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
Ripple (XRP)
XRP continues to be flat, and its price didnât 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, XRPâs volume is in decline and has struggled to perform well lately. Until momentum and volatility return, itâs unlikely to see the price make any major moves.
Ripple (XRP)
XRP continues to be flat, and its price didnât 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, XRPâs volume is in decline and has struggled to perform well lately. Until momentum and volatility return, itâs unlikely to see the price make any major moves.
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