Ethereum, Ripple, Cardano, Shiba Inu Coin and Dogecoin Weekly Report

As reported by CryptoPotato, this week we’re looking at Ethereum, Ripple, Cardano, Shiba Inucoin, and Dogecoin. The Ethereum (ETH) price correction appears to be over, but the price failed to move significantly above the key support level of $3,300. Despite this, ETH price is up 4% for the week. Overall, Ethereum remains bullish on higher timeframes, but has lagged relatively recently, including relative to outperforming Bitcoin. Going forward, Ethereum needs to break above the $4,000 resistance level to re-emerge as a contender and lead the market higher, otherwise it will remain in Bitcoin’s shadow. Ripple (XRP) remains flat, failing to break out of its range, with the price rising just 1.7% for the week. Support is at 53 cents and resistance is at 68 cents. This consolidation between key levels has been going on for months, and XRP has yet to achieve a major breakout. Going forward, XRP needs to break through resistance levels to attract back buyers. Cardano (ADA), similar to Ethereum, is trading above key support at 61 cents, with prices up 6% this week. Bullish momentum is not fully established yet, but if buyers are able to push the price away from key support, they could challenge the current 80-cent resistance level. Looking ahead, if the cryptocurrency resumes its upward trend, it could end up approaching $1, which would attract market participants and reignite price action following the recent price pullback. Shiba Inu Coin (SHIB) is back in an uptrend, with prices up 14% this week. Despite this, SHIB still lags behind Dogecoin, which has hit new highs this year. The current resistance is at $0.000037. Looking ahead, the Meme coin seems poised to hit new highs, with SHIB expected to follow in DOGE’s footsteps. Dogecoin (DOGE) is up 38.5% this week. After support at 13 cents stalled a pullback, buyers returned. Price is now at 21 cents, which is a key resistance level. Buyers need to strike again to turn this level into support. Looking ahead, Dogecoin is back in the spotlight among traders as the market speculates on how high it will rise during this bull cycle. The current all-time high price is 74 cents, which is the main goal of this oldest meme coin in the crypto market.