Bitcoin (BTC) and Ethereum (ETH) are facing potential reversal signs, with BTC likely to dip below $106k and ETH expected to plunge below $2,400.
Bitcoin's RSI chart suggests a possible dip below $106k support level, while Ethereum is experiencing fading momentum, increasing chances of dropping below $2,400.
The altcoin market is uncertain due to Bitcoin's stability, with altcoins constrained in a tight range. Traders are closely watching Bitcoin, Ethereum, and XRP for sentiment shifts.
XRP has slipped below a key support level of $2.3 to trade at $2.29, with a bearish momentum indicating a potential drop to $1.96 or a surge to $2.72.