ETH, XRP, ADA, SOL and HYPE

This week, we checked Ethereum, Ripple, Cardano, Solana and Hype in more detail.

Ethereum (ETH)

Ethereum finally woke up this week, with prices rising 12%, which puts key resistance at $1,800. ETH has since entered a pullback, but buyers seem determined to eventually break the current resistance and challenge the $2,000 level.

For the first time since December, the cryptocurrency has given obvious signs of a possible reversal. However, purchases need to continue to increase climax in order to be confident in the new gathering.

Looking ahead, optimists are returning to the market, and ETH has a real opportunity to stop the downward trend. To enter the ongoing rally, the price must be over $2,000, which will allow ETH to recover some of the losses from the previous months.

ripple ((XRP)

XRP is more timid this week, but still manages to book a considerable 6%. This brings the price to over $2, which is key support. As long as XRP is above this level, bias will tilt bullish.

The problem with current momentum is that the volume is decreasing. It’s like any rest of any attempt by a buyer to try to raise the price. Nevertheless, XRP has made steady progress over the past three weeks.

Looking ahead, XRP’s key resistance is $2.3 and $2.6. If the Bulls manage to clear these levels and convert them into support, then the asset has a chance to revisit $3.

Cardano (there)

Ada booked an impressive 16% price this week, the best performing coin on our list. This allows it to eventually clear the $0.64 resistor, which can now be used as support.

If this bullish momentum continues, Cardano buyers target $0.9, which is the next major resistance on the chart. However, the buying volume is still relatively low compared to the past.

Looking ahead, ADA has a good shot, can revisit $0.9 and even return above $1. To make this a reality, the current momentum must strengthen the increase in the number. So far, this has not been the case.

Solana (Sol)

Solana rose 13% this week and managed to test the key resistance of $152. The Bulls can’t surpass this level yet, but the downforce is increasing under this resistance. If the overall market remains bullish, SOL is likely to move higher in the future.

The current uptrend is continuous quantity and there is no sign of weakness for buyers. This is encouraging. If sellers don’t put more pressure on the $152 resistance, they may return to $180.

Looking ahead, Saul has built a strong bullish momentum over the past three weeks. This can make it discounted for over $152 and test it for $180 next time.

Hype performed well this week, with prices rising 10%. Its price action is similar to Solana, and it seems to face a $19 resistance that buyers can’t break.

Given that the price has more than doubled since the last $9, the hype may consolidate under current resistance to gather more power before raising the higher.

Looking ahead, the cryptocurrency has performed very strongly so far and may continue to perform as long as market sentiment remains bullish. If you take a break of $19, the next target will be found at $21.