Breaking: ETH/USD cracks $440 for the first time since July 2018

Ethereum just crossed the $440 mark after a significant continuation move from the breakout on August 13.
ETH/USD is still currently trading at $442 with a lot of bullish momentum behind it.

Lorenzo Stroe Independent Analyst

Ethereum is clearly the leader right now while most of the major coins remain flat. The significant increase in market dominance for Ethereum has clearly been a factor. Since January 2020, the digital asset has climbed from a 7.5% dominance to a current peak of 13%. In the same timeframe, Bitcoin has lost more than 4% points.

ETH/USD daily chart

Author

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

XRP steadies in narrow range as fund inflows, futures interest rise

Ripple is trading in a narrow range between $1.45 (immediate support) and $1.50 (resistance) at the time of writing on Monday. The remittance token extended its recovery last week, peaking at $1.67 on Sunday from the weekly open at $1.43.

Crypto Today: Bitcoin, Ethereum, XRP trade within range amid low retail interest

Bitcoin, Ethereum and Ripple continue to exhibit subdued volatility, consolidating within narrow ranges at the time of writing on Monday. Persistent low retail participation and weak technical structures limit the chances of any extended upside price movements.