Crypto Price Analysis: Explosive Surge or Major Dip? ETH, XRP, ADA, DOGE, and SHIB Under the Microscope!

By Lola Coin Jun 23, 202365Views

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This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Shiba Inu.

Ethereum (ETH)

Bulls took over the price action this week, and Ethereum booked an impressive 12.6% increase in price. The momentum shifted bullish in a matter of days, and now the expectation is for the price to continue up.

Ethereum found good support at $1,660, which acted as a pivot for the current rally. In the process, the resistance at $1,820 turned into support, and the next targets for this cryptocurrency are found at $2,000 and $2,100.

Looking ahead, ETH has a good opportunity to recover most of the losses since April and re-test the key resistance at $2,100, if buyers are successful here.

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