Let's dive into the whirlwind world of crypto this week, featuring the heavy hitters: Ethereum, Ripple, Solana, Dogecoin, and the rising star, SUI.
Ethereum had a pretty fantastic week, sky-rocketing by 9% as buyers took the reins on Monday. Although the price has taken a breather and is moving sideways, those bullish folks aren't quite done yet. They're likely gearing up for another charge, with their eyes set on $2,870. But watch out! Sellers might be lurking there, eager to regain control. If the bulls can smash past this resistance, it'll be a smooth sail towards the $3,000 mark.
Ripple, or XRP, played the quiet underdog this week, sneaking in a modest 3% increase. It held its ground above 54 cents but didn't make any dramatic moves. Yet, if the market stays optimistic, Ripple could make a leap towards the 60-cent mark. Breaking that could lead to a sprint towards 68 cents, a critical barrier to watch.
Solana mirrored Ethereum's 9% climb but couldn't quite conquer the $164 resistance mountain. This level has been a tough nut since August, but the price is making higher lows, hinting at a bullish undercurrent. If Solana breaks through, it sets its sights on the $200 milestone once more.
Dogecoin stole the spotlight with a jaw-dropping 24% rally! This meme coin broke past 10 cents, and now it's eyeing the 13.5-cent resistance. If the momentum continues, Dogecoin could soon make a dash towards the 20-cent milestone, joining the ranks of other meme coins that have been on a tear recently.
Lastly, SUI made headlines with a sparkling new all-time high at $2.36. Although it faced some selling pressure afterward, it still wrapped up the week with a solid 10% gain. This pullback might find support around $1.9, where eager buyers could be waiting to pounce. SUI's record-breaking performance puts it in an elite group of altcoins, possibly setting the stage for even higher climbs, with $2.5 and $3 as tantalizing targets.
Keep your eyes peeled, folks—this crypto rollercoaster ride isn't slowing down anytime soon!
