Ethereum ($ETH ETH) price climbed to $2,161 on Wednesday, March 4, while XRP rose 5.1% to $1.43 on Thursday, March 5, with the entire crypto market catching a bid as Bitcoin surged past $73,000 and extended its recovery from the Iran war lows near $63,000.
The catalyst is a combination of deeply negative funding rates being flushed out, $1.4 billion in Bitcoin ETF inflows over five days led by BlackRock's IBIT, and Clarity Act speculation lifting altcoins broadly.
The wider geopolitical picture following the US-Israel strikes on Iran and the Strait of Hormuz closure has not resolved, but markets are shifting from crisis pricing toward consolidation.
In this article, I will examine why Ethereum is going up and how low $XRP XRP can still go, analyzing both ETH/USDT and XRP/USDT charts and checking the newest XRP price predictions, based on my over a 15 years’ experience as an analyst and retail investor.