🚨LE #XRP REMAINS BULLISH WEEKLY.

🏛️🪙The XRP price draws ascending troughs and peaks on the other side of the bearish trendline. For the moment, and until proven otherwise, it is the buyers who have control over the price. Nonetheless, XRP is slipping below the level at $0.53

🔷 If the price continues to stall at the $0.53 level and against the bearish institutional bias, XRP could find itself on the support at $0.42. On the other hand, if buyers push and $0.53 is retaken as support, the price could reach resistance at $0.65. To remain in bullish momentum, XRP must retain support at $0.42, and it must surpass the last recorded high at $0.94. The RSI has been showing downward lows and highs since the start of 2024. We will need to regain upward momentum so that buyers can have the advantage of momentum

🔷 #Ethereum is back at the support level at $3,500. It will be necessary to make sellers give in at the $4,000 level to continue the upward trend and return to the last historic highs. The ETH/BTC pair was once again rejected at the bearish trendline, and this shows that ETH remains fragile against #BTC .

🔷 The #Altcoins will have to wait before returning to an altseason like in 2021. Indeed, the dominance remains bullish, and capital is heading towards Bitcoin. The capitalization of #altcoins must maintain support at $1,100 billion to avoid a further fall towards $950 billion. At the same time, XRP is still bullish on a weekly basis. Despite this bullish dynamic displayed, if the price continues to block at $0.53, a return to the support at $0.42 is possible. Cryptocurrency enthusiasts need to be patient, as we are potentially only in the middle of the bullish cycle.