đHey there, Bitcoin enthusiasts! Let's take a quick look at the crypto market, focusing on Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot.
đ„Ethereum is on fire! After a nearly 30% price surge, it's consolidating around $3,800. The ETF approval news has turned the tide in favor of ETH, and we might see it break the $4,000 resistance soon.
đRipple, on the other hand, is playing it cool, moving sideways under $0.54. It's up 3% this week, but we're yet to see a trend. The SEC lawsuit needs to be resolved before we can expect any major moves.
đŻCardano is trying to hold the fort at $0.46. It's up 2% this week, but the bulls and bears are in a tug-of-war. The momentum is with the buyers, but the sellers aren't giving up easily.
đShiba Inu is flatlining, but that's not necessarily bad news. It means the downtrend has ended, and we might see an uptrend soon. The key resistance is at $0.000025.
âĄPolkadot is wrestling with the $7.6 resistance. It's up 2.7% this week, but it needs to break higher to return to an uptrend.
đźLooking ahead, the market is somewhat bullish, especially if ETH continues its upward trajectory. So, keep your eyes peeled, folks! đ