XRP Price Struggles Near $2.0—Breakout Blocked or Pullback Ahead?

In a recent interview, popular crypto analyst ElliotTrades shared his views on how investors should think about building a crypto portfolio today, with a long-term view toward 2026. 

According to ElliotTrades, anyone investing $10,000 in crypto should start with Bitcoin. He said around $6,000 to $7,000 should be allocated to Bitcoin and Bitcoin-linked assets for safety.

He described Bitcoin as the “blue-chip” of crypto. Along with holding BTC directly, he also favors exposure through companies that move closely with Bitcoin’s price, such as MicroStrategy and Coinbase stock.

Recent negative news around MicroStrategy selling Bitcoin did not push prices lower. He said this was a strong signal that much of the selling pressure may already be over. Trading volume in MicroStrategy stock has also picked up, suggesting renewed interest.

Ethereum Looks Undervalued as Tokenization Grows

ElliotTrades says Ethereum is entering a very important phase. He pointed to comments from U.S. regulators hinting that traditional markets may move on-chain over the next few years.

At present, tokenized stocks on blockchain are worth roughly $670 million, while global stock markets are worth around $67 trillion.

He expects Ethereum to be the main network for this shift. Even a small increase in tokenized assets could have a meaningful impact on ETH’s price. For this reason, he advised allocating around $2,000 to Ethereum and Ethereum-related infrastructure plays.

Why Altcoins Could Offer Big Upside in 2026

When it comes to altcoins, ElliotTrades said prices are currently depressed, but that also means risk-reward is improving. He believes “a little goes a long way” at these levels.

However, he warned that altcoins may not move immediately. In his view, Ethereum could lead first, with altcoins following later once risk appetite increases. This means investors do not need to rush but should start researching early.

He also stressed watching the altcoin-to-Bitcoin ratio. When smaller coins begin to outperform Bitcoin, it often signals a broader altcoin rally.

DeFi Altcoins and Revenue-Generating Tokens

ElliotTrades showed strong interest in DeFi altcoins, especially protocols that generate real trading fees. He explained that owning parts of decentralized exchanges can give investors regular income instead of relying only on price appreciation.

Unlike meme coins or hype-driven tokens, these DeFi models distribute actual fees earned by the protocol. This creates what he called “speculative cash flow,” which can help investors manage emotions and avoid panic selling.

Bitcoin slipped below $90,000 on Friday as Asian markets started the final full trading week of 2025 on a weaker footing, with growing doubts over technology earnings weighing on risk appetite across equities and crypto alike.

Equity futures pointed to losses for Australian, Hong Kong and Japanese benchmarks in early trading after US stocks slumped on Friday.

A downbeat sales outlook from Broadcom rattled confidence in the artificial intelligence trade and pushed the S&P 500 lower by about 1%, reinforcing concerns that heavy AI spending may not translate into profits as quickly as investors once expected.Market snapshot

• Bitcoin: $89,293, down 1.1%
• Ether: $3,111, down 0.3%
• XRP: $2.00, down 1.4%
• Total crypto market cap: $3.13 trillion, down 0.9%

Tech Valuation Fears Weigh On Global Sentiment As Asia Faces Added Pressure

Global risk sentiment has been fading as traders question whether tech stocks, which have climbed roughly 300% since the current bull market began three years ago and driven global indices to record highs, can continue to justify rich valuations and aggressive AI budgets.

Asian markets, which have outperformed global peers this year, look especially exposed given the region’s dependence on manufacturing the chips and hardware that power the technology boom.

MSCI’s broad gauge of Asia Pacific equities outside Japan fell about 1%, with South Korea, often seen as a bellwether for AI exuberance, dropping more than 2% in Monday trade.

Equity index futures for major US benchmarks shifted between small gains and losses in Asian hours, after Wall Street ended Friday with technology shares leading the retreat. The choppy tone in futures trading reflected uncertainty over how much more earnings downgrades could pressure high-multiple growth names into year-end.Softer Dollar And Rate Cut Bets Offer Support, But Crypto Eyes Tech Led Risk Swings

President Donald Trump added another layer to the macro discussion, saying the new Federal Reserve chair will want interest rates to fall. The dollar recorded its longest run of weekly losses since August last week as markets firmed up bets on two Fed rate cuts in 2026, one more than the central bank itself is currently signalling.

For crypto traders, that mix of softer dollar momentum and growing expectations of future rate cuts would usually be a tailwind, but the immediate focus has shifted back to equity volatility and the durability of the AI trade.

With tech now central to both stock indices and digital asset narratives, any wobble in earnings can spill quickly across risk markets.

The UK Treasury is drafting rules to bring crypto under the FCA supervision, starting in 2027. Digital assets will be regulated similar to other financial products under the legislation, the finance ministry said in a statement.

that Britain is moving to formally regulate crypto from October 2027.

The move would provide “clear rules of the road” and keep “dodgy actors” out of the market, said Chancellor Rachel Reeves. She added that the rules will hand “strong consumer protections.”

“Bringing crypto into the regulatory perimeter is a crucial step in securing the UK’s position as a world-leading financial centre in the digital age,” the Chancellor noted.

The European Union introduced a similar legislation (MiCA) one year ago, while the US is progressing with its own set of rules for crypto regulation.

Britain seeks to collaborate with the US to foster crypto regulation and innovation through the “”. The UK will introduce a draft bill into Parliament later today.Crypto Regulation Under FCA Supervision

The new set of rules would place crypto firms, including exchanges and digital wallets, under the purview of the Financial Conduct Authority (FCA).

