Crypto prices continued to test important support and resistance levels on July 23 as the market looked for its next direction. Worldcoin (WLD), XRP and Ethena (ENA) each traded near technical zones that could shape whether buyers regain momentum or sellers force further declines before the end of the session.

The three assets showed different technical profiles. XRP continued to display broad strength across several momentum indicators. Worldcoin remained in a balanced position, with mixed signals and no clear breakout. Ethena still favored buyers, although some readings suggested its recent rally had become stretched.

For intraday traders, the focus remained on whether support and resistance levels could hold on shorter time frames. RSI, MACD, ADX and ROC readings helped show whether momentum was strengthening, weakening or becoming extended, but the key levels still needed confirmation through price action.

Worldcoin Trades Near Key Support as Buyers Defend $0.37

Worldcoin pulled back after reaching around $0.40 yesterday. WLD was trading close to $0.38, keeping the token just above an important support area near $0.37.

That support level may determine how the rest of the session develops. If buyers successfully defend it, Worldcoin could remain in a narrow range between $0.376 and $0.384 for several hours.

A failure to hold above $0.376 would expose WLD to another move lower toward $0.370 before the day ends. Renewed buying above $0.384 could open the way for another move toward $0.391.

The Worldcoin chart showed buyers and sellers closely matched, with price action still lacking a strong breakout in either direction. Broader sentiment around Worldcoin was described as highly speculative and heavily divided, with the token trading around $0.42 in the referenced context and market sentiment characterized as mixed-to-bearish. Its longer-term success was framed as dependent on how it addresses major technological, regulatory and financial hurdles.

Worldcoin Technical Outlook for Today

Several technical indicators explain why Worldcoin remained confined to a relatively tight range.

RSI at 50.014 indicated balanced market conditions, with no strong buying or selling pressure.

MACD at -0.001 produced a mild sell signal after bullish momentum faded.

ADX at 17.746 showed that the current trend lacked strength.

ROC at 6.906 still pointed to improving short-term momentum.

Together, those readings suggested that bullish momentum had weakened, although buyers had not fully lost control. Price action may continue sideways unless a stronger catalyst emerges.

Bullish scenario: A move above $0.384 could send WLD toward $0.391.

Neutral scenario: WLD remains between $0.376 and $0.384 through most of the session.

Bearish scenario: A break below $0.376 could push Worldcoin toward $0.370.

XRP Holds Above Critical Support After Recent Recovery

XRP traded around $1.13 and continued to defend support close to $1.129. That level has become one of the most important price zones for Ripple during the session.

Continued buying above this area could keep XRP moving between $1.13 and $1.14 during the day.

A loss of the $1.129 support would expose Ripple to another decline toward $1.11. Fresh buying above $1.142 could allow XRP to extend gains toward $1.157 before the session closes.

The XRP chart showed that buyers still maintained control despite recent price fluctuations. In the broader outlook cited by the source, most analysts and AI models were described as projecting XRP to trade between $2.50 and $5.00 by the end of 2026, while a more conservative consensus was described as clustering around $1.50 to $2.50, depending on market liquidity and ETF momentum.

XRP Technical Outlook for Today

The technical indicators leaned heavily toward the bullish side.

RSI at 56.931 showed that buyers still controlled momentum.

MACD at 0.012 continued to support additional upside.

ADX at 42.707 confirmed that the current trend remained strong.

ROC at 4.274 pointed to healthy upward price momentum.

Those indicators gave XRP one of the strongest technical setups among the three cryptocurrencies reviewed. Buyers still held the advantage as long as XRP remained above its nearby support.

Bullish scenario: A break above $1.142 could lift XRP toward $1.157.

Neutral scenario: Ripple trades between $1.13 and $1.14 for most of the day.

Bearish scenario: A loss of $1.129 support could send XRP down to around $1.11.

Ethena Holds Strong Momentum Near Recent Highs

Ethena traded between $0.089 and $0.092 during the past three 4-hour trading sessions. ENA continued to hold near the upper end of that range despite several attempts by sellers to push prices lower.

Limited buying activity could keep ENA moving between those levels during the rest of the session.

Selling pressure below $0.089 could send Ethena toward $0.0879. Strong buying above $0.0922 could allow ENA to climb toward $0.094 before the end of the session.

The ENA chart showed that buyers still controlled the broader trend, even though the token was trading near an area where profit-taking often appears. Ethena’s protocol context also matters for readers tracking the asset: unlike stablecoins such as USDC and USDT, USDe does not rely on centralized institutions to back reserves. Instead, USDe uses the cash-and-carry trade to maintain its value with the U.S. dollar.

Ethena Technical Outlook for Today

The technical indicators remained strongly bullish, although one reading also suggested the recent rally had become extended.

RSI at 71.377 showed strong buying pressure, while also placing the market in overbought territory.

MACD at 0.002 continued to support the current upward move.

ADX at 60.295 confirmed a very strong trend.

ROC at 15.132 showed that powerful upward momentum remained intact.

Those readings continued to favor buyers. At the same time, high RSI levels indicate that brief pullbacks can occur after strong rallies before a broader trend resumes.

Bullish scenario: A move above $0.0922 could lift ENA toward $0.094.

Neutral scenario: Ethena continues trading between $0.089 and $0.092.

Bearish scenario: A break below $0.089 could pull ENA down to around $0.0879.