- Top altcoins Cardano, Ethereum, and XRP show strong bullish setups backed by rising volume.
- XRP moves into uncharted territory, while ADA and ETH test key resistance levels.
- The weekend could bring more upside if current momentum holds.
With Bitcoin recently setting another all-time high and U.S. lawmakers backing the CLARITY and GENIUS Acts, market sentiment has shifted to bullish territory. This renewed confidence is now spilling into the altcoins. Among the altcoins gaining traction are Cardano (ADA), Ethereum (ETH), and XRP, all showing promising setups ahead of the weekend.
Ethereum Breaks Above Resistance, Targets $3.8K
Ethereum has rallied 20% over the past week and now trades at $3,553.84. This move has pushed ETH far above its long-term support levels, including the 200-week EMA at $2,294 and the 50/100-week EMAs near $2,600. The shift in price action reflects strong conviction from buyers.
The RSI now sits at 67.67, just under the overbought zone. This shows that while momentum is high, the market may pause briefly before continuing upward. MACD also supports the move, with values of 153.48 and 81.85 for the MACD and signal lines, respectively. Volume has climbed significantly, backing the move higher.
Immediate support sits near $3,200. If bulls maintain control above $3,500, Ethereum could climb toward $3,700 or even higher over the weekend. Even a small dip would likely remain within a strong bullish structure.
Also Read: Top Altcoins to Watch in July 2025 Before They Explode
XRP Breaks $3, Enters Price Discovery Mode
XRP went up by 25% this week and is currently trading at $3.42, at least breaching the $3.00 barrier level. With no clear resistance level imminent, XRP has crossed into the price discovery region, where it is likely to move into new territory based simply on demand within the market.
The RSI is at 69.74, which is bullish strength with still a bit more room to move. The MACD shows an ongoing bull rally too, with the MACD line at 0.20352 and the signal at 0.14704. Volume is elevated at close to 97 million, which shows good intent by the traders.
Support has now shifted to $3.00, the previous resistance level. A sustained momentum is likely to see XRP test the $3.50 to $3.70 region this weekend. A small retracement wouldn’t hurt the larger picture trend, which is still strong.
Cardano Clears the Way, Eyes Fresh Highs
Cardano is flashing bullish signals after the massive 17% rally this week, with the token trading at $0.8223. It has now broken above the primary longer-term averages, including the 20, 50, 100, and 200-week EMAs, with the 20-week average trading at $0.698. This kind of breakout usually records a shift in trend and suggests strong momentum in store.
The RSI is at 56.22, reflecting a good uptrend that is not overbought yet. The MACD reflects the same with a bullish crossover. The MACD is at 0.00361, and the signal line is trailing at -0.01015. The volume has also crossed beyond 42 million, again aiding the breakout.
Price action shows ADA leaving the recent area of consolidation. The next important test is between $0.87 and $0.90, and the support is robust near $0.68 to $0.70. So long as this momentum is intact, ADA could approach $0.90 in the upcoming sessions.
Also Read: Best Altcoins to Buy Mid-July 2025 for Massive Upside Potential
