Eth price forecast many traders compare this range to

Many traders compare this range to similar breakout patterns seen in Further emphasizing the optimist outlook on XRP price action, community analysts identified a major whale transaction on Sunday. Prominent community contributor, pseudonym @RippleXrpie alerted their over 425,000 followers to a whale acquisition of 17,555,420 XRP, valued at roughly $48.9 million. As seen in the expert’s chart below, this expanding diagonal pattern is characterized by a series of rising trend lines, indicating a potential reversal from a downtrend to an uptrend. Ethereum’s correlation with Nasdaq tech indexes remains high, and the eth price forecast assumes mild risk-on momentum as corporate earnings beat expectations.