What does the Ethereum price moving back above $4,000 mean for market participants? Some traders are watching whether the level can hold, while others focus on near-term technical signals. This article also references Digitap ($TAP), a project that positions itself as a cross-border payments solution.
Can the Ethereum Price Move Higher from $4K?
After trading below $4,000 for most of last week, the Ethereum price has moved back above this level. Some analysts are watching whether ETH will revisit $4,760 (a recent 30-day high), although price moves remain uncertain and can change quickly.
Moreover, technical indicators, including the 9-HMA, are cited by some traders when discussing trend direction in the Ethereum price. However, analyst SymDroid.ETH has shared a more cautious short-term view. In their post, they said a bounce toward $4,200 could be followed by a pullback toward $3,700 and $3,600, citing potential trend exhaustion.
They also mentioned the possibility of a rebound. Separately, some commentators have pointed to ETH ETF flows as a potential factor to watch, though any impact on price is uncertain.
Is the XRP Coin a Good Pick in Q4?
While many large-cap altcoins have been volatile, the XRP coin has remained below $3 in recent trading. It has hovered around $2.8, and some traders are watching whether $3 becomes a key technical level again.
Moreover, according to CoinMarketCap, trading volume in the last 24 hours increased by over 10% to $3.3 billion. Dark Defender, a crypto analyst with over 140,000 followers on X, has said the XRP coin looks oversold and that a “falling wedge” pattern could resolve higher.
In their post, they referenced potential upside targets of $4.17 and $5.85. These types of targets are speculative and not guarantees. With a market cap around $170 billion, XRP also differs significantly in scale and risk profile from smaller projects.
Digitap ($TAP): Project overview
Digitap ($TAP) is presented by the project as operating at the intersection of traditional finance and DeFi, with a focus on cross-border payments. Project materials describe an “omni-bank” concept that would provide deposits, transfers, and withdrawals across fiat and crypto from a single interface.
The team also describes near-instant transfers and settlements and states that fees could be below 1%, though these claims should be treated as project-reported and may change depending on implementation and market conditions. The project has also described a staged token sale with a quoted starting price of $0.0125, but token-sale terms and pricing are subject to change.
What’s next for ETH and XRP?
In the near term, ETH and XRP pricing will likely continue to reflect broader crypto market conditions, liquidity, and investor risk appetite. Readers should distinguish between market commentary and marketing claims made by individual projects, particularly when token-sale participation is discussed.
Project website (for reference): https://Digitap.app
Social (for reference): https://t.me/digitap_app
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
