$446.9 billion ETH is clearly having a moment. It is up 100% in the past three months 💪
But one technical analyst says that even though its fundamentals aren’t strong, XRP is getting ready for an even bigger run — despite just hitting all-time highs 📈🚀
Why? 🤔
For starters, it is setting up for a key breakout this weekly close above $3.40. PLUS — its MACD recently flipped towards a bullish setup 🐂
But that’s not all — XRP has reawakened the same animal spirits after passage of the GENIUS Act that caused it to surge from 50 cents to $3.30 before Trump’s inauguration 🐅
In contrast, ETH is going to face challenges pushing through $4,000, which it has failed to do on three successive occasions … 🧱
BUT … this may not be the end of the story
XRP still faces many challenges, including: - Its purpose in a world where Ripple is also promoting a stablecoins - Lack of usage for the 13-year-old blockchain
Read the full story, including the outlook for other alts, DeFi tokens, and more from @steven_ehrlich
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