Ethereum Shows Potential for New Highs Amid Altcoin Rally as Bitcoin Momentum Slows
The post Ethereum Shows Potential for New Highs Amid Altcoin Rally as Bitcoin Momentum Slows appeared on BitcoinEthereumNews.com.
Altcoins are gaining significant momentum as Bitcoin’s growth plateaus, signaling a potential shift in the cryptocurrency market dynamics. Ethereum, XRP, and Dogecoin have demonstrated remarkable weekly gains, fueled by institutional interest and favorable macroeconomic conditions. According to COINOTAG, the surge in altcoins is supported by strong technical indicators and regulatory advancements, suggesting sustained bullish trends ahead. Altcoins rally as Bitcoin cools, with Ethereum, XRP, and Dogecoin leading gains amid bullish market sentiment and regulatory clarity. ‘, ‘ 🚀 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 Leads Altcoin Rally with Institutional Backing and Strong Technicals Ethereum has emerged as the standout performer in the recent crypto market surge, registering a notable 25.7% increase over the past week to peak near $3,843 before a slight correction. This rally is underpinned by substantial institutional inflows, with spot ETH ETFs attracting $2.2 billion in weekly investments, highlighting growing confidence among professional investors. The technical landscape for Ethereum is robust: the Relative Strength Index (RSI) at 70 signals strong buying momentum, while the Average Directional Index (ADX) nearing 25 suggests the onset of a sustained trend rather than a fleeting spike. Moreover, Ethereum’s price remains comfortably above its 50-day and 200-day Exponential Moving Averages (EMAs), with expanding divergence indicating potential for continued upward movement. The Squeeze Momentum Indicator further supports this outlook by signaling expanding volatility in favor of bulls. Traders should monitor key levels…
Filed under: News - @ July 21, 2025 11:27 pm