Ethereum Holds $3,000 Amid Bullish Momentum While Solana Shows Potential to Catch Up
The post Ethereum Holds $3,000 Amid Bullish Momentum While Solana Shows Potential to Catch Up appeared on BitcoinEthereumNews.com.
Ethereum’s recent breakout above $3,000 signals renewed bullish momentum in the crypto market, with key technical indicators supporting a sustained upward trend. While Solana lags behind major cryptocurrencies like Ethereum and XRP, its consolidation phase suggests potential for significant gains as market interest shifts. According to COINOTAG, XRP’s steady climb towards the $3 resistance level demonstrates strong market conviction and a likely breakout in the near term. Ethereum breaks $3,000 with strong volume; Solana shows accumulation signs; XRP approaches critical $3 resistance, indicating bullish momentum across key cryptocurrencies. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Ethereum Breaks Key Resistance, Indicating Bullish Momentum Ethereum’s recent surge past the $3,000 threshold marks a pivotal moment in its price trajectory, breaking free from a prolonged consolidation phase. This breakout is accompanied by a notable increase in trading volume, which reinforces the strength of the move. The alignment of the 50-, 100-, and 200-day moving averages below the current price level provides dynamic support, a hallmark of a healthy trending market. Additionally, Ethereum’s Relative Strength Index (RSI) has entered overbought territory, a common feature in robust bull markets that often precedes short-term profit-taking but does not necessarily signal an imminent reversal. Structurally, Ethereum has overcome its most significant overhead resistance since its last major decline, creating a price gap between $3,200 and $4,000 that could be quickly filled if momentum persists. Historically,…
Filed under: News - @ July 14, 2025 12:24 am