CandleFocus

Crypto Price Analysis September-13: ETH, XRP, ADA, BNB, and SOL

Author: Content Editor
This summary provides an overview of the recent performance and outlook for several cryptocurrencies.

- Ethereum (ETH) has been struggling to reclaim the key resistance level at $2,400 and needs to break this resistance to reverse the downtrend. Support levels are at $2,100 and $1,800.

- Ripple (XRP) had a positive week, with a 6% price increase and the $0.54 level turning into support. Buyers dominated in terms of volume, indicating strong demand. Resistance is at $0.68.

- Cardano (ADA) saw an 11% price increase, signaling a potential end to its downtrend. However, it needs to make a higher high above $0.4 to confirm the trend reversal. Resistance is at $0.47.

- Binance Coin (BNB) has shown strength by defending the $500 support level for the third time. The price closed the week with an 8% increase and has targets at $600 and $700. It is well-positioned for an uptrend.

- Solana (SOL) had a 5% price increase but failed to break the resistance at $134. It needs to turn this resistance into support to aim for the next target at $164. Overall market sentiment will play a role in its performance.

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