Ethereum (ETH) has been projected to challenge XRP’s bullish price performance and possibly surpass it to reach new highs. Despite Ethereum’s failure to rally significantly in this bull cycle, a crypto analyst has outlined reasons why this second-largest cryptocurrency is set for explosive upside momentum . Ethereum To Outperform XRP CredibullCrypto, a prominent crypto analyst, has taken to X (formerly Twitter) to discuss the XRP/ETH trading pair. The analyst projects a strong rally for Ethereum this year, presenting a price chart to visualize his analysis while outlining the reasons for his forecast. According to CredibullCrypto, Ethereum is expected to outperform XRP in the short-to-mid-term as the XRP/ETH trading pair is now undergoing a correction after experiencing a recent rally of more than 250%. Compared to ETH, the XRP price has seen significant gains this year, skyrocketing from a price low of $0.5 to over $3 for the first time in seven years. While these gains were impressive, market indicators now suggest that a temporary pullback for XRP is underway, creating an opportunity for Ethereum to potentially take the lead . A major reason for this possibility is the appearance of multiple bearish divergences in the XRP/ETH price chart, signaling a potential cooldown. Notably, the analyst expects XRP to decline and revisit range lows at $1.60 – $1.80. At the same time, ETH is likely to stay within a massive high-time frame demand zone, reinforcing the expectation that its price will hold strong while XRP consolidates further . Despite Ethereum’s projected dominance and outperformance of XRP in the near term, CredibullCrypto remains bullish on the XRP price in the long run. Nevertheless, the analyst’s projection of a short-term correction for XRP is seen as a necessary phase for Ethereum’s upside momentum. Looking at the price chart, the XRP/ETH trading pair is expected to dip into the green demand zone in the range of $0.00087 – $0.00088. After this correction, the analyst suggests a sharp recovery for the pair, signaling a new leg up toward $0.00092, as indicated by the blue arrow. Analyst Predicts ETH’s Bottom And New Price Target Crypto Caesar, an analyst on X, has forecasted that the Ethereum price will hit a market bottom soon. Once this occurs, the analyst suggests a possible reversal to a new high . According to the analyst’s price chart, if Ethereum fails to hold the $1,800 support level, the next strong low zone around $1,000 – $1,200 could be tested. The red area in the price chart, representing the $3,600 – $4,00 range, has been marked as a crucial resistance zone. Once broken, this resistance could propel ETH to weak highs around $4,400 – $4,800.
