Dogecoin, Shiba Inu, Uniswap and Ethereum hold key levels after a dip

What happened

Ethereum trades at $2,455, just below resistance near $2,490, with strong support around $2,310, according to U.Today. The report says a daily close above $2,490 is needed to open the way to $2,600. Earlier in the week, ETH dipped to approximately $2,310 and bounced quickly. The RSI is near 40, so momentum is soft but not extreme.

Uniswap trades at $7.39, down from a high near $10.90. U.Today reports that UNI is stuck between $6.80 and $7.85 after a roughly 30% drop from its peak, and it needs a close above $7.85 to turn bullish. The RSI is near 50, meaning neither buyers nor sellers are in control.

Dogecoin trades at $0.0816 and is fighting to hold $0.0800, with resistance at $0.0860 and a close above $0.0925 needed to confirm a trend change. Shiba Inu trades at $0.00000514 below key resistance at $0.00000528, and holding the $0.00000500 level is critical to keep the pattern of higher lows alive.

Why it matters

The four coins sit near levels that analysts treat as decision points. For ETH, a close below $2,310 could break the whole support zone at once, since the orange and black lines are stacked together there, U.Today reports. The Crypto Basic says a close below $2,390.35 would expose the October 15 low of $2,313.42 and invalidate the immediate rebound setup.

Momentum data backs a cautious read on ETH. Ethereum closed October 16 at $2,420.22 on Kraken, down 0.79% from the previous daily close, and its $2,490.84 session high failed to extend the recovery. The daily MACD line stood at −38.59 against a −9.18 signal line.

What is still unclear

• U.Today puts ETH at $2,455, while The Crypto Basic cites a $2,435.07 snapshot from its October 16 report and a $2,420.22 Kraken close on October 16. The reports use different snapshots, so the exact current level is not settled.

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