ETH, XRP, ADA, SOL and DOGE

This week, we will examine Ethereum, Ripple, Cardano, Solana and Dogecoin in more detail.

Ethereum (ETH)

Ethereum ends a strong week with an impressive 21% price increase above $3,000. Such a rally has not been seen in months. This is bringing optimism and excitement back to the ETH ecosystem after a difficult period since March.

The most important level on this chart is the support at $2,880, which serves as resistance. Finally, the buyers were able to break through, and the path is now very high for Ethereum, with the next key resistance found at $3,350.

Looking ahead, ETH is showing signs of strength that has not been there for many years. This renewed interest in the market could push it into a sustained rally to challenge the March high of $4,000 and the $4,800 high since 2021.

Ripple (XRP)

This is good news for XRP, as the price has risen above 54 cents, which is now acting as a support. This allowed the week to rise by 7%. Its momentum isn't as strong as Ethereum's, but it's picking up praise because buyers are returning.

The volume of purchases has started to increase, this may indicate that the cryptocurrency may enter a sustained rally that may challenge the resistance of 60 cents next.

Looking ahead, XRP is a momentum coin, and sooner or later, its price will aim to catch up with other altcoins like ETH or SOL that are currently ahead.

The Cardano community is celebrating an amazing week after their favorite altcoin rallied 22%. This performance allowed the price to break above 40 cents, which is the current support.

As shoppers return, the ADA seems poised to challenge the 50-cent protest that has caused some problems in the past. However, as long as the overall market remains bearish, this cryptocurrency may enter a sustained recovery.

Looking ahead, the Cardano crash is over, and buyers are buying again for the first time since March. Hopefully, this will last for a good time, so the price can return to the levels from the beginning of this year.

Solana (Sun)

Solana had a good week after closing with a 20% gain. This allowed it to move above $200 for the first time since March. The price action is aggressive, and higher levels are likely ahead. Current support is at $180.

Resistance is at $206 and could challenge buyers next week. Regression should not be abandoned at this stage.

Looking ahead, Solana needs to move above $206 to maintain the momentum. Any weakness gives sellers an opportunity to take over.

Dogecoin (DOGE)

DOGE is the best performer this week, with a 26% rally. This meme coin is coming back into the spotlight, and the price is showing under the key resistance of 21 cents.

With buyers returning to the DOGE, the chart has formed a clear bullish pattern that appears to be just beginning. As soon as the 21 cents level falls, the price will clear at 31 cents, which will be the next key resistance.

Looking ahead, Dogecoin is poised to do well in the coming weeks as the focus shifts to the father of Mimi coins. The current all-time high is at 74 cents, which could be a target if DOGE moves above 50 cents.