The post ETH, XRP, ADA, SHIB, and DOGE appeared on BitcoinEthereumNews.com.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase. Buyers remain interested and managed to push the price above $2,600. The current target is $2,800, which will also act as key resistance. Momentum slowly turned bullish in September, and the price escaped the downtrend that started in March. This has brought back optimism to the market, and ETH stands to benefit from it as well. Looking ahead, the price is well-placed to test the current resistance in the near future. If, for any reason, sellers return, then ETH has good support at $2,400. Chart by TradingView Ripple (XRP) XRP continues to be flat, and its price didn’t move at all compared to last week. This is a bit unusual, especially when compared to the overall market, where Bitcoin and most altcoins, particularly meme coins, are making higher highs. The price is stuck just under 60 cents, and buyers were unable to break it in September. If the bulls manage to do that, momentum could return to this cryptocurrency. Looking ahead, XRP’s volume is in decline and has struggled to perform well lately. Until momentum and volatility return, it’s unlikely to see the price make any major moves. Chart by TradingView Cardano (ADA) ADA had a great week after closing with a 12% increase. This momentum comes after buyers managed to break above 36 cents, which kept the price in check for most of this month. At the time of this post, bulls are trying to confirm the 40 cents level as key support. If they are successful over this coming weekend, then Cardano has a great shot at moving higher to the next key target, 48 cents. Looking ahead, momentum favors a continuation…

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Filed under: News - @ September 27, 2024 1:24 pm