This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Tron.
Ethereum (ETH)
This week, Ethereum has retested the support at $1,800. Buyers showed strength and did not allow the price to fall lower, which is why ETH is found at a similar level to last week due to low volatility.
The current target for this cryptocurrency is $2,000, which is also a key psychological level. In April, ETH managed to break above it but quickly lost ground once sellers took over the price action. Another break above $2,000 would be quite bullish, but momentum is lacking at this time.
Looking ahead, Ethereum has found a good foundation to gather strength in the coming week. If buyers return to the market, then a retest of the key resistance appears imminent.
Chart by TradingView
Ripple (XRP)
XRP is in red and has closed the past seven days with a 1.5% loss. The price appears on its way to test the key support at 43 cents. This would be the second time XRP tests this support, and could turn
We współpracy z: https://cryptopotato.com/crypto-price-analysis-may-5-eth-xrp-ada-pepe-trx/