Ethereum (ETH), Polkadot (DOT), Solana (SOL), Ripple (XRP), Shiba Inu (SHIB) Price Analysis-web3.0-php.cn

Patricia Arquette

Sep 30, 2024 pm 03:16 PM

bitcoin Cryptocurrency Price Ripple

Ethereum, the second-largest cryptocurrency, also struggled to maintain its footing. ETH dropped by 1.68% in the past 24 hours and is down by 1.95% over the last seven days.

Ethereum (ETH), Polkadot (DOT), Solana (SOL), Ripple (XRP), Shiba Inu (SHIB) Price Analysis

Ethereum (ETH) price slipped further on Monday, continuing the decline observed in the past few days. ETH dropped by 1.68% in the past 24 hours and is down by 1.95% over the last seven days.

At the time of writing, Ethereum is trading at $2,625.80, showing signs of consolidation around the $2,600 support level. A key resistance to watch is $2,700. Breaking above this level could signal renewed bullish momentum.

Polkadot (DOT) price experienced a slight pullback of 2.42% today. However, the altcoin still maintains a healthy weekly gain of over 6%.

DOT price action shows strong support at $4.50. If prices remain above this level, we could see another leg up for Polkadot. A break above the $4.75 resistance could confirm a bullish trend continuation.

Solana (SOL) price dropped slightly on Monday, slipping by 0.95%. However, it remains one of the top performers this week with a 5.37% gain.

Solana price is currently holding steady above the $150 support level. A push towards $160 could reignite bullish sentiment. Traders are eyeing the $165 resistance as a key breakout level.

Among the top 10 cryptocurrencies, XRP price experienced a rise of 5.32% today. Over the past seven days, XRP has gained a solid 8.40%.

XRP’s next major resistance is at $0.70. If it manages to break this level, a push towards $0.75 could be on the horizon. The support level is around $0.62.

Shiba Inu (SHIB) price has seen a dramatic increase of 26.05% over the past week. However, it faced a significant correction today, dropping by 6.80%.

SHIB price support is at $0.00001800. A break below this could trigger further downside. The resistance is at $0.00002000, a level that must be broken for SHIB to continue its upward momentum.

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