The official statement and signing of the crypto executive order by Donald Trump sparked a positive reaction in the cryptocurrency market, especially in the altcoin segment.
Ethereum (ETH)
ETH price saw a strong recovery after a week of decline. The trading volume reached $35.198 billion and the price rose by 4.79%. Its market cap is now $407.17 billion with a dominance of 11.28%. If the market favors the bulls, ETH price could surpass $3,700, while a bearish reversal might bring it down to $3,100.
Ethereum Classic (ETC)
ETC price increased by 6.67% in the last 24 hours, securing the 34th position with a market cap of $4.288 billion. The graph indicates a steady rise, and the price could reach $33.50 if bullish sentiment continues. In contrast, it might return to $22.50 in a bearish trend.
Ethereum Name Services (ENS)
ENS saw a 10.86% increase and featured among the day's top gainers. The trading volume was $257.747 million. RSI indicator shows increased buying pressure. A breakout above the symmetric triangle might lead the price towards $50, with support at $31.
The cryptocurrency market is witnessing active growth following Trump's statement. Altcoins like ETH, ETC, and ENS are demonstrating significant momentum, offering opportunities for further increase.
