Ethereum

Solana

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-watch-post-etf-approval-ripple-xrp-ethereum-eth-and-solana-sol-set-to-fully-capitalize/">Top Altcoins To Watch Post ETF Approval: Ripple (XRP), Ethereum (ETH) And Solana (SOL) Set To Fully Capitalize</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Contrary to predictions that Bitcoin’s price would quickly exceed $48,000 and settle around $50,000 following SEC’s approval on spot ETF, the pump is yet to occur. Meanwhile, the altcoin market has seen a notable rise, with leading altcoins showing an average growth of 10%-20%. In addition, Ethereum (ETH) has surpassed its $2,500 resistance mark, reaching close to $2,700, with XRP and SOL prices set to capitalize on the current momentum.&nbsp;&nbsp;</p> 
<h2 class="wp-block-heading" id="h-bitcoin-s-recent-failure-induced-an-altcoin-pump">Bitcoin’s Recent Failure Induced An Altcoin Pump</h2> 
<p>Following the SEC’s decision on the <a href="https://coinpedia.org/news/breaking-spot-bitcoin-etf-trading-volume-has-crossed-3-billion/">spot ETF</a> application, which did not have the expected impact on BTC’s short-term targets, the altcoin market witnessed a surge in buying interest. ETH investors grew more confident about the possibility of a spot ETH ETF approval.&nbsp;</p> 
<p>Additionally, investors are looking forward to a potential XRP ETF, which may materialize in the coming years, given the ongoing SEC lawsuit against Ripple. Furthermore, the recent approval of a Bitcoin ETF is expected to inject billions of dollars into the market, significantly increasing the DeFi market cap and potentially leading to further gains in Solana’s price.&nbsp;&nbsp;</p> 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/iRRGT95av9G84h_uTbqK8lLJ089MuHIVqGv87GGUOreXla31nNlHummGSwfN4a9zE3W0ZaTk4XblN3WPtWlMyokLdJ7VdxClOVFzvJK9S6nJ3MC2pyv3lDUNA2RptUD4mR4fbKKJNJG0Jgf50DAV4T3KWIfAfLEDBsgNRsxFaGvtFkCG5VskikTyx1JcRw" alt="">
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<p>In the past few hours, the altcoin season index has seen a remarkable exponential increase, rising from a low of 56 to reach 67. It’s worth highlighting that should this metric exceed 75, it could signal the start of an altcoin season. In such a scenario, many investors may shift their focus to altcoins if Bitcoin fails to show any promising trends.</p> 
<h3 class="wp-block-heading" id="h-xrp-price-analysis">XRP Price Analysis</h3> 
<p>XRP is currently facing a decline following Bitcoin’s rejection at $49K. However, the downtrend might not intensify as the market holds bullish momentum. As of writing, XRP price trades at $0.598, surging over 6.7% from yesterday’s rate.</p> 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/gCMKXeunPPI7q0jDcUxhtYYC24JmayQasgxRTZdUES_qr-zRXGL5XYc5TVEBLVa_Wa3d-DMyQz7tZ7tI6MS5MMnr9VzaeGJ5Hc6_M8rms2H_WSOeXfWCYrdhXQ-knhilLnE8mR5-urAOU75vpuNjTfaOCSMf6mDZjYeMo4g05_RZ8g5z2I-XBIbC7_Fbxg" alt="">
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<p>Currently, the 100-day EMA is holding buying confidence and the RSI is trading below the overbought region, suggesting an advantage for the bulls. In the coming days, we might see a bullish attempt to break the crucial resistance at $0.66, pushing XRP’s price above $0.74.&nbsp;&nbsp;&nbsp;</p> 
<h3 class="wp-block-heading" id="h-ethereum-price-analysis">Ethereum Price Analysis</h3> 
<p>Ether <a href="https://coinpedia.org/news/eth-price-rally-time-for-ethereum-to-take-over-predicts-economist-alex-kruger/">experienced a significant surge</a> from its 20-day EMA, reflecting strong buying interest at lower prices. However, this upward momentum faced a rejection soon as the price reversed from $2,700, suggesting bearish dominance near that level. As of writing, ETH price trades at $2,585, surging over 6.1% from yesterday’s rate.</p> 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/2DpMTgQR9W1kF5DyKuK_H7azqIwo3Oj_rjzt_1HlUYFYTwU_OSoTn_LvjIlBao7htew-hEsKESsiRJ_SakOnkZqX-zNRflL_7gvJvF4KhGVYE_VveHbiVbwNAYo-UaioAUWx8l45w3UdY3bo9NZ9levlNsZVrwJUqjltuBQopveSeKpnhUq9K-amwRNd7Q" alt="">
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<p>Should the price remain stable above $2,500, it would signal a continuation of the upward trend. In this scenario, the ETH price may retest $2,700, followed by a potential climb to the significant $3,000 mark.</p> 
<h3 class="wp-block-heading" id="h-solana-price-analysis">Solana Price Analysis</h3> 
<p>Solana price is hovering within a descending channel pattern as it continues to struggle near the resistance line at $107. However, bulls are defending the SOL price above moving averages. Currently, Solana is trading at $99.3, surging over 4.9% from yesterday’s rate.</p> 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/tb8WyoSgWUCSMgNLyNLndcTdTwvBark_6lLGAOjlnxeXYJQF4uAmSQcjFtv3xn19bQ3y4KfagIuPMVqifXYihIIM9t8xZD3Lyjuz3P8hgpBxx9-7uHXRuNjGIzOdRtjGwqKfq3SaK6TWnKUeYbnEF-u3SeGkZC5mfwcju8tfc_DON_YyV2Eza4v5sSlHEw" alt="">
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<p>The EMA lines are showing a leveling trend, and the Relative Strength Index (RSI) is trading close to the midpoint. This reflects a state of equilibrium between the supply and demand. If SOL breaks the current momentum above the channel’s resistance line, we might see a surge toward $120.</p>

Top Altcoins To Watch Post ETF Approval: Ripple (XRP), Ethereum (ETH) And Solana (SOL) Set To Fully Capitalize

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