๐Ÿ”ฅCrypto Price Analysis May-10: ETH, XRP, ADA, SHIB, and DOT


๐ŸŒ Ethereum (ETH) closed the week above $3,000 with a 2% increase, suggesting a potential end to the correction. Buyers are supporting the price above $3,000, eyeing a breakout above the $3,400 resistance for a bullish turn. The bias is neutral, but a move above $3,400 could signal a bullish trend.

๐Ÿ“ˆ Ripple (XRP) experienced flat price action, hovering below 54 cents. Buyers struggle to break resistance, with indicators remaining flat post-April crash. Volume decline indicates buyer and seller indecision. XRP may stay under 54 cents, finding support at 50 cents if selling pressure intensifies.


๐Ÿ”„ Cardano (ADA) found support at 45 cents after a challenging May start, closing the week with a 3% gain. ADA could recover losses from April's drop if it holds above 45 cents and establishes new highs above 50 cents. Momentum indicators suggest potential buyer return.


๐Ÿš€ Shiba Inu (SHIB) closed the week up by 3%, facing resistance at $0.000025. Support holds at $0.000022. A higher high is needed for a reversal after a downward trend since late March. Breaking key resistance could resume SHIB's uptrend and end the current correction.

๐Ÿ”ต Polkadot (DOT) remains above $6, aiming to break resistance at $7.6. Price consolidation may turn bullish with upward-curving momentum indicators. DOT's next move is awaited, likely influenced by market leaders. Watch closely for market direction hints.