Ripple’s CTO feels ‘nice’ about Ethereum’s $3K breakout, while XRP’s price…
2025-07-16 06:05:43
Main Idea
Ripple’s CTO David Schwartz praised Ethereum’s price rally above $3,000, while XRP remains a strong contender with rising investor confidence despite a recent dip.
Key Points
1. Ripple’s CTO David Schwartz celebrated Ethereum’s breakout above $3,000, calling it 'nice' to see ETH at that level again.
2. XRP’s price dipped 2.58% to $2.91, but its technical indicators, including RSI above the neutral line, suggest bullish strength despite potential short-term pullback.
3. Investor confidence in XRP remains high, with rising funding rates and a steady XRP/ETH rebound indicating strategic and speculative interest.
4. Ethereum’s momentum has drawn significant attention, with some analysts suggesting it may break free from Bitcoin’s influence.
5. The crypto market shows mixed signals for XRP and ETH, with XRP’s technicals flashing green but potential for further correction.
Description
Ethereum’s momentum has dominated headlines, but XRP’s steady technical foundation may have other plans.
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