Crypto analyst CryptoBull (@CryptoBull2020) has suggested that Ethereum (ETH) holders sell their positions to buy XRP. In a post on X, he shared a chart showing ETH’s recent decline and stated, “ETH looks ugly. Rejected at resistance and now heading to $1,500.”
His comments come amid significant bearish pressure for ETH. The second-largest digital asset has failed to match the growth of the broader market, and experts have been projecting for months that XRP will soon surpass it.
#ETH looks ugly. Rejected at resistance and now heading to $1,500. Looks like Ethereum holders are selling to buy #XRP. pic.twitter.com/a9En4wmn8d
— CryptoBull (@CryptoBull2020) March 28, 2025
Ethereum’s Decline and XRP’s Appeal
Ethereum had dropped to $1,890 at the time of CryptoBull’s post and fell further to its current price of $1,837. The attached chart showed ETH being rejected at a key resistance level and trending downward, suggesting further declines toward $1,500. Meanwhile, XRP has gained attention due to recent positive developments in its ecosystem.
A major factor contributing to XRP’s rising interest is Ripple’s legal victory against the U.S. Securities and Exchange Commission (SEC). The court initially imposed a $125 million penalty on Ripple, but the final settlement amounted to only $50 million.
This reduced penalty has boosted investor confidence, leading many to believe that XRP is poised for growth. The settlement also includes the removal of the permanent injunction that prevented Ripple from selling XRP to institutional investors, opening up the U.S. market once again for XRP adoption.
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Technical Indicators and ETF Excitement
XRP analysts have also identified several bullish technical formations on the asset’s chart. These patterns indicate potential upward momentum, reinforcing optimism among investors. Additionally, market participants have noted increasing on-chain activity and accumulation by whales, suggesting growing confidence in the digital asset’s future price movement.
Another critical factor driving interest in XRP is the potential approval of exchange-traded funds (ETFs). The SEC has acknowledged multiple XRP ETF filings. If approved, these ETFs could bring institutional investment into XRP, driving its price higher.
Will XRP Overtake Ethereum?
As Ethereum faces continued selling pressure, XRP benefits from shifting investor sentiment. The combination of legal clarity, technical strength, and institutional adoption has positioned XRP as an attractive alternative for traders seeking opportunities in the crypto market.
A notable crypto expert recently stated that the crypto space will soon acknowledge that XRP is the one. He expects the digital asset to surpass Bitcoin, making ETH a minor hurdle on XRP’s path to the top.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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