This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH)
Ethereum was flat this week. Still, the price held well above the support at $2,400. However, the volume has been falling since the initial rally, and volatility has decreased significantly compared to the early days.
While a consolidation period is normal, this is also a period of weakness in the price action when sellers could make their return. Nevertheless, as long as the key support is not challenged, buyers continue to have the upper hand.
Looking ahead, ETH must stay above $2,400 if it wants the rally to continue. So far, buyers appear in control, but the road towards $2,800 could be bumpier compared to the past few weeks.
Source: TradingView
Ripple (XRP)
XRP was also mostly flat this week, booking a modest 2% gain. The price has been moving sideways between $1.3 and the resistance at $1.6. This range also kept the price in check between February and May this year.
We współpracy z: https://cryptopotato.com/crypto-price-analysis-sep-04-eth-xrp-ada-bnb-and-hype/
