Ethereum continues to show resilience, holding its ground above key support 
levels even as price faces firm resistance near the $3,400 zone. The ability 
to sustain strength after recent gains highlights improving market structure, 
suggesting that buyers remain in control. As long as ETH stays supported above 
its critical trend levels, the broader upside narrative remains intact despite 
near-term hesitation. Daily Bull Market Support Band Holds As Key Reversal 
Zone Luca, in a recent ETH update shared on X, pointed out that Ethereum’s 
market structure has strengthened considerably over the past several days. The 
price has been able to hold above the 1D Bull Market Support Band, a level 
that has acted as a reliable reversal zone multiple times over the last couple 
of months. This sustained hold suggests improving market confidence and a 
reduction in immediate downside risk. Related Reading: Ethereum Price Pushes 
Toward Breakout Levels, Bulls Smell Opportunity Alongside this structural 
improvement, ETH successfully reclaimed the 0.618 Fibonacci point of interest 
around the $3,100 region. This level is often viewed as a critical threshold 
in corrective phases, and holding above it typically signals that buyers are 
gaining the upper hand. Despite the positive developments, Ethereum has not 
moved higher without hesitation. ETH’s price recently faced rejection near the 
0.5 Fibonacci level around $3,400, an outcome Luca noted was largely expected. 
Historically, this area has acted as a significant decision point, often 
attracting selling pressure and temporary pullbacks before the market decides 
on its next direction. Looking forward, Luca believes the overall outlook 
remains constructive as long as ETH continues to trade above the 1D Bull 
Market Support Band and the 0.618 Fibonacci level. Maintaining these supports 
would keep the path open for renewed upside attempts, even if short-term 
consolidations occur, and the analyst’s positioning remains unchanged. ETH 
Above Daily 200MA, Structure Remains Constructive According to a recent post 
by Daan Crypto Trades, Ethereum is still advancing gradually while respecting 
the Daily 200-day moving average against Bitcoin. This type of slow, 
methodical grind often signals strength beneath the surface, suggesting that 
buyers remain in control even without aggressive momentum. Related Reading: 
Ethereum’s Q1 Outlook: Analyst Shares Historical Setup As Price Nears Key 
Resistance The analyst explained that prolonged consolidations and steady 
climbs like this typically resolve with an acceleration phase. Should ETH 
break out with stronger upside momentum, it could serve as a trigger for 
renewed interest across the altcoin market, helping lift sentiment and price 
action. However, the structure remains conditional. Holding the Daily 200MA, 
highlighted in purple, is critical to maintaining this constructive setup. In 
parallel, Bitcoin must stay above the $94,000 level to maintain the broader 
low-timeframe bullish structure. As long as these conditions are met, the path 
of least resistance continues to favor further upside. Featured image from 
iStock, chart from Tradingview.com

Ethereum Maintains Structural Strength Despite Resistance Near $3,400

Platinum’s tightening supply and resilient demand are amplifying long-term 
market volatility, reinforcing structural deficits that continue to pressure 
prices and drive growing risk-management activity. A Prolonged Supply Squeeze: 
Why Platinum Supply Constraints are Fueling Long-Term Market Volatility A 
tightening imbalance in the platinum market is drawing renewed attention as 
supply constraints persist and demand remains […]

Platinum’s Supply Squeeze Deepens as Structural Deficits Persist

XRP&#8217;s price action is trading just above $2, but technical analysis of mid- 
term charts shows a more complex corrective structure for what comes next. 
According to a technical analysis shared by CasiTrades on X, XRP may still 
have one more bullish push ahead before the structure turns lower. The chart 
showing the analysis outlines a developing Elliott Wave sequence that could 
first lift XRP&#8217;s price higher, then open the door to a breakdown if support 
levels fail. Related Reading: Ethereum On Fire: User Growth Sparks Massive 
Activity Spike B Wave Dips Hint At Coming Wave C Surge Technical analysis of 
XRP&#8217;s price action on the 1-hour candlestick timeframe chart by CasiTrade 
proposes an interesting outlook that shows XRP might end up correcting below 
$2 in the coming days. This correction, however, will only play out after XRP 
finishes a Wave C move that takes its price above $2.2. The wave C, in turn, 
is expected to play out after the recent pullback to $2.03 in the past 48 
hours. According to CasiTrades, XRP’s recent pullback unfolded as a deeper B 
wave than initially expected. Instead of forming a tight consolidation, price 
traced out a full ABC move and fell into the 0.618 Fibonacci retracement 
around $2.09. This depth, however, does not invalidate the structure. Such a 
move is consistent with a B wave in the Elliott Wave theory. This retracement 
coincides with clustered Fibonacci levels and prior intraday support, and the 
next possible move from here is the next leg higher within the larger Wave 2 
structure. Now that the B wave is likely in place, the attention is towards 
the anticipated C wave push. CasiTrades identifies the golden retracement near 
$2.26 as the primary upside target, with a possible extension into the $2.28 
region where the golden pocket and the 1.236 extension converge. The chart 
highlights this zone as a dense resistance area, reinforced by prior reaction 
highs and overlapping Fibonacci projections. This C wave is expected to 
subdivide into five smaller waves. If this plays out as expected, XRP’s price 
action should feel bullish through its clean subwave development. However, the 
way price behaves as it approaches and reacts to the $2.26 to $2.28 band will 
be critical for confirming the broader outlook and if a correction is next. 
XRP Price Chart. Source: @CasiTrades on X A Post-C Rejection Could Drag XRP To 
$1.65 The current focus is on a possible push higher, but there&#8217;s still a 
downside risk after the C wave is complete. The analyst expects a rejection 
that could become the beginning of a larger Wave 3 move to the downside after 
XRP reaches the projected levels around $2.26 to $2.28. Related Reading: 
Ethereum Staking Hits Record Levels As Buterin Urges Builders To Deliver Real 
Apps If that rejection materializes cleanly, XRP could begin a sustained move 
lower, with the macro support region around $1.65 coming back into focus. 
Confirmation of this bearish path, however, depends on how the C subwaves form 
and whether price delivers a decisive rejection. Featured image from Unsplash, 
chart from TradingView

XRP Wave C Push On The Way: What Could Send Price Below $2?

Bitcoin’s recent price rebound aligns with historical bear market rally 
behavior, according to a new insights report published by Cryptoquant and its 
analysts at cryptoquant.com. Cryptoquant Says Bitcoin Demand Has Not Recovered 
Materially This week, Cryptoquant researchers note that bitcoin has climbed 
roughly 21% since Nov. 21, following a 19% decline that confirmed a bear […]

Cryptoquant: Bitcoin Demand Conditions Improve Slightly, Bear Market Still Intact

Coinbase CEO Brian Armstrong said the industry is working on several ideas to 
help community banks in the CLARITY market structure bill.

Cryptocurrency price in IDR