Ethereum price action is at an inflection point. All eyes are on Ethereum to see how it reacts to the $3,500 level this week. Failure to close above could likely result in a swift return to $3,000 or even lower to the $2,500 level. But success would likely mean new all-time highs are just around the corner.
XRP price has yet to recover from the intense selling pressure on Thursday. Still, it has been able to prevent a daily close below the Kijun-Sen, maintaining the present Ideal Bullish Ichimoku Breakout. The downside risks remain but are limited in scope.
Cardano price action has developed two possible trade setups for the long and short side of the market. The most likely of the two to occur is the potential long entry, but the short entry could trigger a more damaging and drawn-out setup.
