Ethereum, Uniswap, Dogecoin and Shiba Inu trade in key ranges as market stalls

Major altcoins are consolidating within established ranges after sharp moves in September and early October. Ethereum (ETH), Uniswap (UNI), Dogecoin (DOGE), and Shiba Inu (SHIB) are all attempting to reclaim lost ground, but resistance remains strong across the board. Ethereum is trading at $2,455 after losing altitude from late September highs near $2,800. The price sits below a key resistance level around $2,490, while support has formed at $2,310. A bounce from that support earlier in the week, coupled with high trading volume, showed increased buying interest and kept sellers from driving the price lower. The relative strength index (RSI) has dipped to 40, indicating weak but balanced momentum. A daily close above $2,490 could open the path to $2,600, with further resistance near $2,700.

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