Weekly Cryptocurrency Market Analysis: Altcoins Continue The Rally; The Recovery Gets Underway
Submitted by Anonymous (not verified) on Tue, 05/06/2025 - 17:00The altcoins that performed best last week have rallied above their moving average lines.
The altcoins that performed best last week have rallied above their moving average lines.
The price of Dogecoin (DOGE) has finally pulled back above the moving average lines after encountering resistance at $0.19.
Solana (SOL) is currently trading above the moving average despite being rejected at the high of $156.
The price of Shiba Inu (SHIB) has retreated and regained support above the moving average lines, continuing its uptrend.
Ethereum has regained its positive momentum since April 26 by breaking above the moving average lines.
The price of Avalanche (AVAX) has resumed its uptrend after retracing above its moving average lines.
The price of XRP has finally risen above the moving average lines after falling below them on April 30. Price analysis by Coinidol.com.
The BNB price has bounced above the moving average lines after failing to break above resistance at $620.
Bitcoin (BTC) is trading above its recent high and current support as it targets the $100,000 psychological price level.<br />
The price of Cardano (ADA) rose back above the moving average lines on April 23.
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