Crypto Price Analysis May-13: Ethereum, Ripple, Cardano, Solana, and Shiba Inu

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Shiba Inu. Ethereum (ETH) Ethereum had crashed this past week, with the largest selling volume taking place on Thursday when the price reached its lowest level in 2022 at $1,700 (on Bitstamp).

Timeline of Cardano, Ethereum, Shiba-inu, Solana, Xrp

Ripple (XRP) prices tracked a broader recovery in crypto markets, ahead of an update in the Securities and Exchange Commission (SEC) case. The token rose 21% ahead of a response from the organization to another attempt by the SEC to block the release of internal memos crucial to the case.

It might be Friday the 13th, but the real scare for many bulls probably came a day earlier, when Bitcoin dropped below $27,000. However, as Bitcoin hit $30k again and the top ten cryptos by market cap fell into formation, here's how the seventh biggest asset was doing.

Ethereum gas prices surge as the traders are looking for stablecoin exits and the prices are looking to quadruple over the past two days because of the stablecoin transactions so let's read more today in our latest Ethereum news today. The Ethereum gas prices surge and they could double once again today, as per the

Investors trying to diversify their portfolios are flocking to the leading cryptocurrencies. However, now that many developing businesses are embracing cryptocurrencies as valid forms of [.

Bitcoin price climbed above the USD 30,000 resistance level and is currently (11:45 UTC) consolidating gains above USD 30,500. BTC jumped almost 7% in a day, trimming its weekly losses to less than 17%.

Yesterday, the price of Ethereum (ETH) plunged to a low of $1,763 as bulls bought the dips. Today, the largest altcoin is in an upward correction with the market reaching a high of $2,148. For the uptrend to continue, the bulls need to break above resistance at $2,201.

Today, the price of Ripple (XRP) is in a downward correction as the cryptocurrency peaks at $0.46. Yesterday, the altcoin fell to the low of $0.33 as the bulls bought the dips. Buyers defended the current support from further decline in the last 24 hours.

Solana price analysis for today shows the prices have entered a bullish trend for the past 24 hours. The prices have been trading above the $50.21 support level and are currently facing resistance at $53.3.

The ADA/USD price shows recovery after going through a massive loss yesterday, as per Cardano price analysis. The price stooped as low as $0.471 from $0.631 in a heavy sell-off that lasted for the past two days.

Shiba Inu price analysis for today is bearish as the market has failed to break out of the descending triangle pattern. The $0.00002764 resistance is still in play and if the market fails to break out of it, we could see a further decline towards the $0.00000917 support.