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.
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