Crypto Analyst Sees Strong Upside for ETH, SOL & XRP
- 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.
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Crypto Analyst Sees Strong Upside for ETH, SOL & XRP
- 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 More