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 fell about 6% this week after sellers pressured the $2,000 support level. At the time of writing, that level is barely holding. Another bearish push could flip $2,000 into resistance and accelerate losses.
If $2,000 is decisively broken next week, buyers are likely to retreat toward the next support area around $1,800. That zone previously halted the decline, but another drop to $1,800 would increase the risk of a larger breakdown and deepen bearish sentiment.
Overall, ETH remains in a downtrend with negative market sentiment. Unless buying pressure returns, the path of least resistance points to further downside throughout the summer of 2026, with new lows possible as sellers stay in control.
Ripple (XRP)
XRP closed the week down about 4%, slipping below a blue pennant pattern that now acts as resistance. Sellers are defending the $1.40 area, while key supports sit near $1.20 and $1.00, where buying interest could re-emerge.
If the current weakness persists, XRP is likely to revisit those support levels in the coming weeks. Sellers have dominated price action for more than three weeks, and relief rallies have been short-lived so far.
Looking forward, XRP faces a challenging environment after an extended downtrend approaching a year. Without meaningful, sustained rallies, the market remains vulnerable—$1.00 looks like a primary candidate for a potential bottom if selling pressure continues.
Cardano (ADA)
Cardano entered risky territory this week after price pierced the longstanding $0.24 support. While it is early to draw definitive conclusions, this breach may signal a loss of confidence as ADA moves toward new multi-year lows.
ADA finished the week down roughly 7% as sellers continued to push prices lower. The $0.24 level had provided several months of support, but this latest move suggests the support may have been compromised.
If $0.24 flips to resistance in the days ahead, ADA could target levels not seen since 2021. Potential downside targets include $0.20 and $0.15 if the bearish momentum persists and buyers fail to step in.
Binance Coin (BNB)
Binance Coin continues to underperform, repeatedly failing to break the $690 resistance. BNB has been trading in a range for months—bouncing between roughly $580 support and $690 resistance—and closed the week down about 3%.
Absent a clear breakout, BNB risks making lower lows as the broader market bias remains bearish. Sellers appear to hold the edge, and if the current support breaks, the next meaningful target for bears would be around $500.
In the near term, BNB may move sideways as it consolidates before any renewed downtrend. Should Bitcoin retest or move to new lows, BNB is likely to follow given the current correlation and price structure.
Hype (HYPE)
HYPE closed the week about 6% higher but appears to have encountered resistance near $64. Since testing that level, sellers have cooled the rally and price has hesitated to push higher.
With selling pressure increasing, the most probable near-term move is a pullback toward the low $50s before attempting another advance. A corrective phase would also help consolidate gains after HYPE’s recent strong performance.
If HYPE can confirm $52 as a reliable support level, it could use that base to target new highs later. For the bullish scenario to resume, the current resistance around $63–$64 would need to flip into support.