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Ethereum, Ripple, Cardano Show Steady Gains Amid Market Optimism

Major cryptocurrencies Ethereum, Ripple, and Cardano have demonstrated sustained price growth this week, maintaining critical support levels amid positive market sentiment. The upward movement signals potential for continued expansion across altcoin markets.

Ethereum (ETH) consolidated above the crucial $2,400 support level, registering a 2% weekly gain. This stability suggests potential momentum toward the $3,000 price threshold in the near term.

Ripple (XRP) mirrored this positive trend with a 2% weekly increase. CEO Brad Garlinghouse emphasized the cryptocurrency’s resilience against regulatory challenges while confirming ongoing network expansion initiatives.

Cardano (ADA) exhibited modest gains while maintaining price stability. The project’s persistent focus on technological enhancements and ecosystem development continues to underpin its market position.

Solana (SOL) contributed to the bullish altcoin sentiment by holding above the $147 support level, demonstrating notable recovery strength.

The broader cryptocurrency market reflects diversification patterns, with Bitcoin’s consistent performance driving increased investment toward altcoins including Ethereum and Ripple.

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