Expert says XRP to outperform Ethereum in the coming weeks

Ethereum ( ETH ) has been the star of the current bull market, outperforming Bitcoin ( BTC ), but an analyst is suggesting that the second-ranked cryptocurrency by market cap might soon lose its crown to XRP . According to cryptocurrency analyst CrediBULL , XRP, the third-largest crypto by market cap, is positioning itself to outperform Ethereum in the coming weeks. In a September 2 X post , the analyst noted that a review of the XRP/ETH pair points to signs of a shift in momentum after a prolonged decline. XRP/ETH price analysis chart. Source: TradingView The analysis suggested that the pair has established a significant demand zone, where price action appears to be stabilizing. This region could act as a springboard for buyers, especially with technical indicators flashing bullish signals. In this case, the Relative Strength Index ( RSI ) is showing a bullish divergence, suggesting that while prices remain subdued, underlying momentum is beginning to turn upward. At the same time, CrediBULL pointed out that a bullish divergence has already been confirmed on the daily timeframe, while another one is currently forming on the three-day chart. These developments, combined with the broader market setup, strengthen the case for XRP to regain ground against ETH in the near term. If the technical picture plays out, XRP could be on track to reverse months of weakness versus Ethereum. XRP fundamentals Fundamentals are also backing the possibility of an XRP surge in the coming weeks, particularly as market attention turns to the potential approval of a spot XRP exchange-traded fund ( ETF ). To this end, the Securities Exchange Commission (SEC) has until late October to issue a decision, with approval odds rising significantly after the conclusion of Ripple’s case with the regulator. Meanwhile, both assets continue to trade in tandem with the broader market. XRP has lost the $3 support, trading at $2.84, up over 2% in the last 24 hours. Ethereum, after institutional inflows fueled a move toward a record high near $5,000, has retreated slightly and was trading at $4,349 at the time of reporting. Featured image via Shutterstock The post Expert says XRP to outperform Ethereum in the coming weeks appeared first on Finbold .