XRP has been experiencing fluctuating price action recently. Currently trading at around $2.50, XRP saw a major drop after an initial price spike. However, it’s now back on an upward trajectory, hinting at a potential bullish trend. This movement suggests that XRP is following a slow, steady climb, with hopes of developing into a larger upward pattern. Analysts are watching for the possibility of an extended bull run, similar to what occurred in 2021.
Since the U.S. election, XRP has surged by 375%. The altcoin is significantly outperforming the broader market, with increasing interest from new buyers, as active XRP wallets have jumped by 620% in the past week.
The market’s fear and greed index is improving, moving up to 30, signaling a shift toward a more optimistic outlook. Bitcoin dominance remains steady at 60%, and the overall market cap has risen to $3 trillion, with altcoins also gaining momentum.
Bearish Divergence on 3-Day Chart
According to analyst Josh of Crypto World, XRP continues to show a bearish divergence on the 3-day timeframe. This suggests that while short-term movements may fluctuate, we shouldn’t expect any major bullish momentum similar to the rise seen in November last year.
Short-Term Support and Resistance Levels
XRP is bouncing from a key support area between $2.25 to $2.30. The next resistance levels to watch are between $2.65 and $2.80, with additional resistance at $3 and $3.20.
RSI Indicators and Market Movement
The RSI has recently bounced into overbought territory, but has since reset after a pullback. At the moment, the RSI is neutral, which suggests that XRP’s price may remain in a sideways range for the short term. If Bitcoin and other major altcoins stay neutral, XRP is likely to follow suit with some choppy price action.
The Ethereum-to-Bitcoin ratio has fallen to its lowest level in five years after a dismal Ethereum price performance. As investors try to wrap their heads around the grim metric, Taproot Wizards co-founder Eric Wall has explained the reason behind the steep drop.
Eric Wall Highlights Reasons For ETH/BTC Ratio Collapse
Taproot Wizards co-founder Eric Wall has identified a raft of reasons behind the decline of the ETH/BTC ratio in 2025. The cryptocurrency expert revealed the factors behind the falling ETH/BTC ratio in an X post, hinging the bulk of the blame on Ethereum’s recent price performance.
The ETH/BTC ratio slumped to a five-year low after Ethereum bucked the trend of following Bitcoin on a rally after the halving event. While Bitcoin price rose to cross the $100K mark, Ethereum price has tumbled below $2,000 to reach lows of $1,400.
For Wall, one factor affecting the ETH/BTC ratio appears to be Ethereum’s position in a competitive landscape. Since its launch, several blockchains have cropped up to snag market share from the largest altcoin, offering cheaper fees and faster processing times.
The cryptocurrency expert argues that the absence of a Saylor-like buyer for ETH is playing its role in the decline of the ETH/BTC ratio. Michael Saylor’s BTC purchases have contributed to the asset’s performance, but Wall argues that Ethereum does not have a consistent buyer.
Wall adds that Bitcoin and gold have evolved into wartime assets in the current macroeconomic climate, while ETH is considered a “peacetime asset.” Gold has surged to new highs, sparking optimism that Bitcoin will follow in the same path for a similar rally, while the Ethereum price continues its unimpressive run.
The Merge Is Not Responsible For The Ratio Decline
Eric Wall notes that Ethereum’s Merge event is not responsible for the ETH/BTC slump, contrary to popular sentiment. Ethereum migrated from Proof-of-Work to Proof-of-Stake in 2022, with the ETH/BTC ratio tanking since the Merge.
“The ETHBTC ratio did not go down because of The Merge,” said Eric Wall.
However, pseudonymous cryptocurrency analyst Beanie argues that the Merge is the primary reason for the price decline. Rebuffing the speculation, Wall opines that Ethereum’s layer 2 tokens triggered network fragmentation after botching the “asset value capture narrative,” affecting the ETH/BTC ratio.
“Ethereum also stagnated into a depressingly small number of defi primitives relative to what past expectations were,” added Wall.
