The cryptocurrency market is full of cycles and opportunities. According to analyst CredibleCrypto, one of the most followed figures in the space, Ethereum is currently in a stronger position than XRP, at least in the short to medium term. This perspective comes after a significant surge in the XRP/ETH pair, which has gained over 250% since breaking out of a four-year price range.
But what does this mean? In trading, pairs like XRP/ETH indicate how one asset is performing relative to another. When the pair rises, it means XRP is appreciating faster than Ethereum. However, after such a strong rally, the analyst sees signs of technical exhaustion.
Technical Indicators Favor Ethereum Over XRP Today
CredibleCrypto highlights the emergence of bearish divergences on the weekly charts. Simply put, this happens when the price keeps rising, but momentum indicators like the Relative Strength Index (RSI) begin to decline. The RSI measures whether an asset is overbought or oversold. When a divergence like this occurs, it suggests that the uptrend may be losing steam.
While XRP is showing signs of fatigue, Ethereum is currently trading in what analysts call a higher time-frame demand zone. This means that many investors see this price level as a good buying opportunity, which could help sustain ETH’s value or even trigger another leg up.
CredibleCrypto believes XRP may correct down to the $1.60–$1.80 range before resuming its upward movement. During this correction phase, Ethereum is likely to perform better.
- Use the Cbet bonus code and claim your exclusive rewards! Sign up now and boost your winnings.
These market movements are part of the natural cycle. Corrections are healthy and help set the stage for new highs. The key takeaway is that, given the current landscape, Ethereum appears to have stronger momentum in the short term.
Both assets remain significant players in the crypto space. However, based on technical indicators and current market conditions, ETH seems to have the upper hand.