Ethereum (ETH) has maintained a price above $3,000, closing the week with a 2% increase. This positive trend indicates that the market correction may be nearing its end. The current resistance level is at $3,400, and if buyers can sustain the price above this key support, another breakout attempt is likely.
Ripple (XRP) experienced flat price action, with resistance at 54 cents. Until volume returns, price action is unlikely to change significantly. XRP's price may continue to move under the key resistance at 54 cents, with good support at 50 cents.
Cardano (ADA) seems to have found support at 45 cents and is showing signs of upward movement. If the price remains above 45 cents, ADA could recover some of its April losses. Momentum indicators suggest a potential return of buyers.
Shiba Inu (SHIB) closed the week with a 3% price increase, with current resistance at $0.000025. If buyers break this key resistance, SHIB could resume its uptrend.
Polkadot (DOT) has been holding well above $6, with resistance at $7.6. Momentum indicators are curving up, suggesting a potential rally. DOT has been consolidating above key support and appears ready for its next major move.