Ethereum is flashing signs of brilliance after ETH trading volume spiked to $17.5 billion in less than a day. ETH prices are exchanging hands at nearly 1,800 after an impressive 12% rally that saw it outperform SOL and XRP
A new chapter for Solana (SOL) is unfolding as excitement grows around a possible new investment product in the US market. Rex-Osprey’s CEO, Gregory King, has allegedly confirmed that his firm’s Solana staking ETF will launch on July 2, becoming the first of such a fund to roll out. REX-Osprey to Launch First Staking-Enabled Solana
The crypto market is bullish today, as traders looking to buy the dip after the April 7 bloodbath caused by macroeconomic fears. As most altcoins edge higher today, several economic events happening this week including the release of FOMC minutes for the March meeting and possible emergency fed rate cuts have fuelled optimism that the market may sustain its gains. Traders are now searching for the best crypto to buy to scoop significant gains.
Crypto Market in Focus Ahead of FOMC Minutes and JPMorgan Warning
The crypto market has been battered this week amid discussions revolving around tariffs and trade wars. The global stock market has also wiped out trillions of dollars, while Bitcoin and most altcoins are struggling at multi-month lows.
However, more volatility lies ahead during the week. The Federal Reserve will release its minutes of the March FOMC meeting where it left interest rates unchanged. CPI inflation data will be released later on Thursday.
JPMorgan Executive Bob Michele warned that the Fed might be forced to call an emergency fed rate cut before the next Fed meeting on March 7. Michele’s sentiment comes after President Trump urged Fed Chair Jerome Powell to stop playing politics and trim interest rates.
If this week’s FOMC minutes show the Fed has flipped dovish despite the ongoing turmoil, it could trigger a turnaround for risk assets like crypto. In this instance, below are the best crypto to buy for significant gains.
Top Crypto to Buy This Week
The best crypto to buy ahead of an eventful economic week includes Ripple (XRP), Hedera (HBAR), Hyperliquid (HYPE), and Fartcoin (FARTCOIN).
Ripple (XRP)
XRP price has posted a modest 3% gain in the last 24 hours. The altcoin has been catching attention as one of the best crypto to buy due to strategic acquisitions and institutional interest.
Teucrium Investment Advisers have launched the first XRP leverage ETF at the New York Stock Exchange (NYSE). The product will bolster institutional interest. Meanwhile, Ripple has acquired Hidden Road, a prime brokerage platform, for $1.25B, marking one of the biggest deals in crypto history.
Besides these fundamentals, the XRP price chart also makes a bullish case for Ripple. The altcoin has reentered a support zone that previously marked a surge in buying pressure. Meanwhile, XRP has moved from the lower Bollinger band, and if it rises to the middle band, it could drive strong gains.
XRP/USDT: 1-day Chart
Hedera (HBAR)
Hedera is a top crypto to buy this week ahead of FOMC minutes. In the last 24 hours, HBAR has recorded a staggering 10% gain. It is also teasing a breakout at the upper boundary of a falling wedge pattern. This hints towards a notable 2x surge to the target price of $0.26.
HBAR/USDT: 1-day Chart
Besides the bullish setup, Hedera is also among the altcoins awaiting the SEC’s decision on a spot HBAR ETF. This ETF filing supports a bullish Hedera price prediction.
Hyperliquid (HYPE)
Hyperliquid is one of the top gainers across the crypto market today with a remarkable 10% surge to trade at $11.75. These gains make HYPE one of the best crypto to buy during the ongoing dip.
HYPE has formed a v-shaped recovery on the four-hour price chart. This shows a strong rebound. At the same time, the RSI stands at a neutral level of 50 but the volume profile bars show that buyers are active in this price zone. The next key resistance levels lie at $14 and $15.
HYPE/USDT: 4-Hour Chart
Fartcoin (FARTCOIN)
One of the best crypto to watch during the ongoing turbulence is Fartcoin. As Coingape previously reported, FARTCOIN may be on the verge of a breakout past $2 after being one of the top gainers in the last 24 hours.
This Solana meme coin is forming higher lows on its 4-hour price chart, which shows that the momentum is building. The RSI is also rising to support the positive outlook.
FARTCOIN/USDT: 4-Hour Chart
Summary of Top Crypto to Buy
The crypto market may record more volatility this week ahead of the FOMC minutes and the possibility of the Fed announcing emergency interest rate cuts. The best crypto to buy ahead of these events are Ripple (XRP), Hedera (HBAR), Hyperliquid (HYPE), and Fartcoin (FARTCOIN).
