Cryptocurrencies Ethereum, Ripple, Cardano, Shiba Inu and Dogecoin experienced declines this week but are showing signs of recovery.
- Ethereum (ETH) is down 11% for the week, but has recovered 10% in the last 24 hours, breaking through the $3,500 mark.
- Ripple (XRP) closed the week down 12% but recovered after finding support at 58 cents.
- Cardano (ADA) is down 20% but the 61 cent support level is holding.
- Shiba Inu (SHIB) fell 20% but found support at $0.000025.
- Dogecoin (DOGE) lost 18% but found support at 13 cents and is recovering.
Optimism is returning to the market after a difficult start to the week, and cryptocurrencies could continue to rise.
