Crypto Price Analysis October-10: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater ￰0￱ (ETH) Ethereum closed the week with a 3% loss after buyers were unable to keep the price above $4,500. This level also acts as a key ￰1￱ sellers have the upper hand, they may be able to take ETH to the key support at $4,000 before buyers decide to return and stop this ￰2￱ the past, the $4,000 level defended the price ￰3￱ ahead, Ethereum needs to complete its correction before it can hope for new ￰4￱ starts by reversing this price action and reclaiming $4,500 as ￰5￱ that, bulls can hope for $5,000 and higher ￰6￱ (XRP) XRP closed the week with a 7% loss and was overtaken by Binance Coin, which continued to make new price ￰7￱ is the first time in years since XRP lost its third position behind ￰8￱ momentum lagging, the asset continues to hover under the $3 resistance, unable to break above ￰9￱ longer this continues, the bigger the pressure on the support at $2.7.

Looking ahead, XRP may fall lower in the short to medium term until it finds ￰10￱ is likely to happen around the $2.7 – $2.5 ￰11￱ then, the bias is somewhat bearish on this price ￰12￱ (ADA) Cardano fell by 4% this week, but managed to hold well above the key support at $0.77. As long as this level holds, buyers have a chance to take it higher ￰13￱ current resistance levels are found at $0.90 and $1. Unfortunately for the bulls, these levels rejected the price in the past as soon as they were tested. Therefore, a future breakout attempt has to be on sustained buy volume, or sellers may reject it ￰14￱ ahead, the ongoing consolidation above the key support may continue until buyers gather enough strength to attempt a new ￰15￱ could start later in October if the overall market allows ￰16￱ Coin (BNB) Binance Coin made a new record price this week at $1,350.

This is both impressive and intimidating, considering that most altcoins have struggled to make higher highs this ￰17￱ performance has allowed BNB to close the week with a 15% price increase and also flip XRP from its third position by market ￰18￱ renewed interest, liquidity has flown to the BNB ecosystem, which has flourished ￰19￱ ahead, the most important target on the chart is found at $1,500. This becomes likely as soon as the bulls break the current resistance at $1,350, which is also the ￰20￱ sellers return, BNB has good support at $1,200. Hype (HYPE) Hyperliquid had a disappointing week after closing with a 9% ￰21￱ comes after renewed fears about its upcoming token unlocks.

Moreover, competition from other decentralized exchanges such as Lighter and Aster has ￰22￱ bears in control, the price fell to $44, which is currently being ￰23￱ it turn into a resistance, then the asset will likely fall towards $40 ￰24￱ so, the macro uptrend may be in danger and indicate a larger correction is at ￰25￱ ahead, HYPE is facing a challenging end of the year after a bullish summer that saw new price ￰26￱ buyers cannot take HYPE above $50 soon, then sellers will most likely push for lower lows.