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$ETH Ether, Dogecoin Surge, Outpaces Bitcoin as DeFi Comments Spurs Bullish Mood Ether outpaces bitcoin on fresh institutional inflows and rising demand for tokenization, signaling a potential push towards its all-time high. However, all eyes are on etherย ETH$2,765.21 ย with traders commenting on upside volatility in the weeks to come and reporting record volumes for certain ETH-based products on some exchanges. ETH zoomed 5% in the past 24 hours, leading gains among majors. Investors are finally recognizing the compelling investment opportunity that Ethereum presents. Itโs still trading well below its all-time highs, while bitcoin is already near its ATH levels,โ said Jeff Mei, COO at BTSE, in a message to CoinDesk. He pointed to Ethereum's growing role in tokenizing real-world assets like stocks, money-market funds, and U.S. Treasuries, adding that it was โvery likely that Ethereum will reach and/or surpass its all-time high price by the end of the year.โ Ether ETFs have attracted more than $800 million in the past two weeks alone, outpacing bitcoinโs sub-$400 million, according to SoSoValue data. Thatโs helped the spread between etherโs implied volatility and bitcoinโs reach its highest level since late 2022 โ a sign traders expect bigger price swings ahead. Open interest in ether perpetuals on Kraken hit an all-time high of 30,000 ETH this week, said Alexia Theodorou, Head of Derivatives at #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #ETHPriceSurge
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#TradingTypes101 ๐๐ฟ๐นโฐโจAltcoins update: XRP uptrend stallsโจโฐ๐น๐ฟ๐ the XRP price uptrend is wobbling at $2.31, gesturing to trader indecision and possible consolidation before the next breakout. Slightly below the current level, the cross-border money remittance token upholds support at $2.26, established by the 50-day EMA and the 100-day EMA confluence. A SuperTrend sell signal validated on May 30 hints at a developing bearish outlook. If traders reduce exposure to XRP, reflecting the sell signal as a dynamic resistance, the decline could extend below the confluence support, bringing the 200-day EMA at $2.09, which is 9.5% below the current price level, into sight. #Ripple #XRPPricePrediction #InvestorFocused $XRP
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