears at the SuperTrend line at $1,850, with additional support from the 50-day exponential moving average at $1,999 and the 100-day exponential moving average at $2,148, forming a broad upper resistance range. Momentum remains fragile, as the MACD chart is still negative on the daily chart, and the Relative Strength Index hovers above the oversold zone near 31, indicating continued selling pressure despite the risk of short-term corrective rebounds. Daily chart of the ETH/USDT pair On the upside, immediate resistance appears at the SuperTrend level barrier around $1,850, before the 50-day exponential moving average at $1,999 and the 100-day exponential moving average at $2,148—levels that must be reclaimed to ease the current bearish tone. A more sustainable structural shift will not be suggested unless buyers can push the price back toward the 200-day exponential moving average at $2,403, while failure to challenge these successive limits leaves Ethereum vulnerable to further weakness, forcing traders to infer support from prior lower levels rather than any nearby technical level in the current dataset. On the other hand, XRP is trading at $1.14. The pair is still under clear downward pressure, as the price consolidates below the SuperTrend line at $1.26 and all major moving averages (the 50-day exponential moving average at $1.30, the 100-day exponential moving average at $1.39, and the 200-day exponential moving average at $1.61), keeping the overall trend capped from above. Momentum remains weak, as the Relative Strength Index is hovering in the mid-30s and the MACD indicator chart is still negative, and together these suggest that any rebounds are likely to face difficulty as long as these upper levels remain intact. Daily chart of the XRP/USDT pair On the bullish side, the initial resistance is at the SuperTrend barrier near $1.26, with the 50-day exponential moving average at $1.30, which increases sell pressure slightly to the upside. A sustained breakout above this level would reveal the next resistance levels at the 100-day exponential moving average around $1.39, followed by the more important 200-day exponential moving average at $1.60. In the absence of clear structural support levels derived from the available indicators, the next support levels are the lowest prices of the recent period and the psychological support levels at $1.05 and $1.00. $ETH ‌ $XRP ‌

- Institutional selling continues amid outflows from exchange-traded funds. Bitcoin spot ETFs saw outflows totaling $19 million over five consecutive days on Thursday, indicating that risk aversion remains in the overall cryptocurrency market. Total outflows amounted to $53.54 billion, down from $55.18 billion recorded on June 1, while the average net assets under management were $79.50 billion, down from $91.18 billion in the same period. Continued selling by institutions negatively affects market sentiment, reducing the likelihood of a bullish trend continuing. Bitcoin ETF inflows | Source: SoSoValue Meanwhile, Ethereum spot ETFs continued their decline for the third consecutive day, with total outflows of $16 million on Thursday. SoSoValue data shows outflows of approximately $41 million on Tuesday and about $36 million on Wednesday, leading to a decline in risk appetite for related digital investment products. The average cumulative inflows are $11.19 million, while net assets are $9.24 million. Ethereum ETF inflows | Source: SoSoValue In the meantime, demand for XRP spot ETFs remained weak, with no inflows recorded on Thursday, keeping cumulative inflows unchanged at $1.43 billion and net assets under management at $985 million. Continued demand for spot ETFs is crucial. $BTC ‌ $ETH ‌ $XRP ‌

Nobody’s talking about the silent RSI collapse on XRP right now. $XRP /USDT - SHORT Trade Plan: Entry: 1.13 – 1.13 SL: 1.15 TP1: 1.11 TP2: 1.10 TP3: 1.08 Why this setup? The 15m RSI is at 33.91—deep in oversold territory—but the 4H bias is still 95% SHORT. - Price pinned at 1.13, right under a bearish 1D trend. - ATR on 1H is tight (0.0097), meaning a breakout is imminent. - Why now? The entry is armed: if 1.13 breaks, TP1 at 1.11 is the first domino. Debate: Are you fading the RSI bounce or riding the trend to 1.08?