XRP News Today: XRP Surges 14.89% in a Month, Ethereum Gains 61.78%

XRP has been on a remarkable run, with a 14.89% gain over the past month and an impressive 113.40% surge over six months. This upward trajectory reflects a growing investor interest and a pronounced recent rally. The coin's price has been fluctuating between $1.75 and $2.50, with immediate resistance at $2.80 and support near $1.31. The bullish momentum is evident, and traders are closely watching for a breakout above $2.80 or a rebound from $1.31 to capitalize on the current trends.

Ethereum, on the other hand, has seen a significant monthly increase of 61.78% and a weekly rise of 16.43%. However, it has experienced an 18.07% decline over the past six months, with price movements ranging between approximately $1468.66 and $2037.85. This fluctuation indicates renewed interest from buyers amidst earlier bearish trends. The current price situation shows bulls attempting to push past resistance at $2280.82, with a further hurdle at $2850. Support levels are positioned around $1142.44, and a fallback level exists near $573.25. The RSI nearing 72.76 signals overbought conditions, suggesting traders should be mindful of possible pullbacks and explore buying opportunities on dips within these key ranges.

Cardano has shown strong upward movement with a 27.54% gain over the past month, while the six-month change of 4.85% indicates modest stability. The one-week progress of 1.30% reflects regular fluctuation. The current trading range of approximately $0.55 to $0.78 is bounded by a near-term resistance at $0.88 and a support near $0.41, with a secondary resistance at $1.11 and support at $0.18. The RSI near 57 suggests buying interest within these levels, and trading opportunities exist by focusing on moves within these clear support and resistance zones.

XRP's strong upward momentum continues, while Ethereum remains steady and is in a resting phase. Cardano is fluctuating in a crucial zone, testing important support and resistance levels. The market conditions for these altcoins suggest varied performances in the mid-term. Investors should stay informed and exercise caution when investing in altcoins, as the market remains highly volatile and unpredictable.