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Jakarta, Pintu News – Ethereum (ETH), XRP (XRP), and Dogecoin (DOGE) are starting to show early signs of a potential trend reversal in a bullish direction after several days of market uncertainty.
In the past 24 hours, crypto prices saw a gain of 0.93%, recovering slightly from the 8% decline over the previous seven days. Although some tokens are still showing bearish pressure, Ethereum, Ripple, and Dogecoin are starting to gain positive momentum. Bitcoin remained trading above $86,000, which helped strengthen market confidence.
Ethereum price has seen a mild gain of 1.03% in the last 24 hours, although it still lags behind the general crypto market. The ever-increasing support level was successfully defended by the bullish side, which pressed the crucial resistance zone at $3,050. This trend comes after a sharp 10% drop in a week, which reflected widespread panic among traders.
Read also: Ethereum Price Hovering at $2,900 Today: BitMine Accumulates ETH, What’s Next?
However, ETH has not been able to stay above the $2,850-$2,900 area in its latest recovery attempt. Outflows from ETH ETFs reached $589 million in the past week, which also worsened market sentiment.
On the other hand, BitMine purchased 21,537 ETH worth approximately $59.17 million on-chain. Additionally, the Fusaka update is scheduled to be activated on the mainnet on December 3, 2025.
ETH, XRP, and DOGE prices showed mixed movements as the crypto market recorded a small decline in the last 24 hours.
Among the three, XRP stole the show with a 1% gain, supported by growing demand from institutions. This momentum came after Grayscale received permission to list its XRP ETF on the NYSE under the ticker GRXP.
Bitwise also expanded its altcoin portfolio by launching an ETF linked to XRP. Investor confidence remains strong despite the minor sell-off. If the bullish trend continues, the price of XRP could potentially head towards the $3 level.
The Dogecoin price is trading steadily today, as the launch of the first Dogecoin spot ETF in the US is officially listed on NYSE Arca under the ticker GDOG. The product, offered by Grayscale, is showing impressive early performance.
Read also: Is Shiba Inu Gearing Up for a Comeback? These 3 Key Signals Suggest So
The price of DOGE was around $0.1465, edging up by 0.5%. Daily trading volume increased to $1.61 billion, signaling an increase in investor participation.
The market is currently showing a pattern of a short decline followed by a quick recovery, indicating a strong momentum behind the price movement. This recovery reflects an improvement in market sentiment, which is now starting to point towards a potential uptrend, as traders look for further profit opportunities.
Overall, ETH, XRP, and DOGE are still on a bullish trend path, thanks to improving market sentiment. Signs of recovery are starting to show although they are gradual.
The market situation is still fraught with anxiety, but interest from investors remains high. Assets like these have the potential to generate huge returns, especially if overall market confidence is maintained.
An ETF, or Exchange-Traded Fund, is a type of investment product that allows investors to participate in the market without having to own the underlying asset directly. The launch of an ETF often increases liquidity and market exposure to the asset, which can positively affect cryptocurrency prices.
Grayscale, as one of the largest digital asset managers, is influencing the market by creating financial products that make it easier for institutional and retail investors to invest in cryptocurrencies. These products add liquidity and stability to the market, and increase investor confidence.
Resistance zones in trading are price levels where selling of an asset tends to occur more than buying, making it difficult for the price to rise further. Understanding these zones is important for trading strategies as they indicate potential price reversals or declines.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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