XRP, LINK, HBAR, TEL, TIA Face Critical Support Tests Amid Bearish Pressure

Five key altcoins are currently at critical junctures as the broader crypto market consolidates. XRP, Chainlink (LINK), Hedera (HBAR), Telcoin (TEL), and Celestia (TIA) are all testing significant support levels or facing immediate resistance. The technical setups of these altcoins suggest potential upcoming volatility, with each asset's chart patterns hinting at possible price movements.

XRP has corrected sharply after breaking down from a rising wedge pattern near $2.47. The price is currently around $2.17, operating below the previous $2.30 support level, which now acts as overhead resistance. While major Exponential Moving Averages (EMAs) trend downward and the Moving Average Convergence Divergence (MACD) indicator remains bearish, the Relative Strength Index (RSI) has plunged to a reading near 20.85. Such deeply oversold RSI levels sometimes suggest that selling pressure may be nearing exhaustion, potentially setting the stage for price stabilization or a relief bounce. XRP is now testing its next significant demand zone between $2.10–$2.15. Holding this area will be crucial for potentially negating further immediate downside. If this zone fails to attract buyers, the focus could shift down towards the well-established long-term support level near $1.95.

Chainlink (LINK) recently fell below a rising wedge pattern visible on its 4-hour chart, a formation that often signals bearish continuation. Following rejection near $15.99, the price now struggles to reclaim the $15 level. LINK also trades below its major moving averages, with the 200-period EMA around $15.35 acting as significant overhead resistance. A recent bearish crossover of the 20 EMA below the 50 EMA further underscores the weakening short-term trend. While the RSI reads low near 33, potentially allowing for a relief bounce, no clear bullish divergence supports that outcome yet. Consequently, if LINK loses the key support area between $13.50–$13.80, a deeper correction toward $12.70 becomes more likely.

Hedera (HBAR) is currently testing crucial support levels after facing repeated rejection near the $0.195–$0.20 resistance zone. Trading below major EMAs and having broken a recent ascending trendline, HBAR displays technical signs suggesting potential trend exhaustion. Its RSI has dipped to around 36, nearing traditionally oversold conditions. The MACD indicator shows a bearish crossover with a negative histogram. Failure to hold the immediate $0.181 support could lead HBAR down towards the $0.170–$0.175 range. A recovery requiring buyers to push the price back above $0.195 is needed to re-establish a clear bullish footing.

Telcoin (TEL) has slipped into a critical demand zone identified between $0.0051–$0.0052 following a failed attempt to break out above resistance near $0.0063. The 4-hour RSI now shows a deeply oversold reading of 24. Although such extreme readings sometimes precede price bounces, this primarily confirms intense recent selling pressure. All key EMAs remain aligned bearishly above the price, reinforcing the negative trend. The MACD indicator also supports this bearish short-term outlook. A sustained price close below the current $0.0051 demand zone could open the path towards lower supports near $0.0047–$0.0048. Bulls need to reclaim the $0.0056 level to challenge the immediate downtrend.

Celestia (TIA) recently broke below a key rising trendline that had acted as support. This breakdown occurred after the price failed to hold gains above the $3.80 resistance area. Trading near $3.44, TIA now approaches the lower edge of an important demand zone ($3.28–$3.30). Its RSI reads just under 40 and continues to trend lower, possibly showing bearish divergence. Widening Bollinger Bands also point to increasing volatility. The MACD further reinforces the bearish sentiment. Unless TIA finds solid buying support within the current zone soon, further downside price action appears probable.

These five altcoins all currently exhibit bearish technical pressure across multiple indicators. Each faces crucial tests of nearby support levels following recent price declines. However, the deeply oversold RSI readings on some charts (like TEL and XRP) sometimes precede short-term relief rallies. Until key overhead resistance levels are convincingly reclaimed on increased trading volume, analysts generally advise caution regarding sustained bullish reversals. The next few trading sessions therefore appear pivotal for determining whether these assets can stabilize or if they extend their current downtrends toward deeper support zones.