The cryptocurrency market continues to gain strength, with Ethereum and XRP in focus. These assets show significant growth and positive dynamics.
Ethereum at Peak Popularity
Ethereum (ETH) has significantly risen in price, showing an increase of over 57% in the last month. Currently, ETH is trading above the $2,500 mark — its highest level in months.
Situation Around XRP
XRP has also posted a 14% monthly gain, currently trading around $2.54. A strong bullish structure is visible on the charts. XRP is forming a classic bullish 'Adam and Eve' pattern, signaling potential major bullish reversals.
Outlook for the Near Future
Traders should keep an eye on the $2.65 resistance zone. A breakout with strong volume and a successful retest of the level may confirm the 'Adam and Eve' pattern. If this scenario plays out, XRP could rally towards the $3.60–$3.70 region in the coming weeks.
The current technical indicators favor the growth of XRP and Ethereum. Both cryptocurrencies are at a crucial stage in their development, which may lead to significant changes in the near future.
