Ethereum (ETH):

Ethereum maintains its position above $3,000 with a slight increase in price over the week. This suggests a possible end to the correction period, as buyers consistently support the price when it dips below $3,000. The current hurdle is at $3,400, last tested in April, where sellers resisted a breakout attempt. The market is expected to consolidate until a decisive move is made, with a bullish outlook if ETH surpasses $3,400.

Ripple (XRP):

Ripple experienced another week of stagnant price movement, similar to the previous week. The resistance remains at 54 cents, with buyers unable to push through despite recent efforts. Flat indicators and declining volume indicate a lack of conviction from both buyers and sellers, suggesting little change until volume returns. XRP may continue trading below the resistance at 54 cents, with support at 50 cents if selling pressure increases.

Cardano (ADA):

After a challenging start in May, ADA appears to have found support at 45 cents and closed the week with a modest price increase. If the price holds above 45 cents, ADA could recover some losses from April. Momentum indicators hint at a potential return of buyers, contingent on the price surpassing 50 cents to confirm their presence.

Shiba Inu (SHIB):

SHIB mirrored ADA's 3% price increase for the week. The primary obstacle for bulls is the resistance at $0.000025, while support holds steady at $0.000022. A reversal confirmation would require SHIB to establish a higher high, as it has been making lower lows and lower highs in recent months. Breaking the key resistance could signal a resumption of the uptrend.

Polkadot (DOT):

DOT remains above $6 and aims to overcome the resistance at $7.6. Its price level is similar to last week's, with signs of bullish potential if DOT breaks higher. Neutral bias persists, but upward-curving momentum indicators hint at a possible rally in the future. DOT appears poised for its next significant move, likely following the market leaders closely for cues.

In summary, the cryptocurrency market shows mixed movements with Ethereum potentially poised for a bullish breakout, while Ripple and others continue to navigate resistance levels with varying degrees of conviction from traders.