A mixed week for major cryptocurrencies saw Ethereum and Ripple trading largely sideways, while Cardano, Binance Coin, and Hyperliquid posted modest gains.
Ethereum
Ethereum remained flat for the week, holding above its $2,400 support level. Trading volume has declined since an initial rally, and volatility has fallen significantly from earlier levels. The cryptocurrency must maintain its position above $2,400 to sustain upward momentum, though consolidation periods are typical during rallies. A path toward $2,800 faces potentially rougher conditions than recent weeks.
Ripple
XRP posted a 2% gain this week while trading sideways between $1.30 and $1.60 resistance. The price range has confined the asset between February and May. Breaking above $1.60 would be necessary to restore momentum and return volume and volatility to the market. Buyers currently hold an advantage, though this could shift if resistance holds.
Cardano
Cardano closed 5% higher after buyers pushed the price toward $0.23 resistance, which remains intact. For ADA to confirm a bottom established below $0.15, the price must break past current resistance levels. A successful move beyond $0.23 could open pathways toward $0.30 and $0.40 if buying volume increases.
Binance Coin
Binance Coin gained 1% for the week, holding above $690 support but failing to distance itself significantly from that level. BNB is close to establishing a higher high, with price movement above $745 likely to confirm continuation toward $900. Current price action suggests momentum may be pausing before resuming.
Hyperliquid
Hyperliquid broke above its $85 resistance this week and closed 4% higher, confirming both a higher high and a new price record. The question remains whether $85 will hold as support or revert to resistance. HYPE has rallied for weeks without significant pullback, suggesting a correction may be expected. The $100 psychological level could present a potential resistance point if buyers continue pushing higher.
