Ethereum and XRP Turn Bearish as Week Closes: Price Levels to Watch

Ethereum (ETH) and XRP are showing bearish trends heading into the weekend, according to CoinStats data. ETH has slipped nearly 1% in the last 24 hours, now trading at $1,794. On the hourly chart, ETH is testing local support at $1,796. A close below this level may push the price down to $1,780. The short-lived recovery after a false breakout near $1,754 suggests that sellers remain in control. If bearish momentum continues and ETH falls below $1,754, a deeper correction toward the $1,600 mark could follow.

XRP also reflects weakness, dropping 2% in a day and 3.95% over the past week. Trading at $2.09, XRP is nearing a key support level. If the daily candle closes below $2.10, a move toward $2.00 appears likely. The hourly chart also supports this bearish outlook, with momentum fading after a recent bullish push. On the weekly chart, if XRP breaks below the $1.90 level, further declines to the $1.70–$1.80 range may occur.

Market sentiment for both ETH and XRP leans bearish, with bulls struggling to reclaim control. Traders should watch these critical support levels closely as further breakdowns may signal deeper corrections ahead.