The post A Strategic Crypto Stockpile: How do $ETH, $XRP, $SOL, and $ADA shape up? appeared on BitcoinEthereumNews.com.

It’s been announced that President Trump has signed an executive order which establishes a Strategic Crypto Stockpile. $ETH, $XRP, $SOL, and $ADA have been mentioned as the four cryptocurrencies that it will consist of. How are these cryptocurrencies doing as regards price? Should altcoins be included in a U.S. Digital Assets Reserve? While there are many voices heard on social media as to the merit of the four cryptocurrencies that will potentially form part of a U.S. Strategic Crypto Stockpile, some are even questioning as to why there should even be one. One of those voices is Tyler Winklevoss, who stated his view on X that cryptocurrencies are not suitable for a Strategic Reserve. That said, the U.S. government will either listen to voices such as Winklevoss, or Michael Saylor, who will be at the Crypto Summit later today, or it will submit to pressure and continue to back some of the major altcoins. $ETH ready for rally Source: TradingView Looking at the daily chart for $ETH, it is all pretty much steady as she goes. It looks as though the second biggest cryptocurrency after Bitcoin may have found a bottom, and bulls might be gathering ready to send the price higher. This bottom is formed by no less than the bull market trendline, together with major horizontal support. If these two were to fail, things could get very serious indeed. A bounce is certainly the most probable next move. At the bottom of the chart is the RSI. The indicator line here is showing that the downtrend is still in force. However, the trendline will have to break at some point, and once it does, a rally will be in evidence. $XRP breaks through descending trendline Source: TradingView The $XRP price has been in a range since the beginning…

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Filed under: News - @ March 9, 2025 8:08 am