Crypto Price Analysis Apr-12: ETH, XRP, ADA, SHIB, and DOGE

Crypto Price Analysis Apr-12: ETH, XRP, ADA, SHIB, and DOGE

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin.
Ethereum (ETH)
Ethereum had a good week after its price increased by 7%. The support at $3,350 stopped the correction and allowed buyers to return. ETH also made a local high and appears to be consolidating above the key support.
The resistance at $4,000 remains unchallenged since early March and buyers may need more time to gather momentum before they can have another go at it.
Looking ahead, ETH must ensure its price stays above $3,350 to keep the uptrend intact. However, sellers could return to challenge that level again and any weakness there could turn the chart bearish.
Chart by TradingView
Ripple (XRP)
XRP remains in a range between 54 cents and 68 cents. The price increased by 5% this week, but it lacks the momentum to challenge the key resistance.
At the time of this post, XRP is hovering around 60 cents, which puts it in the middle of this range, and more sideways price action can be expec

Czytaj więcej

We współpracy z: https://cryptopotato.com/crypto-price-analysis-apr-12-eth-xrp-ada-shib-and-doge/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy