This week, we take a closer look at Ethereum, Ripple, Cardano, Luna, and Shiba Inu.
Ethereum (ETH)
ETH had a mind-blowing price action in the past few days. It crashed over 15% on the news of the Russian invasion, only to recover most of that loss later on in Thursday. Nevertheless, the cryptocurrency is still found in a downtrend, and the price lost 9% of its dollar value in the past seven days.
The overall macro picture remains very much bearish, and this would only begin to change if ETH reclaims the $3,000 level, which appears unlikely at the time of this post. The support at $2,500 has held well on Thursday, but it may be retested soon.
The indicators on the daily timeframe remain bearish, and ETH appears to be at a decisive moment after this most recent relief rally. Price may jump and test the key resistance at $2,800 or fall again to the abovementioned support.
Chart by TradingView
Ripple (XRP)
Despite the nice recovery on Thursday after markets panicked due to the Russian inv
We współpracy z: https://cryptopotato.com/crypto-price-analysis-feb-25-ethereum-ripple-cardano-luna-and-shiba-inu/
