The alt season is starting to heat up. Traders are paying serious attention to Ethereum, XRP as well as a newcomer called MAGACOIN FINANCE. Each token is moving for different reasons, but they all have one thing in common — the momentum is hard to ignore.
Ethereum Nears All-Time High as ETF Flows Surge
Ethereum is facing the possibility to make history once again as it is inching up near the old record of $4,864. Traders are studying each tick with increasing excitement. In the United States, spot Ethereum ETFs experienced net inflows of $639.6 million on August 14. BlackRock’s ETHA led with $519.7 million. Fidelity’s FETH attracted $56.9 million, while Grayscale Ethereum Mini Trust took in $60.7 million.
On August 11, only a few days before, ETF inflows reached a record of 1.02 billion. Ethereum ETFs are beating Bitcoin funds by a large margin this week. ETFs targeting ETH have generated nearly $3 billion, compared to just $562 million targeting Bitcoin.
The interest is rapidly increasing at the institutional level. In six weeks, crypto treasury holdings in Ethereum increased by 11 billion, up by 1,700% since June 26. Analysts attribute the rally to momentum in crypto treasuries and new SEC guidance on liquid staking. Ethereum is currently trading at 4,652 at the time of writing. It has experienced a gain of 18.7% over one week. With the current pace, ETH may finally surpass its all-time high.
XRP Gears Up for a Final Push
XRP is currently trading at less than 15% to the current high and its charts suggest that a last push might be starting. Although talk of a potential BlackRock XRP ETF has caused some optimism, this rally has more to do with general market strength. The price movement indicates that XRP could be in the fifth and the final phase of its rally.
The bullish trend commenced on April 7 and had a higher low in June. In July, the momentum gained to drive XRP to $3.66. The price had broken upward out of an ascending channel and later reinforced the direction with a sharp recovery. In case the rally sustains, the next support zone will be between $4.23 and $4.77. This is based on important Fibonacci retracement levels and historical wave patterns. Traders are now waiting to see whether XRP will have its final wave before the trend cools down.
MAGACOIN FINANCE Gains as Altcoins Holders Rotate Profits
MAGACOIN FINANCE is quickly positioning itself as the go-to for early stage investors. Profit takers of DOGE and SHIB are transferring profits to MAGACOIN FINANCE, anticipating larger yields before ETF-related price actions.
The token has seen an increased interest due to its aggressive market approach and active community.Analysts project a 12,500% upside if adoption accelerates before broader ETF momentum peaks. As meme coin gains trickle in, MAGACOIN FINANCE will enter Q4 with a steep move. Lots of people regard the coin as the most underrated play in the cycle.
The Bottom Line
Ethereum is dancing on the edge of a breakout while XRP is focusing on its final big wave. Meanwhile, MAGACOIN FINANCE is catching a new wave of interest. With strong flows and rising sentiment, these three could shape the next big crypto rally — and MAGACOIN may be the sleeper hit that delivers the biggest surprise.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Access: https://magacoinfinance.com/access
X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
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