TL;DR
Despite the recent minor resurgance, ETH continues to be among the biggest underperformers in the past several months, failing to chart a new all-time high and losing a massive chunk of its value.
However, one analyst believes this could be a blessing in disguise for the second-largest cryptocurrency as it can pull off a big XRP-like rally.
ETHUSD. Source: TradingView
Can ETH Do an XRP?
Although it failed to near, match, or break its all-time high of over $4,800 this time around, ETH also went on the offensive after the US elections. It skyrocketed from $2,400 to a multi-year peak of its own at just over $4,000. However, it couldn’t keep the momentum going and started to lose value rapidly in Q1 2025, which became its worst in quite some time.
April saw more pain as ether plunged to $1,400, thus erasing roughly seven years of gains. Despite recovering to almost $1,800 as of press time, ETH is still below the pre-election levels. It’s down by nearly $2,000 since July when th
We współpracy z: https://cryptopotato.com/can-ethereum-eth-pull-a-ripple-xrp-this-cycle/
