Crypto Blog
Ethereum had a difficult week and closed with a 10% loss. The price briefly fell under $2,400 and is currently trying to reconfirm this level as support. If it fails, then sellers may have an opening to push it lower.
If buyers do not reverse this price action in the next few days, XRP could fall much lower, with the next major support at 48 cents. At the time of this post, momentum is bearish. Looking ahead, Cardano will now require more time before it can escape the range between 32 and 40 cents, which has kept its price hostage since August.The recent market turmoil pushed SHIB into a deep correction, which caused it to close the past week with a 12% loss. Even so, the price did not make a lower low, which gives hope that this correction could soon end so that it can return to an uptrend.
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