Bitcoin, XRP, and Chainlink are under pressure as they face a lot of stronger resistance and barriers. There is a significant pullback occurring in the market.

Key assets are finding it difficult to maintain their rally as selling is rising. It examines the zones that may affect the price movement of the currency soon.

Key-Takeaways:

• Strong resistance and pullbacks are encountered by Bitcoin, XRP, and Chainlink. Bitcoin did not move above $105,900, XRP seems to be forming a bearish head and shoulders pattern at less than $2.30, and after being rejected, Chainlink decreased and found support at $10.
• Pay close attention to the price of Bitcoin reaching $103,400 and $101,300, XRP reaching $2.30 and $2.00, and Chainlink reaching $14.80 and $15.00. The current rise in sales and the unpredictable condition of global markets could cause risk to rise, making it necessary for traders to pay extra attention.

Bitcoin Failed to Break Through the $105,900 Resistance

Bitcoin, XRP, and Chainlink are under pressure this morning, as the biggest drop was in Bitcoin following its rejected attempt at $105,900. The barrier at this price has not fallen in the past.

After undergoing a few breakdowns, Bitcoin has managed to move past $103,800. Many denials like this hint that the bulls are beginning to weaken.

Per Ali Martinez’s analysis, Bitcoin should defend its position over $103,400 and $101,300. The drop in these levels might cause an even stronger correction.

The price patterns point to increased chances of Bitcoin, XRP, and Chainlink being under pressure. If support does not hold up, it could further upset the global market for a short while.

There is more selling happening than buying. Short-term traders are now reconsidering their positions after the market turned down again.

Head and Shoulders Pattern in XRP Shows Risk of Correction

Bitcoin, XRP, and Chainlink under pressure are experiencing tough moments and XRP is the most concerning based on its charts. This stock has built a common Head and Shoulders pattern which is often interpreted as a sign for the price to fall.

It is formed as XRP currently tests the area of support above $2.30. Both traders and investors are becoming more conservative. A failed pattern may lead to a decline in XRP. Following this drop, the market could fall to the $2.00 psychological level.

$XRP could return to $2 if it loses the critical $2.30 support! pic.twitter.com/s6ozUyGYRC

— Ali (@ali_charts) May 18, 2025

Currently, Bitcoin, XRP, and Chainlink under pressure appear to have strongly affected the organization of the XRP market. The asset is encountering troubles in maintaining the positive trend it had in the beginning of this year.

Should the price fall beneath the support of $2.30, it could trigger a rise in sales. It could force trades and make other traders more pessimistic.

Many traders are monitoring the patterns of volume. They try to find evidence of a dysfunction in the system.

Chainlink’s Rally Failed, Indicating a Potential $10 Price

It is evident from Chainlink’s recent results with Bitcoin, XRP, and Chainlink under pressure on the altcoin market. LINK was met with resistance at the $18 mark after investors had been steadily purchasing it for weeks.

It could not continue to rise above that point. The value of Chainlink has lessened by over 16% since then. The decline in sentiment indicates that the market is losing its strength. People are losing interest in purchasing at a rapid pace.

For Chainlink, not being able to go over $18 resistance is a real cause for concern. It is still close to its 200-day Simple Moving Average which is $17.79.

With Bitcoin, XRP, and Chainlink under pressure, LINK has also dropped below its 200-day Exponential Moving Average at $16. It shows that the bullish pattern had failed.

The next possible target for analysts is the $10 level. Should the present support weaken, it may indicate a challenge to how LINK performs over time.

Since pressure on Bitcoin, XRP and Chainlink is helping to shape market opinion, traders should watch out for key price levels. These technical zones may shape the coming trend.

For Bitcoin to remain stable, it must stay above $103,400. If the price breaks down, the next support to watch may be $101,300.

Without defending $2.30, there is a possibility that XRP will fall toward the $2.00 level. If the price of Chainlink drops, slow support levels can be found at $14.80–$15.00 and it may fall as low as $13.20 and $10.

There are signs that Bitcoin, XRP and Chainlink under pressure might lead to increased volatility in the future. The uncertain global situation and macroeconomic trends are upsetting the movements in markets.

Sentiment is strongly affected by what central banks decide to do. They need to watch the movement of trading volume closely. When selling volume increases, it might show that the price will fall. If buying pressure happens at a support level, there could be a reversal trending.

Conclusion

At the moment, Bitcoin, XRP, and Chainlink are facing challenges at important levels, which is reflected by their drop. Currently, the market is seen as bearish since recent attempts to move higher were met with rejection and the structure has lost strength. They should keep an eye out for risks and monitor the key levels of support and resistance.