• This week, we take a closer look at Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB) and Solana (SOL).
• Ethereum continued to move up this week and managed to book a 3.5% price increase, breaking the key resistance at $1,800.
• XRP’s rally took a sharp turn this week after it touched the key resistance at 53 cents and fell 4.6%.

Crypto Price Analysis Apr-7: ETH, XRP, ADA, BNB, SOL

This week, we take a closer look at Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB) and Solana (SOL).

Ethereum

Ethereum continued to move up this week and managed to book a 3.5% price increase. In the process, ETH broke the key resistance at $1,800 which is now acting as support. The next resistance is found at $2,000 which represents a major psychological level that will likely attract sellers and profit-takers.

Momentum continues to favor buyers at this time but it’s best to be careful considering the key resistance is not far away.

Ripple

XRP’s rally took a sharp turn this week after it touched the key resistance at 53 cents. The price fell since then and closed the past seven days with a 4.6% loss. The current support is at 43 cents.

Despite this pullback momentum continues to favor buyers and the MACD indicator remains bullish making it likely for another retest of the key resistance.

Cardano

Cardano recorded some impressive gains over Bitcoin in recent weeks as it rallied by 8%. Moreover ADA appears poised for further upside movement as long as its stays above 0.08 BTC.

Binance Coin

Binance Coin has been trading inside an ascending triangle pattern since March 25th when its trading volume spiked significantly above average levels.

Solana

Solana saw its price rise by more than 40% in just one day on April 5th as demand for SOL increased significantly.