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MainNewsCrypto Analy...

Crypto Analyst Sees Strong Upside for ETH, SOL & XRP


Jan, 30, 2025
< 1 min read
by Parth Dubey
for CoinEdition
Five Altcoins to Invest in Amid the Recent Market Crash
  • Ethereum (ETH) holds above $2,950 support as institutional interest remains strong.
  • Solana (SOL) faces resistance at $300 but sees high demand from memecoin activity.
  • XRP rebounds 7% to $3.15, signaling strong buyer interest after a recent market dip.

A crypto analyst has identified four altcoins with its potential to make consistent gains for its investors: Ethereum (ETH), Solana (SOL), XRP, and Clearpool (CPOOL). These cryptocurrencies, the analyst believes, can perform well as the market goes through an upturn. 

For example, Ether is currently underperforming in this bull run, trading 34% below its all-time high of $4,878 from November 2021, per CoinMarketCap data. During the recent dip, ETH barely held above $3,000, showing its current weakness.

However, institutional interest in the altcoin remains high, with the Trump-backed World Liberty Financial holding $201 million in ETH. The firm has also staked ETH using Lido Finance, holding $61.91 million in stETH as well. Ether has been trading above the $2,950 support, suggesting increased accumulation before the rally begins.

Related: Bitcoin & Altcoin Price Trends: What’s Next for XRP, ETH, SOL, and…

The post Crypto Analyst Sees Strong Upside for ETH, SOL & XRP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsCrypto Analy...

Crypto Analyst Sees Strong Upside for ETH, SOL & XRP


Jan, 30, 2025
< 1 min read
by Parth Dubey
for CoinEdition
Five Altcoins to Invest in Amid the Recent Market Crash
  • Ethereum (ETH) holds above $2,950 support as institutional interest remains strong.
  • Solana (SOL) faces resistance at $300 but sees high demand from memecoin activity.
  • XRP rebounds 7% to $3.15, signaling strong buyer interest after a recent market dip.

A crypto analyst has identified four altcoins with its potential to make consistent gains for its investors: Ethereum (ETH), Solana (SOL), XRP, and Clearpool (CPOOL). These cryptocurrencies, the analyst believes, can perform well as the market goes through an upturn. 

For example, Ether is currently underperforming in this bull run, trading 34% below its all-time high of $4,878 from November 2021, per CoinMarketCap data. During the recent dip, ETH barely held above $3,000, showing its current weakness.

However, institutional interest in the altcoin remains high, with the Trump-backed World Liberty Financial holding $201 million in ETH. The firm has also staked ETH using Lido Finance, holding $61.91 million in stETH as well. Ether has been trading above the $2,950 support, suggesting increased accumulation before the rally begins.

Related: Bitcoin & Altcoin Price Trends: What’s Next for XRP, ETH, SOL, and…

The post Crypto Analyst Sees Strong Upside for ETH, SOL & XRP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Reasons Why Ethereum Price Falling despite potential

Reasons Why Ethereum Price Falling despite potential

Second-largest market capitalization cryptocurrency Ethereum price has dipped below t...
Apr, 12, 2025
3 min read
by TheNewsCrypto
History Says Buy Altcoins, Headlines Say Wait? Market Narrates Two Stories

History Says Buy Altcoins, Headlines Say Wait? Market Narrates Two Stories

Now might be a good time to start accumulating altcoins, some traders are saying. Cry...
Apr, 11, 2025
< 1 min read
by CoinEdition