Crypto Price Action Remains Uncertain for Ethereum, Ripple, and More

Ethereum (ETH) and Ripple (XRP) both moved higher by 3% this week, but their price action remains uncertain.

Ethereum is currently facing resistance at $2,000, and a pullback seems likely if sellers regain control. Despite the relief rally, Ethereum remains in a macro downtrend, making it difficult to sustain gains beyond $2,000.

Ripple also saw a 3% gain this week but lacks momentum for a major breakout due to declining volume and market participants' hesitation since February's drop.

Cardano (ADA), on the other hand, had a positive week with a 6% increase, thanks to its head and shoulders reversal pattern. However, it needs to make clear higher lows and higher highs before confirming a reversal from its macro downtrend.