ETH, XRP, ADA, BNB, and HYPE

Changelly


This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

This week, Ethereum is up 2% after buyers defended support at $2,400. As long as this key level holds, the price has a good chance to make higher highs in the near term.

Previously, sellers returned at $2,500 and pushed ETH into a pullback, which appears to be ending at the time of this post. Another test of this level could lead to a breakout and a renewed rally, as long as the buy volume supports it.

Looking ahead, Ethereum remains in an uptrend with clear higher lows. This places bulls at an advantage, which they can capitalize on by breaking above $2,500. That would also allow ETH to expand all the way to $2,800 before sellers make their presence known again.

eth_price_chart_1809271
Source: TradingView

Ripple (XRP)

XRP also closed the week in green, albeit with a modest 1% gain. Still, this allowed buyers to push it above the support at $1.3, which was momentarily lost. This recovery is a positive sign and could encourage further gains in the near future.

The recent correction was also somewhat expected considering that this cryptocurrency rallied to $1.6 in less than a week. Forming a strong base around $1.3 is also critical if XRP wants to break $1.6.

Looking ahead, XRP is forming a clear bullish pattern with higher highs and lows. If the current resistance breaks, then $2 becomes the next major target and will likely act as a magnet for buyers.

xrp_price_chart_1809261
Source: TradingView

Cardano (ADA)

ADA had a good week with an 8% rally that saw the price reverse the recent losses and return on the offensive, with the $0.23 resistance as its major target. Should $0.23 break on a renewed push, this cryptocurrency will aim for $0.30 next.

The current support is just under $0.20 and held well in the recent test. This allowed Cardano to attract new buyers, who are currently dominating the chart. The question is if sellers will return again at $0.23.

Looking ahead, ADA needs to break the current resistance to confirm its bottom under $0.15 and allow the price to expand quickly toward $0.30 and beyond. For that to happen, buyers will have to bring stronger volume.

ada_price_chart_1809261
Source: TradingView

Binance Coin (BNB)

Binance Coin closed 4% higher after buyers managed to re-confirm the support at $690. This returned confidence in the price action, which is now aiming to make a higher high and, hopefully, aim for $900 next.

This also suggests that the drop under $580 in July was a bearish trap and local low. That’s because, since then, the price has been going up only, despite any pullbacks, which are normal.

Looking ahead, it is likely that BNB will continue its rally and revisit the price levels from early 2026 at around $900. That’s where buyers and sellers will become very active, and the winner will decide how this cryptocurrency closes the year.

Source: TradingView

bnb_price_chart_1809261
Source: TradingView

Hype (HYPE)

This week, Hyperliquid concluded its correction and pumped by 11%, making it the best performer on our list. While the price did not make a new record, it’s very close to doing so and may soon move beyond $90, if this momentum persists.

Hopefully, buyers will turn $85 into a key support. That would allow the price to expand further and eventually aim for $100, which is a key psychological level that everyone is waiting for.

Looking ahead, HYPE’s rally has a good chance to continue, but it is likely to face difficulties as soon as it approaches a three-digit valuation. That’s because sellers could return there to book profits just as another record price is made.

hype_price_chart_1809261
Source: TradingView


Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.



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