CandleFocus Crypto Price Analysis September-06: ETH, XRP, ADA, BNB, and SOL
2024-09-06
Author: Content Editor
This week, Ethereum, Ripple, Cardano, Binance Coin, and Solana saw downward trends in their prices. Ethereum broke below key support at $2,400 and may drop to $2,000 if buyers do not step in. XRP is at a critical support level of 54 cents and may fall to 50 cents if it is broken. Cardano closed the week with a 9% loss and is close to the key support at 31 cents. Binance Coin is back at the $500 support level and may see further losses if it fails to hold. Solana fell by 8.5% and broke the $134 support level, indicating potential further drops. Overall, the sentiment is bearish for these cryptocurrencies.
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