Ethereum (ETH) Beats XRP, Bitcoin and Others: Unbreakable Trend?
Main Idea
Ethereum (ETH) shows strong upward momentum, surpassing XRP and Bitcoin, with potential to reach higher price levels if it maintains key support.
Key Points
1. ETH surged toward $3,800, supported by bullish technical indicators like the 200 EMA and 50 EMA.
2. If ETH stays above $3,500, it may face little resistance until reaching $4,000 or higher.
3. Smart money appears to be accumulating ETH, with large transfers from centralized exchanges.
4. The rally is driven by strong market momentum and a lack of immediate macro or regulatory pressure on ETH.
5. Other cryptocurrencies like XRP and SHIB face challenges, with XRP logging its worst daily drop since April.
Description
Ethereum stronger than almost anything out there on market
$XRP
$3.1419
+2.42%
$BTC
$117518.4
+1.82%
$ETH
$3735.13
+3.90%
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