- Technical Overview of Altcoins: Ethereum and XRP Recovery: Ethereum's price remains above $2000 with buyers strengthening their control, supported by improved sentiment in the overall cryptocurrency market. The MACD indicator remains stable above the signal line on the daily chart, while the green histogram bars are expanding, confirming a potential bullish reversal. The RSI( has crossed above the neutral level of 51 on the same chart, supporting positive short-term outlooks for Ethereum. Meanwhile, initial resistance is around the highest level recorded on Friday at $2093, followed by stronger resistance at the 50-day Exponential Moving Average (EMA) at $2234. A daily close above this EMA resistance is needed to weaken the downtrend and open the way toward the 100-day EMA at $2567. On the downside, immediate support is at $2000, protecting the key support level at $1930, which coincides with the lowest price recorded on Monday. A break below $1930 could reveal a demand zone at $1800 and reintroduce strong selling pressure within the prevailing downtrend. Daily chart of ETH/USDT As for XRP, its price has risen slightly above $1.41 amid a general recovery in cryptocurrency prices. Key momentum indicators, including the MACD and RSI), confirm the short-term positive outlook for this digital asset. The MACD remains stable above the signal line on the daily chart, with expanding green histogram bars, encouraging traders to increase risk and raise their positions. Furthermore, the RSI( on the same chart is approaching the midline of 50, reinforcing bullish momentum. Daily chart of XRP/USDT Despite the positive short-term outlook, initial resistance appears around the highest level recorded on Thursday at $1.45. A daily close above this level would open the way toward the 50-day EMA at $1.53. On the downside, immediate support is at $1.36, the most recent low, followed by the weekly low at $1.33. A break below this level could lead to further declines toward the $1.25 zone.

- Oil prices declined after Trump’s statement that a war with Iran could end "very soon." Trump said on Monday that the war with Iran, which involved Gulf countries in response to attacks by the Islamic Republic, could end "very soon." Despite his optimism that the United States has "already achieved many victories," the president added that he is not declaring the mission over. Despite ongoing American and Israeli strikes on Iran, the Islamic Republic has confirmed it will continue fighting, according to The Guardian. The Iranian Revolutionary Guard also continued to block ships passing through the Strait of Hormuz, exacerbating the oil crisis. Meanwhile, oil prices fell from a high of $114 per barrel on Monday to $83, and stabilized around $89 at the time of writing this report. Risk assets, including cryptocurrencies, may continue to gain if sentiment improves and oil prices remain at low levels, reducing the risk of rising inflation. Brent crude oil price chart - Return of funds to Bitcoin ETFs while Ethereum and XRP see outflows. Bitcoin ETFs started the week positively, recording $167 million in inflows on Monday. This renewed institutional interest marks a break from a two-day streak of outflows, according to SoSoValue data. Total inflows reached $55.54 billion, with net assets at $88.34 billion. Bitcoin ETF inflows | Source: SoSoValue On the other hand, Ethereum spot ETFs continued their third consecutive day of withdrawals, with investors pulling approximately $51 million on Monday. Interest in these funds remains volatile amid decreasing cumulative inflows, which totaled $11.58 billion. The total assets under management stand at $11.53 billion. Ethereum ETF inflows | Source: SoSoValue XRP ETFs also saw outflows, with withdrawals rising to $18 million on Monday, up from nearly $17 million on Friday. Total inflows amounted to $1.22 billion, with net assets at $971.36 million. Price volatility, macroeconomic uncertainty, and geopolitical tensions are among the factors driving risk aversion toward XRP. XRP ETF inflows | Source: SoSoValue

🔥 HUGE: Goldman Sachs is now the largest holder of $XRP ETFs with $153.8M in holdings. #GateFebruaryTransparencyReport #CryptoMarketBouncesBack #GateBlueLobsters