In an era where political landscapes can ripple through financial markets, the potential return of Donald Trump to the White House is fueling speculation within the crypto community. Investors are watching closely, particularly those with holdings in Ethereum, Cardano, and XRP, as a shift in U.S. leadership could unlock unprecedented opportunities for growth. This political shift could ignite new highs for these digital assets, stirring excitement and anticipation among market watchers and positioning crypto to react sharply in the wake of major policy changes.
🔸Ethereum Eyes Breakout as Bullish Momentum Builds Ahead of Altcoin Season
Ethereum’s price has been climbing, with gains of 19% over the past month and 8.43% in the last week. Currently trading between $2338 and $2649, ETH is nearing its nearest resistance level at $2841. Breaking above this could propel it to the next resistance at $3153, a potential increase of about 20% from current levels. Technical indicators like the RSI at 71.74 and Stochastic at 93.03 show strong bullish momentum. With the 100-day Simple Moving Average at $2567.23, Ethereum is trading above key averages, highlighting an upward trend. As altcoin season approaches, ETH could see significant growth, riding the wave of a global crypto bull run.
🔸 Gains Momentum with Potential Breakout Above $0.38 Resistance
Cardano has seen a strong price increase recently, trading between $0.31 and $0.36. It has gained over 10% in the past week and more than 12% in the past month. The nearest resistance level is $0.38, matching the 10-day simple moving average. If ADA surpasses this level, it may reach the next resistance at $0.41. The RSI is above 77, showing strong buying interest. Positive MACD levels indicate upward momentum. With the market heating up and technical indicators supporting growth, Cardano could continue its rise, potentially adding another 10% to 15% soon.
🔸XRP Gears Up for a Breakout: Potential Surge Beyond Resistance Levels
XRP is currently trading between $0.49 and $0.53, showing signs of upward momentum. With a 6.12% price increase over the past week and a positive MACD level, bullish sentiment is building. The Relative Strength Index stands at 61.69, indicating room for growth before reaching overbought conditions. The nearest resistance is at $0.55; breaking this could push the price toward the next resistance at $0.59. This move would represent a potential gain of over 10% from current levels. The 10-day Simple Moving Average aligns with the immediate resistance, suggesting short-term momentum could propel XRP higher. If the altcoin season kicks off, XRP might rally significantly beyond these levels.
As Ethereum, Cardano, and XRP stand on the brink of potentially historic gains
