Cryptocurrency Markets Surge as XRP, Chainlink, and Ethereum Lead the Rally
Main Idea
Cryptocurrency markets are experiencing a surge, with XRP, Chainlink, and Ethereum leading the gains due to reduced selling pressure, whale accumulation, and significant ETF inflows.
Key Points
1. XRP saw a 93% reduction in selling pressure, approaching a key resistance level at $3.37, with potential to rise to $3.62–$3.83 or even $4.00 if support holds.
2. Chainlink surpassed $20, supported by whale accumulation of 1.6 million LINK, with potential targets at $22 and $28 if $20 becomes a new support level.
3. Ethereum recorded $1.846 billion in spot ETF inflows in a week, driving it toward the $4,000 mark, with BlackRock leading the fund influx.
4. Bitcoin's market share decline indicates a shift in market dynamics, with altcoins gaining momentum.
5. Technical indicators suggest XRP and Chainlink are primed for short-term breakouts, while Ethereum's RSI approaches overbought zones.
Description
XRP, Chainlink, and Ethereum lead the current cryptocurrency market rally. Institutional investment in Ethereum drives significant upward momentum. Continue Reading: Cryptocurrency Markets Surge as XRP, Chainlink, and Ethereum Lead the Rally The post Cryptocurrency Markets Surge as XRP, Chainlink, and Ethereum Lead the Rally appeared first on COINTURK NEWS .
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