On August 1, 2025, we analyze the current state of cryptocurrencies Ethereum, Ripple, Cardano, Solana, and Hype, looking at their prices and possible trends.
Ethereum (ETH)
Ethereum continues to face difficulties, failing to surpass the crucial $4,000 mark. At $3,900, sellers rejected the asset, resulting in a 4% weekly loss. Buyers are attempting to prevent further correction, but so far unsuccessfully. For a second attempt at breaching the $4,000 level, Ethereum needs to find solid support around the $3,600 or $3,400 levels.
Ripple (XRP)
XRP also dropped by 4%, facing pressure after briefly falling below $3. Sellers are strongly influencing the asset, and if the $3 level cannot be maintained, further declines towards $2.7 are possible. XRP is trying to find support in the range between $2.7 and $2.5, which could prevent the current downtrend.
Cardano (ADA)
Cardano is showing continued decline, losing 10% after failing to hold above $0.90. The most likely support is found at $0.64. Should the current correction persist, it could erase most recent gains. Buyers might return around the 70-cent mark, and the $0.64 level is crucial for potential reversal.
In recent weeks, all examined cryptocurrencies have encountered challenges and demonstrated negative price movement. Future sales and attempts to hold key support levels will determine the further movement of the assets.
