This week, we take a closer look at Ethereum, Ripple, Solana, Binance Coin, and Luna.
Ethereum (ETH)
ETH had a very good week, rallying over 17%. Today, the cryptocurrency broke the critical resistance at $2,800 and the price appears ready to move higher towards the next target at $3,000. This latest move higher comes after ETH retested the key support level at $2,500 yesterday.
This price action puts an end to the correction and brings certain optimism to the market. The key question is if ETH can now move beyond the $3,000 resistance. A break above this level would consolidate the most recent gains and open the door to a more significant recovery.
However, the volume on this latest push is not that impressive. As the price moves higher, the bullish momentum has to intensify, otherwise, the price could be rejected at the key resistance by the sellers. The coming week will be decisive in where ETH moves next.
Chart by TradingView
Ripple (XRP)
This past week, XRP suffered from a flat t
We współpracy z: https://cryptopotato.com/crypto-price-analysis-feb-4-ethereum-ripple-solana-binance-coin-and-luna/
