XRP price action shows a confirmed Ideal Bearish Ichimoku Breakout on the daily chart. However, bears failed to follow through, which may be due to some stubborn bullish pressure preventing a move lower. As a result, bullish conviction is now being tested, and so far, it appears to be waning.
Ethereum price action is now at the most bearish since December 13, 2021. If bears confirm the current breakout, sub $2,000 price levels are imminent. Ethereum price confirmed and Ideal Bearish Ichimoku Breakout on Friday with a close below the Ichimoku Cloud.
Bitcoin price continues to show very bearish signals that downside pressure is likely to continue. However, early warning signs of a bullish reversal continue to play out despite the current bearish technicals. Bitcoin price confirmed and Ideal Bearish Ichimoku Breakout on Saturday.
