Crypto price analysis APR-14: ETH, XRP, ADA, Doge, Arb

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Diese Woche werfen wir einen genaueren Blick auf Ethereum, RippleCardano, Dogecoin und Arbitrum. Ethereum (ETH) Mit dem Erfolg des Shapella-Upgrades erholte sich Ethereum und verbuchte in der vergangenen Woche einen beeindruckenden Preisanstieg von 12,5 %. Dabei durchbrach er auch den Widerstand von 2.000 $, der nun als Unterstützung fungiert. Die Bullen waren so eifrig, dass diese Kryptowährung letzte Nacht in wenigen Minuten um über 100 Dollar anstieg. Dies machte den gesamten Altcoin-Markt bullisch und zog auch Bitcoin nach oben. Mit Blick auf die Zukunft hat Ethereum ein höheres Hoch erreicht, das seit August 2022 nicht mehr gesehen wurde. Dies deutet …
This week we take a closer look at Ethereum, Ripplecardano, Dogecoin and Arbitrum. Ethereum (ETH) With the success of the Shapella upgrade, Ethereum recovered and recorded an impressive price increase of 12.5 %last week. He also broke the resistance of $ 2,000, which now acts as support. The bulls were so eager that this cryptocurrency increased by over $ 100 in a few minutes last night. This made the entire Altcoin market Bullisch and also pulled Bitcoin up. With regard to the future, Ethereum has reached a higher high that has not been seen since August 2022. This interprets ... (Symbolbild/KNAT)

This week we take a closer look at Ethereum, Ripplecardano, Dogecoin and Arbitrum.

Ethereum (ETH)

With the success of the Shapella upgrade, Ethereum recovered and recorded an impressive price increase of 12.5 %last week. He also broke the resistance of $ 2,000, which now acts as support.

The bulls were so eager that this cryptocurrency increased by over $ 100 in a few minutes last night. This made the entire Altcoin market Bullisch and also pulled Bitcoin up.

With a view to the future, Ethereum has reached a higher high that has not been seen since August 2022. This indicates that the bear market could be over and higher levels can be expected. Nevertheless, the diagram looks somewhat overstretched in shorter periods of time, and a withdrawal to critical support by $ 2,000 is possible before bulls try to drive ETH higher.

ethusd_2023-14_15-36-12 Diagram of Tradingview

ripple (XRP)

The correction of XRP came to an abrupt stop when Ethereum recovered. As a result, he has had a respectable price increase of 5 % in the past seven days. Nevertheless, the price remains below the key resistance at 55 cents, and bulls have to do more to break it.

Since the market becomes bullish, the momentum indicators of XRP also bend upwards. The daily macd forms higher lows and a bullish crossover is likely if the buyers continue to dominate.

With a view to the future, it is likely that XRP will try to break the key resistance at 55 cents and to convert it in support. In the event of success, the course has free path up to 60 cents, where the next significant resistance can be found. The current support is 49 cents.

xrpusdt_2023-04-14_15-39-10 Diagram by Tradingview

cardano (ada)

Cardano finally managed to break the resistance of 42 cents and reach 44 cents today. This outbreak was significant and made it possible to record an increase of 14.6 % last week.

Since the buyers have full control over the price movement, the next important area that needs to be considered is about $ 0.5. The old resistance at 42 cents is now an important support, and it is unlikely that it will break when the market remains bullish.

look ahead , this cryptocurrency is in a rising channel that could drive the price much higher before the sellers return. The tendency is Bullish and Ada has to move over 44 cents in the next few days to maintain its dynamics.

Adausdt_2023-04-14_15-38-19 Diagram by Tradingview

dogecoins (doge)

After a strong drop in price, Doge returned to the upward trend this week with a price increase of 5.5 %. The Elon Musk effect was short-lived, but Dogecoin could get more attention in the future, since Twitter has received a partnership with Etoro to enable its users to buy cryptocurrencies.

Another price increase could quickly lead to the critical resistance reaching 11 cents and this level is even broken and converted into support. Such an outbreak would put this cryptocurrency into a clear upward trend.

With a view to the future, Doge continues to consolidate under the key resistance. The support is 8 cents and there is a good chance that the price will increase in the next few days.

Dogeusdt_2023-04-14_15-39-25 Diagram by Tradingview

arbitrum (arb)

arbitrum has not stopped impressing in the past few days. After some hesitation in the price movement after his Airdrop, Arb is back in the spotlight after it rose by 27 % this week. This makes Arbitrum the best performer on our list.

With the current all -time high of $ 1.6, this cryptocurrency is about to set up a new record. At the time of this article, the price moves around $ 1.5, and the ATH level acts as resistance. If it breaks, Arb will enter the pricing, which could be very Bullish.

With a view to the future, Arbitrum has a good chance of upward movement in view of the general market mood. The current support is $ 1.4, and bulls could be too aggressive to allow the price to achieve this level again.

Arbusdt_2023-04-14_15-40-55 Diagram by Tradingview

The article Crypto Price Analysis APR-14: ETH, XRP, ADA, Doge, Arb first appeared on Cryptopotato.

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