đ **Weekly Cryptocurrency Analysis**: Ethereum, Ripple, Cardano, Shiba Inu and Dogecoin
đ **Ethereum (ETH)**:
- Price down 7%, testing critical support at $3,350.
- If support fails, potential drops below 3,000 USD.
- The rally from October 2023 could top $4,000, signaling a significant correction.
- Critical support at $2,800.
đ **Ripple (XRP)**:
- Experiencing a 7% decline despite managing to overcome resistance above 68 cents.
- Major support at 54 cents could prevent a correction.
- The trend is still moving sideways with uncertain direction.
âš **Cardano (ADA)**:
- Prices fell below key support at 61 cents, ending the week down 10%.
- Next key support at 46 cents.
- The downtrend may continue until a critical support level is reached.
đ **Shiba Inu (SHIB)**:
- Ended the week with a loss of 17%, worst performance.
- Current support at 0.000025 USD.
- Price is likely to test the support level before potentially reversing.
đ **Dogecoin (DOGE)**:
- Price decreased by 16% due to seller's control.
- Support at 17 cents, likely drop to 15 cents.
- Market correction affects meme coins like Dogecoin.
đĄ **General Market Sentiment**: A clear correction phase across the market, impacting both main and meme cryptocurrencies. Traders are advised to exercise caution and closely monitor key support levels.
Stay informed and trade wisely! đđ
#XRP/USDTđ„đ„: #ETHđ„đ„đ„ #Dogeco