Ethereum (ETH) recorded a 2% weekly gain, yet the price remained trapped below the $1,800 resistance level, signaling that sellers are holding the line.
Ethereum Stagnates Between Key Levels
With the upward momentum halted, ETH now oscillates between a $1,500 support floor and a $1,800 ceiling. Investors watching the blockchain asset see the range as a test of market sentiment. A breach below $1,500 could trigger a descent toward $1,400 and potentially $1,100, reviving concerns about yearly lows.
Ripple Struggles at $1.30 Barrier
Ripple (XRP) ended the week 1% lower after the price failed to sustain a break above the $1.30 resistance, prompting a pullback toward the $1 support zone. The crypto’s chart shows diminished buying pressure, allowing sellers to dominate the trade. Should XRP hold at $1, the next phase of market activity may hinge on renewed investor confidence.
Cardano Slides Below Crucial Support
Cardano (ADA) slipped 4% over the past seven days, losing its $0.24 support level and prompting a notable contraction in market capitalization. The decline reflects heightened caution among crypto investors as the blockchain platform faces renewed pressure. If the price continues downward, further erosion of ADA’s market position appears likely.