Top cryptocurrencies to continue to keep an eye on this week: Ethereum, Binance Coin, Holo

Who’s prepared for some coin updates? Final week’s crypto rollercoaster experience noticed a $100 billion decline, sending the world wide sector cap down by 4% to $2.36 trillion. Let’s dive into the major cryptocurrencies building waves this 7 days!

Checking out Ethereum’s Journey

ETH, Ethereum’s second-biggest cryptocurrency, took a strike slipping below $3,000. Even with a rocky week, Ethereum strived for a comeback but faced relentless bearish tension.

ETH, BOME and HNT price ranges – May perhaps 12 | Source: Santiment

The rate wrestle ongoing with Ethereum starting off the week on a sour note, struggling with a 2.37% decline on Could 5. Amid numerous losses, Ethereum managed to cling to $2,935, a crucial assist stage.

Unfortunately, Ethereum bid adieu to the $3,000 mark, only recently reclaimed. Regardless of fleeting restoration attempts, Ethereum remains beneath $3,000 with a 6.4% weekly fall standing at $2,934.

Other altcoins like BOME and HNT also mirrored similar downturns, incorporating to the market’s volatility.

BOME’s Fight with the Industry

Guide of Memes (BOME), the standout meme coin, faced sector uncertainty’s brunt irrespective of previous resilience through downturns. BOME’s intriguing journey observed ups and downs, with a transfer beneath the 26-day EMA marking a tipping place.

Buying and selling higher than and beneath the EMA, BOME’s battle proceeds with lows at $.010. Will BOME hold regular or facial area more cost drops? Stay tuned!

Navigating Helium’s Drop

Helium (HNT) navigated a difficult 7 days, struggling with providing force and a 19.6% drop on Could 8. Battling to reclaim the $5 mark, HNT’s resistance amounts are currently being examined amidst growing selloffs.

With mounting selling pressure and mounting trade inflows, Helium’s journey stays unstable. Will it bounce again or confront even more dips? Hold an eye on this!

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