This Friday, we delve into the performance of Ethereum, Ripple, Cardano, Binance Coin, and HYPE in the markets.

Ethereum (ETH)

Ethereum experienced a 2% increase this week, but the overall trend remains bearish, with $1,800 acting as a critical support level during this downturn. For a potential reversal, ETH must hold above this level.

Ethereum Price Chart

Source: TradingView

Ripple (XRP)

XRP bounced back from a sharp fall and closed the week with a 6% gain. However, it appears likely that this uptick may be temporary as the downward trend persists.

Ripple Price Chart

Source: TradingView

Cardano (ADA)

Cardano has struggled recently, showing a 38% loss over the past month but managed to record a small 4% gain this week. The critical recovery point is above 30 cents, or it risks significant further declines.

Cardano Price Chart

Source: TradingView

Binance Coin (BNB)

BNB has reached the key support level of $580. The market’s reaction here is crucial to determine the next price action.

Binance Coin Price Chart

Source: TradingView

HYPE (HYPE)

HYPE suffered an 11% loss due to its inability to maintain above $36. Nevertheless, support around $30 is holding, giving buyers a chance to push for higher prices.

HYPE Price Chart

Source: TradingView