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Experienced Analyst Talks About Ethereum and XRP! Will the Bull Continue? What Are the Whales Doing?
Cryptocurrency analyst Ali Martinez, in his latest statement, evaluated Ethereum and the general cryptocurrency market, which made a sound with its rally.
According to the analyst, there is no obstacle to reaching a new all-time high in Ethereum price at the current level. Martinez noted that the only moderate resistance point on the way is $4,540 and added that the momentum is on the bulls' side as long as the ETH price stays above $3,560.
At the time of writing this article, the price of ETH is trading at approximately $4,000.
In addition, the analyst talking about XRP gave an interesting detail about the coin despite the recent decline. According to the analyst, crypto whales bought from the bottom after the XRP price dropped from $2.90 to $2.22. According to on-chain data, crypto whales bought a total of 120 million XRP, which is valued at $288 million. Currently, the XRP price is at $2.55, and the community is expecting an all-time high price record for this coin.