Crypto Price Analysis September-05: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater ￰0￱ (ETH) Ethereum continued to move sideways, with its price only 1% higher than last ￰1￱ flat trend is characterized by a falling volume and low volatility. However, this is unlikely to ￰2￱ most important resistance is found at $5,000, and the price has already tested the key support at $4,000. Since mid-August, Ethereum has remained stuck in this large range as buyers and sellers battled for ￰3￱ ahead, this cryptocurrency appears to be consolidating after a significant rally over the ￰4￱ this pause is over, buyers have a good chance to regain control and take ETH into price discovery beyond $5,000.

Chart by TradingView Ripple (XRP) XRP remains in a downtrend and has formed a large descending triangle with a base of support at $2.7. As long as this key level holds, thе ассет has a good shot at a recovery and possible renewed ￰5￱ price closed the week with a modest 1% loss, which is not significant as long as the key support holds. However, it does signal that market participants are hesitating here and are waiting for a decisive breakout in the price ￰6￱ ahead, XRP may see volatility return soon since the price appears primed to escape its descending ￰7￱ pressure building up, we will soon find out if sellers or buyers come on top in the days to ￰8￱ by TradingView Cardano (ADA) Cardano may have bottomed at the $0.78 key support, and buyers appear keen to make higher ￰9￱ that is confirmed, this cryptocurrency may try again to reach the resistance at $0.90, which rejected it in the ￰10￱ also closed the week with a modest 1% gain as it moved sideways above the key ￰11￱ continues to fall since mid-August and explains the low volatility of the past few ￰12￱ ahead, the bulls may attempt to push ADA into a rally and reclaim the $0.90 ￰13￱ they are successful, Cardano’s token will have a new chance to move above $1 ￰14￱ by TradingView Binance Coin (BNB) BNB has also been flat in the past week with a similar price to our last update.

Nevertheless, as long as the price consolidates above the support at $830, the asset has a good shot at moving higher ￰15￱ key resistance is found at $900 and is also the current all-time high achieved back in ￰16￱ buyers keep BNB above the key support, a test of the ATH level becomes likely in the near ￰17￱ ahead, Binance Coin has a good chance to hit $1,000 in ￰18￱ can happen as soon as the $900 resistance falls and places BNB as one of the few altcoins to make consistently higher highs this ￰19￱ by TradingView Hype (HYPE) HYPE is up by 5% this week and managed to keep its price above the support at $44. Even so, the bullish momentum over the past few months has decreased, especially because the price was rejected by the $50 resistance three times to ￰20￱ is critical for this cryptocurrency not to lose its key support because any weakness there would encourage sellers to ￰21￱ the time of this post, the price is still moving sideways between $50 and $44, which can be interpreted as ￰22￱ ahead, HYPE is about to make a key decision by mid-September as its time within this large ascending triangle (in blue on the chart) comes to an ￰23￱ price will likely break away; the question is in what ￰24￱ by TradingView