Crypto Giants XRP and Ethereum Make Big Moves

Crypto markets are buzzing as two major players, XRP and Ethereum, show strong gains. XRP has climbed about 5%, breaking free from a downtrend that has been going on since November. This breakout is a big deal because it shows that sellers are losing their grip. Right now, XRP is trading above some key short-term averages, which is a good sign for bulls. The next big test will be the 200-day average around $2. 19. If XRP can close above this level, it could mean a bigger trend change is happening. Support is now at $2. 1–$2. 12, and holding above this could push prices toward $2. 3 and even higher. Ethereum isn't far behind, up more than 8% after breaking through a key level at $3, 195. This move ends weeks of boring sideways action. ETH is now above all short-term averages and holding above the 200-day average near $3, 178. This is a big deal because this level has been a tough nut to crack for nearly a month. If buyers can keep control, the next stop could be $3, 350, and then possibly $3, 800. The RSI is near 74, showing strong demand but not yet overbought. One big reason for Ethereum's rise is a whale making a huge bet. This whale, who timed the market well in October, has increased their long position from $218 million to $266 million in just a few days. This whale added about $48 million today alone. The position is now showing nearly 28% returns and has no short exposure. The liquidation level is way below the current price, meaning the whale is ready to hold through any ups and downs. Unrealized profits have jumped from $3. 37 million to nearly $14. 9 million. Whale moves like this often catch the eye of traders, who see them as a sign of market sentiment. All of this is happening while Cardano's 11% rally is also making waves. The excitement around Cardano's upcoming Midnight privacy network has lifted activity across several big-name coins and altcoins.