Ethereum, Ripple, Cardano, Shiba Inu and Dogecoin market analysis
As reported by CryptoPotato, this week we’re looking at Ethereum, Ripple, Cardano, Shiba Inucoin, and Dogecoin. Ethereum (ETH) topped $4,000 this week with prices up 5%, but sellers appear eager to return and push the cryptocurrency back. If it fails to break the $4,000 resistance quickly, the price could drop to the key support at $3,345. Ripple (XRP) rose to 74 cents last week, a 9% price increase, before entering a correction. Bulls and bears are currently battling it out at the 68 cent level. Cardano (ADA) is performing well, with prices up 7% this week, with target and resistance at 85 cents. Shiba Inu Coin (SHIB) consolidated below the key resistance at $0.000037 and registered an 8% price gain. Dogecoin (DOGE) is the best performer this week, leading the list with a growth of 23%. It has similar momentum to SHIB and is expected to attempt to break above the 21-cent resistance level soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethena Labs partners with Anchorage Digital, which will provide platform rewards for USDtb and USDe
Bitcoin miners are shutting down machines due to declining hash revenue

XMAQUINA initiates TGE-related voting, proposing a community sale of up to 110 million DEUS tokens