CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Crypto Price Analysis Oct-6: ETH, XRP, ADA, SHIB, and SOL

06.10.2023
A A
0
124
VIEWS
ShareShare

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Solana.

Ethereum (ETH)

Ethereum’s attempt to move above $1,660 was quickly stopped by sellers and the price has returned to the key support trend line. For this reason, ETH closes the week with a 2.5% loss.

The momentum indicators remain bearish and the lack of buyers is starting to put a lot of pressure on its support at $1,550. Worst yet, ETH’s ratio vs BTC has been bearish for over a year now and this does not seem likely to end soon. This applies additional sell pressure on the price.

Looking ahead, if bulls don’t show up soon, the price could fall off this large ascending triangle which would be a bearish signal that can lead to a significant drop.

Chart by TradingView.

Ripple (XRP)

XRP had a good week, with the price attempting to reach the resistance at 57 cents. However, sellers came in early to stop this move, and now the price is found in a corrective phase. Despite this, XRP still managed to book a 2.5% price increase.

What this shows is that bulls are starting to get eager. The momentum indicators are also turning up, and the MACD on the 3-day timeframe did a bullish cross this week. This could signal the start of a possible rally.

Looking ahead, if the resistance at 57 cents breaks, then XRP could run much higher and towards 68 cents. The current support at 47 cents continues to hold well.

Chart by TradingView.

Cardano (ADA)

Cardano finally managed to move above 25 cents, and the price has been rallying ever since confirming this level as support. This allowed the price to close the week with a 5% increase.

The next resistance on the chart is found at 28 cents. If this momentum is maintained, then ADA could reach this later next week. This is a welcomed change in the price action since Cardano has been stuck in a downtrend for the past three months.

Looking ahead, ADA has a good opportunity to capitalize on these recent gains and push higher, provided that the overall market does not turn bearish.

Chart by TradingView.

Shiba Inu (SHIB)

In contrast to ADA, SHIB has failed to break away from its current range and remains in a flat trend with little volatility and volume. It also lost 2.3% of its valuation this week.

This price action is likely to continue as long market as participants don’t return to Shiba Inu. There is simply no conviction to break the current support at $0.0000070 or the resistance at $0.0000075.

Looking ahead, SHIB appears to struggle to attract any buyers at this time, and it’s unclear if this will change anytime soon.

Chart by TradingView.

Solana (SOL)

Solana decided to take a break this week and did not make a second attempt to break the resistance at $25. Nevertheless, it still managed to book a 15.6% price increase, making it the best performer on our list.

There is good support at $22, and buyers should return there if the price continues its current correction. Overall, SOL remains in a clear uptrend, and it could try to break the resistance at a later time after this pullback ends.

Looking ahead, Solana still has a good opportunity to explore higher levels later in October. The current targets on the chart are $25, $28, and $30.

Chart by TradingView.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.

Share10Tweet6ShareSharePin2

Related Posts

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York
All news

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
0

New York State Senator Liz Krueger has introduced a bill targeting crypto mining operations that consume large amounts of electricity,...

Read moreDetails
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

03.10.2025
XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

03.10.2025
Load More
Next Post
Binance spot market share drops for 7th consecutive month: Report

Binance spot market share drops for 7th consecutive month: Report

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Analysts Weigh In: Is It Altcoin Season Yet? It Seems Not

Analysts Weigh In: Is It Altcoin Season Yet? It Seems Not

11 months ago
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

2 years ago

Ripple’s Singapore Subsidiary Secures Full Payments License from MAS

2 years ago

Coinbase is About to Go to Court With the SEC: Brian Armstrong

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Will a Europe-US BTC reserve race actually happen?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

Why is Bitcoin near all-time highs? Everything that happened in crypto today

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

Trending

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York
All news

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
0

New York State Senator Liz Krueger has introduced a bill targeting crypto mining operations that consume large...

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

03.10.2025
Will a Europe-US BTC reserve race actually happen?

Will a Europe-US BTC reserve race actually happen?

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz