Why Did XRP Go Sideways While Ethereum Surged 5% Today?

Ethereum (CRYPTO: ETH) surged 5% on Wednesday, while XRP (CRYPTO: XRP) stayed locked inside a tightening range that traders say is setting up for a binary move.

Ethereum Extends Recovery After Reclaiming Key Levels

ETH Price Action (Source: TradingView)

Ethereum trades near $3,110 after a strong rebound from the recent lows around $2,620. 

The move marks one of its sharpest recoveries since November began. 

Buyers turned more aggressive after price reclaimed the $3,016 Fibonacci 0.382 level, which improved short-term sentiment.

The rally carried ETH into a liquidity zone between $3,100 and $3,140, a region that has rejected several attempts in the past month. 

The broader trend still faces pressure from overhead resistance. 

The first major test sits near $3,205, …

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