Cryptocurrency Markets Surge as XRP, Chainlink, and Ethereum Lead the Rally

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.