This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Tron.
Ethereum (ETH)
Ethereum’s price has been in a low volatility period, booking a modest loss of 1.7% this week. With the price under the key resistance at $1,660, the bulls appear unable to take ETH higher at this time.
The current support levels are found at $1,550 and $1,440, with the latter having the most confidence to stop sellers should they increase their pressure at these levels.
Looking ahead, Ethereum remains in a downtrend with momentum favoring the sell side. A test of the key support at $1,440 appears likely in the next few weeks if nothing changes especially if Bitcoin breaks below $25k.
Chart by TradingView.
Ripple (XRP)
XRP has been consolidating around 50 cents for a while now and closed the week with a minor loss of 1.7%. This cryptocurrency has strong support at 47 cents, which is not far from the current price. If sellers return, then this level could be tested again, similar to mid
We współpracy z: https://cryptopotato.com/crypto-price-analysis-sep-08-eth-xrp-ada-shib-and-trx/
