Ethereum May Outperform Its Layer-1 Rivals As SOL, ADA Risk 30% Crash

At the core of Ethereum’s strength is a bull flag formation visible on its 4-hour chart. This pattern typically precedes upward continuation, especially following strong rallies — in this case, from under $2,000 to over $2,700 earlier this month.

ETH now hovers near the flag’s upper trendline, eyeing a breakout toward $2,827, its local high.

Ethereum’s price also sits comfortably above both its 50-period and 200-period simple moving averages (SMAs), signaling a strong uptrend. Its relative strength index (RSI) has cooled to neutral levels, suggesting there is more room to rally before hitting overbought territory again.

Solana, Cardano Risk 30% Crash

In contrast, Solana and Cardano are forming rising wedge patterns on their daily charts — setups often associated with trend reversals. SOL, currently trading near $167, risks a drop toward $111 if the wedge support breaks.