Cryptocurrency market is experiencing a surge in bullish sentiment, with Bitcoin and Ethereum leading the rally, while XRP is expected to reach $3.
Bitcoin has shown positive momentum, reaching $105,747 before pulling back to around $103,600. Analysts suggest a potential push to its all-time high of $109,000 if it can close above $105,000.
Ethereum saw an 11% increase to trade at around $2,613.56, with signs of increased market activity. The 14-day Relative Strength Index indicates Ethereum is approaching overbought territory.
Ripple is currently trading at $2.42, with a resistance level at $2.72. Further upside towards $3.00 is projected, with expectations high for XRP due to potential SEC approval of XRP Exchange-Traded Funds (ETFs).