XRP Charts Signal Caution to Bulls as Bitcoin Awaits Breakout and Ether Goes Bonkers

Key Points

1. XRP is below the $3.65 level, where a bearish 'tweezer top' pattern previously emerged, indicating potential for profit-taking.

2. XRP's Net Unrealized Profit/Loss (NUPL) is at elevated levels similar to those seen in 2021 and 2018, suggesting possible distribution and price correction.

3. Bitcoin's recent pullback may form a descending pattern, with potential for a breakout to record highs above $123,000 if it holds above key support levels.

4. Ether has rallied to over $4,200, with resistance levels at $4,400, $4,875, and $5,000, and support at $4,000, $3,941, and $3,737.

5. Key resistance and support levels for XRP, Bitcoin, and Ether are provided, highlighting critical price points for potential market movements.