Crypto Price Prediction Today 3 October – Xrp, Ethereum, Solana

What Happened

With total market capitalization climbing above $4.24 trillion, investors are preparing for what could be the most explosive phase of this cycle.

There are many reasons to be bullish about XRP, including the fact that a wave of XRP ETFs are likely to launch in the coming weeks, boosting institutional demand for the token.

Demand for XRP is also growing as a result of Ripple’s expansion as a firm, with the company signing multiple new partnerships in recent months, as well as expanding into new territories.

Market Context

Bitcoin has just surged past $120,000, reigniting momentum across the entire crypto market and supporting a bullish crypto price prediction for XRP, Ethereum, and Solana.

This article breaks down the technical and fundamental signals behind each coin, highlighting the levels to watch as the market gears up for its next leg higher.

Crypto Price Prediction: XRP ($XRP) – ETFs and Rising Open Interest Signal New ATH Incoming

It looks as though XRP is going to break out of the pennant in which it has been trading in recent weeks, while its indicators are both rising strongly from oversold positions.

Such changes come as open interest for XRP futures has risen back to $8 billion, having risen from just over $7 billion in August.

This points to rising prices, with XRP likely to rise beyond $3.50 by the end of the month, before reaching $5 by the end of the year.

Crypto Price Prediction: Ethereum ($ETH) – Institutions and Company Reserves to Push Altcoin Even Higher in Q4

And when combined with Ethereum’s almost peerless fundamentals, this makes for a fantastic crypto price prediction for ETH.

Based on this, and based on the expectation of a bull rally, we could see the ETH price break the $5,000 barrier by the end of this month, before hearing towards $10,000 in the longer term.

Crypto Price Prediction: Solana ($SOL) – Altcoin Could Break ATH in Matter of Weeks

Why It Matters

This means that XRP is in a fantastic position to ride what may be the start of an end-of-year rally, judging by recent moves.

Details

XRP, ETH, and SOL are all showing signs of major breakouts following weeks of overselling and quiet accumulation.

XRP has risen to $3.04 today, equalling a 2% gain in 24 hours and a 10% increase in a week.

The major altcoin is also up by 7% in a month, while also boasting an impressive 490% increase in a year, underlying its growth in the wake of Donald Trump’s inauguration and the end of the Ripple-SEC case.

Ethereum has risen by 2.5% in the past 24 hours, with its move to $4,487 also representing a bullish 15% increase in the last seven days.

The coin is also up by 96% in a year, giving it a good platform from which to post more gains, especially when it’s still undersold relative to recent moves.

Looking at its chart, we see that it has begun to gain strong momentum, with its relative strength index (yellow) bouncing from 30 in late September to just over 50 today.

Likewise, its MACD (orange, blue) is about to turn positive for the first time in a couple of weeks, implying that buying pressure will be ramping in the near term.

Ethereum continues to dominate the crypto ecosystem in terms of TVL (at $93.7 billion), while a growing number of firms have been establishing ETH reserves in recent weeks.

Solana has risen to $230 today, making for an 18% increase in a week and a 10% return in a month.

Also of note is the fact that Solana has risen by 67% in the past year, which is arguably not that much in comparison to other major alts (especially XRP).