Crypto Technical Analysis: BTC, ETH Lead as Altcoins Face Mixed Signals

A detailed technical review of the top cryptocurrencies reveals that Bitcoin has surged above $87K despite imminent US trade tariffs and remains on the radar for a potential sharp rally fueled by long-term bullish sentiment and possible Fed policy shifts. Ethereum has shown signs of a rebound, hinting at a double-bottom pattern, but its recovery depends on maintaining support above the 20-day EMA. XRP, after a weak bounce from a key support level, faces bearish pressure with the risk of a head-and-shoulders pattern. Binance Coin’s (BNB) recovery appears stalled at moving averages, leaving it vulnerable to further selling pressure near key support levels. Solana (SOL) is squeezed between technical supports with potential for a short-term rally if it can break above its 20-day EMA, while Dogecoin (DOGE) continues to hover below its key moving average, indicating a delicate balance between buyers and sellers. Cardano (ADA) is struggling against bearish momentum near its moving averages, risking further decline if key support is breached. Toncoin (TON) managed a minor breakout above resistance, but a sustained move is needed for confirmation amidst ongoing pressure. Chainlink (LINK) is battling resistance near its 20-day EMA, with sellers eyeing a defensive support, and Unus Sed Leo (LEO) shows mixed momentum after bouncing from a triangle pattern. The report does not provide investment advice but underlines that while Bitcoin and Ethereum seem positioned for potential upward moves, several altcoins face technical challenges that could result in short-term volatility.