Crypto Markets Stalled as Chainlink and Ripple Face Resistance

Chainlink's price has stalled near $9.56 as it faces resistance following a recent 14% gain. The cryptocurrency's momentum may be losing steam, indicated by weakening derivatives metrics.

However, renewed demand from institutional investors could push Chainlink higher.

Ripple (XRP) is trading below $1.000 and remains capped by a descending trendline resistance around $1.0745, suggesting topside exhaustion.

BTC has rebounded but remains below its 50-day Exponential Moving Average (EMA) at $64,349 and the 200-day EMA near $72,860.68.