Ethereum (ETH) Beats XRP, Bitcoin and Others: Unbreakable Trend?

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.