This Friday we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid to assess recent price action and near-term outlooks.
Ethereum (ETH)
Ethereum finished the week lower, dropping about 6% after breaking down from its ascending channel. That bearish break raises the possibility of a revisit to the $2,000 support level in the coming days.
If $2,000 fails to hold, the next defensive area for buyers is around $1,800, a zone that has historically offered meaningful support despite selling pressure. Immediate resistance sits near $2,400, a level that has repeatedly capped rallies.
On higher timeframes, momentum currently favors the downside, increasing the likelihood of lower lows. However, sell volume during the breakdown has been diminishing, suggesting bears may be losing conviction. If bearish momentum stalls, bulls could re-emerge around $2,000 and attempt to stabilize the market.
Ripple (XRP)
XRP lost roughly 7% for the week after sellers stepped in near $1.50 and forced a retreat. Bears appear to be in control and could push price below the blue pennant pattern shown on the chart, which would reconfirm the downtrend and increase the chance of new lows.
Key support levels to watch are $1.20 and $1.00; a break below the pennant would make tests of those areas more likely. Immediate resistance is around $1.60, which has so far prevented any sustained breakouts.
The broader downtrend that began in July 2025 remains intact. Until XRP can convincingly clear $1.60 — and ideally challenge $2.00 — it will be difficult to argue that a durable bottom or trend reversal has formed.
Cardano (ADA)
Cardano attempted a rally but failed to sustain gains, closing the week down about 6% after being rejected at resistance near $0.28. The price subsequently retreated toward the important support zone at $0.24.
If buyers do not step in soon, another test of $0.24 would signal continued weakness. ADA has been rangebound above that level for months and has not managed a decisive breakout higher.
The token is walking a narrow path; a decisive break below $0.24 could open the door to lower targets at $0.20 and $0.15 — levels not seen since 2021. Until bullish conviction returns, downside risk remains elevated.
Binance Coin (BNB)
BNB remains in a prolonged sideways range, trading between support at $580 and resistance at $690. Two recent attempts to break above $690 were rejected, contributing to a roughly 4% weekly decline.
Absent renewed buying pressure, the price is more likely to drift lower toward the $580 support. A decisive break beneath that level would expose BNB to a move toward $500 as sellers regain control.
The longer-term downtrend that started after the October 2025 peak near $1,300 is still in place. This sideways action may simply be a consolidation phase before lower lows resume, unless buyers can reclaim and hold higher levels.
Hype (HYPE)
HYPE was the standout performer this week, surging roughly 30% to set a new record near $62.50. The rally accelerated after clearing resistance around $43 and has continued upward momentum since.
This run has made HYPE one of the few altcoins to roughly triple from January lows near $20, delivering strong gains while much of the market remained under selling pressure.
After reaching the $60 area, a short-term pullback is possible, with support likely around $52. That level may not be tested if bulls remain aggressive and push prices even higher, but traders should be prepared for a corrective move after such a rapid advance.