This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon.
Ethereum (ETH)
Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820.
The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell under it every time.
Looking ahead, ETH seems likely to continue to range above the key support until the market forces push for a breakout. Considering that bears have the upper hand right now, do not exclude a possible test of the key support at $1,820.
Chart by TradingView
Ripple (XRP)
XRP has managed to maintain its most recent gains, booking a modest 3% loss as the price consolidates above the key support at $0.68. While most altcoins entered a deeper correction, XRP is holding quite well at current levels.
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We współpracy z: https://cryptopotato.com/crypto-price-analysis-july-21-eth-xrp-ada-sol-and-matic/
