Crypto Price Analysis: A Closer Look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin

Crypto Price Analysis: A Closer Look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin

This week’s crypto price analysis focuses on Ethereum (ETH), Ripple (XRP), Cardano (ADA), Shiba Inu (SHIB), and Dogecoin (DOGE). After a significant market correction of 20%, Ethereum shows signs of recovery with a 10% price increase. It has tested the support level at $3,300 and risen above $3,500. If Ethereum can surpass the $4,000 mark, it might aim for its previous all-time high at $4,867. Ripple, despite experiencing a 12% loss, found support at 58 cents, and currently faces resistance at 68 cents. Should market sentiment turn positive, Ripple might attempt to breach the resistance level once again. Cardano, which also suffered a 20% price slump, found support at 61 cents. As long as Cardano maintains above this level, a bounce back is highly probable. Similarly, Shiba Inu experienced a 20% price fall but found substantial support at $0.000025, with resistance at $0.000037. Dogecoin, after an 18% crash, found support at 13 cents. If the buying pressure sustains at this level, Dogecoin could possibly resume its uptrend. Despite a severe market-wide correction, the crypto price analysis suggests a potential revival. This ‘crypto price analysis’ reflects the market’s resilience and the potential for recovery, even in the face of significant setbacks.

Not financial advice. Always be safe and secure when dealing with cryptocurrency. Never send anyone your private key. Always Do Your Own Research..DYOR..DYOR..DYOR!

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