Ethereum Faces XRP Head-to-Head, Despite Recent Stalls
Ethereum (ETH) is predicted to outpace XRP in the current bull cycle, potentially reaching new highs, according to CredibullCrypto. Despite a lack of significant rallies in this bull run, the analyst highlights potential for significant upside momentum for Ethereum.
XRP Price Projections Hint at 50% Potential Dump
Ripple’s XRP has seen a 5.83% drop in the last 24 hours, currently trading at $2.23. Analysts warn of a potential 50% pullback towards $1.50, citing weakening technical indicators and a breakdown of crucial support levels. This volatility may offer opportunities for investors in other crypto projects, like Mutuum Finance (MUTM), which is currently in phase 4 of its presale.
Cardano (ADA) Downtrend Persists: Rebound Possible, But Uncertain
Cardano’s price has shown brief recovery attempts above $0.680, but has failed to sustain these gains. Currently consolidating near $0.650, ADA remains vulnerable to further losses. Technical indicators, including the hourly MACD and RSI, point to bearish pressure. The price needs to clear the $0.70 resistance level to spark a strong uptrend.
Ethereum Price Recovery Stalled: Staying Below $2,000
Ethereum’s (ETH) price recovery efforts have faltered, staying below the crucial $1,880 resistance zone. Despite initial gains, the bears have regained control, and the price continues to trade below critical support levels and the 100-hour simple moving average. A breakdown below key support levels could trigger further downward pressure.
EY Upgrades Nightfall for Private Ethereum Transactions
EY’s upgrade to Nightfall introduces zero-knowledge technology, enhancing privacy for Ethereum transactions while streamlining the architecture and achieving near-instant finality without waiting periods.
