Recent data shows that Ethereum, Ripple, Cardano, Binance Coin, and HYPE are exhibiting various trends in the market. This article examines their current price levels and potential future changes.
Ethereum (ETH)
Ethereum is showing signs of upward movement after a consolidation period in September. Currently, the price is around $4,500, up 3%. The most significant resistance is at approximately $4,868, which is only 6% above the current price. If buyers maintain their momentum, ETH could potentially test the $5,000 level by the end of September, paving the way for new highs.
Ripple (XRP)
XRP has risen by 8% this week, breaking above a descending triangle that formed since July, which is a clear bullish signal for buyers. The support at $3 is holding well, and if confirmed, the next target is $3.2. XRP is in a strong position to retest summer highs around $3.6, as long as the $3.2 level becomes a reliable support.
Cardano (ADA), Binance Coin (BNB) and HYPE
Cardano is close to challenging resistance at $0.90, closing the week with a 9% gain. Successfully holding above $1 would be crucial for further growth towards $1.1. Binance Coin reached $910 this week, up 7%, confidently surpassing the $900 and $1,000 levels. HYPE also set a new record at $57, with a 23% increase; however, a pullback is occurring, potentially testing the support at $55.
The cryptocurrency market shows diverse growth rates and resistance levels for Ethereum, Ripple, Cardano, Binance Coin, and HYPE. The situation remains dynamic, and further price changes depend on buyer activity.
