๐Hey there, Bitcoin enthusiasts! ๐Let's take a quick look at the crypto market, focusing on Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot.
๐Ethereum (ETH) is on a slow and steady climb, moving sideways with a modest 1.5% price increase this week. Bulls are trying to push ETH above $3,900, but the $4,000 resistance is proving tough to crack. But hey, patience is a virtue, right? ๐ข
๐Ripple (XRP), on the other hand, is playing hard to get with no major moves this week. The key resistance at $0.54 is still unbroken, and until that happens, it's unlikely for market participants to return to Rippleโs native token. ๐
๐Cardano (ADA) closed the week with a 3% loss and continues to struggle with the resistance at $0.46. If the price action remains bearish, then ADA could slowly drift toward $0.37. ๐
๐Shiba Inu (SHIB), the meme coin, is the star of the week with an 8% increase! The price moved above $0.000025, which has now turned into support. If successful, buyers could see this meme coin break $0.00003 in June. ๐
๐ดPolkadot (DOT) tried again to break above the resistance at $7.6, but sellers rejected it. The price closed the week in red with a 2% loss. If buyers donโt return soon, the price could re-test the key support at $6.4. ๐ฌ
That's all for now, folks! Stay tuned for more updates and keep your eyes on the prize! ๐๐