This means the crypto services are regulated in the same way as other financial products, including by being subject to transparency standards, .

Lucy Rigby, the minister for the City of London, said that these new rules “will give firms the clarity and consistency they need to plan for the long term.”

Besides, recent data from the financial regulator shows around 12% of UK adults hold some form of cryptocurrency, a figure that has risen steadily in recent years.

As a result, the UK formally recognized Bitcoin and crypto assets as legal property under a new Act of Parliament. Under the law, digital assets can be owned, inherited, and recovered.Regulator, Bank to Finalize Own Rules by End 2026

Separately, the UK FCA is planning rules for trading and market abuse, custody and issuance. Additionally, the Bank of England last month unveiled its proposals for regulating stablecoins.

Both the BoE and the FCA have promised to finalize their rules by end-2026, the Reuters report added.

The crypto regulatory rulebook plans come at a time when crypto has suffered from market turbulence and several digital asset scams recently.

The amount of money lost to investment scams by UK crypto consumers has leapt 55% in a year, per .

Separately, ministers are also drawing up plans to ban crypto political donations, raising red flags about their unverifiable origin and ownership.

Strategy chair Michael Saylor has hinted at his firm’s next Bitcoin buy as the markets tanked again late on Sunday, with some observers blaming the Bank of Japan for the selling pressure. 

Bitcoin (BTC) fell to a two-week low of $87,600 on Coinbase in late trading on Sunday, according to TradingView. The quick Sunday wick down has become a common trait over the last few weeks. 

It is the lowest price the asset has seen since Dec. 2, when it was recovering from a fall to $84,000. It had recovered back over $89,000 at the time of writing, however. 

Saylor posts more “orange dots” indicating Bitcoin buy

Meanwhile, Michael Saylor hinted at another Bitcoin purchase, posting “Back to More Orange Dots” on X with the accompanying portfolio chart on Sunday. 

Strategy’s last Bitcoin buy, its largest since late July, was 10,624 BTC on Dec. 12, according to SaylorTracker. 

The firm currently holds 660,624 BTC worth around $58.5 billion at current prices. Strategy’s average cost per coin is $74,696, so the company is still up on its investments, for now. 

Ethereum price started a fresh decline below $3,120. ETH is now consolidating and might soon aim to start a recovery wave above $3,200.

• Ethereum started a downside correction from the $3,250 zone.
• The price is trading below $3,200 and the 100-hourly Simple Moving Average.
• There is a connecting bearish trend line forming with resistance at $3,175 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could continue to move down if it settles below the $3,050 zone.

Ethereum Price Dips Toward Support

Ethereum price failed to stay above $3,180 and started a fresh decline, like Bitcoin. ETH price dipped below $3,150 and $3,120 to enter a short-term bearish zone.

The bears even pushed the price toward $3,000. A low was formed at $3,026 and the price is now attempting to recover some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $3,273 swing high to the $3,026 low.

Ethereum price is now trading below $3,200 and the 100-hourly Simple Moving Average. Besides, there is a connecting bearish trend line forming with resistance at $3,175 on the hourly chart of ETH/USD.

If there is another upward move, the price could face resistance near the $3,150 level or the 50% Fib retracement level of the downward move from the $3,273 swing high to the $3,026 low. The next key resistance is near the $3,180 level and the trend line.

The first major resistance is near the $3,200 level. A clear move above the $3,200 resistance might send the price toward the $3,250 resistance. An upside break above the $3,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,320 resistance zone or even $3,400 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $3,200 resistance, it could start a fresh decline. Initial support on the downside is near the $3,080 level. The first major support sits near the $3,050 zone.

A clear move below the $3,050 support might push the price toward the $3,020 support. Any more losses might send the price toward the $3,000 region. The next key support sits at $2,940.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Major Support Level – $3,080

Major Resistance Level – $3,200

Bitcoin price corrected gains and traded below the $90,000 support zone. BTC is now rising and might struggle to clear the $90,500 zone.

• Bitcoin started a downside correction from the $92,500 zone.
• The price is trading below $90,000 and the 100 hourly Simple moving average.
• There is a bearish trend line forming with resistance at $90,650 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair might continue to move up if it settles above the $90,500 zone.

Bitcoin Price Aims Fresh Increase

Bitcoin price failed to gain strength for a move above the $92,000 and $92,500 levels. BTC started a downside correction and traded below the $90,500 support.

The price even spiked below the $88,000 support. However, the bulls were active near the $87,500 zone. A low was formed at $87,582 and the price is moving higher. There was a break above the 23.6% Fib retracement level of the downward move from the $93,561 swing high to the $87,582 low.

Bitcoin is now trading below $90,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $90,000 level. The first key resistance is near the $90,500 level. There is also a bearish trend line forming with resistance at $90,650 on the hourly chart of the BTC/USD pair.

The next resistance could be $92,000. A close above the $92,000 resistance might send the price further higher. In the stated case, the price could rise and test the $92,500 resistance. Any more gains might send the price toward the $93,200 level. The next barrier for the bulls could be $94,000 and $94,500.

Another Decline In BTC?

If Bitcoin fails to rise above the $90,500 resistance zone, it could start another decline. Immediate support is near the $88,550 level. The first major support is near the $88,000 level.

The next support is now near the $87,500 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,000, below which BTC might accelerate lower in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $88,550, followed by $88,000.

Major Resistance Levels – $90,000 and $90,500.