Kraken: Ethereum Eyes $4K Breakout as Bullish Momentum Builds

Ethereum's price has surged past the $3,800 resistance level, signaling renewed bullish momentum. The cryptocurrency now trades above $3,820, supported by a key trend line at $3,800 on the hourly chart. Market observers are watching for a potential push toward $4,000. The latest uptrend follows a steady climb from the $3,515 swing low, with ETH testing the $3,900 zone before consolidating. Technical indicators suggest strong buying pressure, and if the current momentum holds, Ethereum could soon challenge the psychologically significant $4,000 mark. This movement aligns with broader optimism in the crypto market, where institutional interest and network upgrades continue to drive positive sentiment. Traders on platforms like Kraken are closely monitoring these developments, as a successful breakout could pave the way for further gains. The next critical resistance levels to watch are $3,950 and $4,000, while support rests at $3,800 and $3,700. With the market showing signs of strength, Ethereum's trajectory remains a focal point for investors and analysts alike.

Ethereum Price Eyes $4K Again – Will This Be the Breakout That Sticks?

Ethereum's price has surged past the $3,800 resistance level, signaling renewed bullish momentum. The cryptocurrency now trades above $3,820, supported by a key trend line at $3,800 on the hourly chart. Market observers are watching for a potential push toward $4,000.

The latest uptrend follows a steady climb from the $3,515 swing low, with ETH testing the $3,900 zone before consolidating. Technical indicators suggest strength, with the price holding above the 100-hourly Simple Moving Average. A decisive break above $3,950 could pave the way for a retest of the psychological $4,000 barrier.

XRP Price Eyes Fresh Rally Amid Bullish Technical Breakout

XRP has surged past key resistance levels, signaling potential for further gains. The cryptocurrency climbed above $3.20 after rebounding from a low of $2.959, now trading comfortably above its 100-hour moving average.

A technical breakout occurred when XRP/USD breached a bearish trend line at $3.240 on Kraken's hourly chart. This momentum could propel the asset toward $3.3850 resistance, with interim hurdles at the $3.30 level and the 50% Fibonacci retracement of its recent decline.

The recovery notably outperforms Bitcoin and Ethereum's recent movements. Market watchers suggest maintaining support above $3.150 is crucial for sustaining the upward trajectory.

Solana (SOL) Revs Up Again – Fresh Breakout Above $200 in Sight?

Solana's price action shows renewed bullish momentum as it breaks through key resistance levels. The cryptocurrency has surged past $188, establishing a foothold above the 100-hourly moving average. A decisive trend line now offers support at $190, signaling potential for further upside.

Market participants are eyeing the $200 threshold as the next critical test. A clean break above this psychological barrier could accelerate buying pressure, mirroring recent recoveries in bitcoin and Ethereum. Technical indicators suggest SOL has room to run, with the 61.8% Fibonacci retracement level near $195 acting as immediate resistance.