Weekly Analysis: ETH, FLR, PENDLE, LINK, RON

Ethereum Price Prediction

Ethereum (ETH) is among the gainers this week as it posted slight gains from its previous seven-day price. As of press time, the Ethereum price stood at $2303, representing a pump of 1.4 % in the last seven days. The market cap stood at $5.6 billion.

Looking at weekly charts, bulls and bears struggled for dominance over the week, as seen from the Relative Strength Index indicator, which is now moving north as it heads for the overbought region, while the MACD indicator is also reverting towards the red zone.

ETH 1-week chart | Source: TradingView

Flare Price Prediction

Flare (FLR) is another gainer this week, posting quite a remarkable surge from its previous seven-day price. As of press time, the Flare price stood at $0.026, representing a pump of 22.7% in the last seven days. The market cap stood at $847 billion.

Looking at weekly charts, bulls dominated over the week, as seen from the Relative Strength Index indicator, which is now moving north as it heads for the overbought region, while the MACD indicator is also moving high in the green zone, showing bull dominance on the Flare price over the week.

FLR 1-week chart | Source: TradingView

Pendle Price Prediction

Pendle (PENDLE) is another gainer this week, also posting notable gains from its previous seven-day price. As of press time, the Pendle price stood at $2.9, representing a pump of 26% in the last seven days. The market cap stood at $700 million.

Looking at weekly charts, bulls dominated over the week, as seen from the Relative Strength Index indicator, which is now moving north as it heads for the overbought region, while the MACD indicator is also moving high in the green zone, showing bull dominance on the Flare price over the week.

PENDLE 1-week chart | Source: TradingView

Chainlink Price Prediction

Chainlink (LINK) is another gainer this week, making it among the top gainers. As of press time, the Chainlink price stood at $17.97, representing a pump of 25% in the last seven days. The market cap stood at $10.5 billion.

Looking at weekly charts, bulls dominated over the week, as seen from the Relative Strength Index indicator, which is now moving north as it enters the overbought region, while the MACD indicator maintained movement in the green zone, showing bull dominance on the Chainlink price over the week.

LINK 1-week chart | Source: TradingView

Ronin Price Prediction

Ronin (RON) is our last gainer this week, also posting quite an impressive surge over the seven-day price. As of press time, the Ronin price stood at $3.05, representing a pump of 22.5% in the last seven days. The market cap stood at $892 million.

Looking at weekly charts, bulls dominated over the week, as seen from the Relative Strength Index indicator, which is now moving north in the overbought region, while the MACD indicator is also moving high in the green zone, showing bull dominance on the Flare price over the week. However, the overbought conditions could mean a pullback in the coming week.