Bullish Sentiment Rises for ETH, ADA, XRP After Market Flush

• If ETH crosses the $2,500 resistance, it could rise above $2,700.
• ADA’s support at $0.55 could be the catalyst that leads to a rise beyond $0.60.
• Should XRP bulls breach $0.62, the price might have a clear path to $0.65.

According to crypto analysis tool Santiment, traders are bullish on the trio of Ethereum (ETH), Ripple (XRP), and Cardano (ADA). The post also noted that ETH, in particular, was the major beneficiary of this perception because of its earlier rise to $2,700.

To arrive at this conclusion, Santiment employed the Weighted Sentiment on-chain metric. The Weighted Sentiment considers the unique social volume to determine if the average comment about a cryptocurrency is positive or otherwise.

When the metric is negative, it means traders are bullish. But when it is positive, it suggests bullish sentiment, like it was with ETH, ADA, and XRP.

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