0.07%
0.30%
2.95%
BTC
$64,914.06
0.09%
1.33%
2.76%
ETH
$1,878.67
0.18%
0.51%
0.68%
BNB
$565.53
0.26%
1.78%
2.15%
XRP
$1.10
0.31%
2.27%
1.03%
SOL
$75.14
0.03%
1.45%
2.70%
TRX
$0.33129093
0.59%
2.96%
3.19%
DOGE
$0.06938560
0.29%
4.20%
3.81%
ADA
$0.16580160
0.14%
1.27%
3.52%
LINK
$8.45
0.26%
1.61%
4.21%
LTC
$46.24
0.07%
0.30%
2.95%
BTC
$64,914.06
0.09%
1.33%
2.76%
ETH
$1,878.67
0.18%
0.51%
0.68%
BNB
$565.53
0.26%
1.78%
2.15%
XRP
$1.10
0.31%
2.27%
1.03%
SOL
$75.14
0.03%
1.45%
2.70%
TRX
$0.33129093
0.59%
2.96%
3.19%
DOGE
$0.06938560
0.29%
4.20%
3.81%
ADA
$0.16580160
0.14%
1.27%
3.52%
LINK
$8.45
0.26%
1.61%
4.21%
LTC
$46.24
   /       /       /    Crypto Price Analysis July-24: ETH, XRP, ADA, BNB, and HYPE

Crypto Price Analysis July-24: ETH, XRP, ADA, BNB, and HYPE

Crypto Price Analysis July-24: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

Ethereum moved higher by 3% this week as buyers gained control of the price action since late June. This relief rally started once the support at $1,500 was tested and held.

At the time of this post, ETH is facing some resistance as the price approaches the key psychological level at $2,000. It is likely to bring back sellers and could send the price into a pullback.

Looking ahead, the cryptocurrency remains in a macro downtrend. While this rally is a positive change, sustaining it beyond $2,000 seems a big ask right now. Only if $2,000 turns into support does ETH have a good shot at breaking the prevailing downtrend.

Ripple (XRP)

XRP also managed to book a 3% gain this week as buyers have kept the price well above the key support at $1. The current resistance is at $1.2, and until it is broken, it is unlikely this cryptocurrency can make sustained gains.

With volume declining steadily month-over-month, XRP currently lacks the momentum for a major breakout. Market participants seem to have retreated since the drop in February and have not returned to date.

Looking ahead, the current consolidation above $1 is a positive development. However, it can equally be a pause taken by sellers before they attempt another go at the key support.

Cardano (ADA)

ADA had a positive week, closing 6% higher. This comes after the price made a head and shoulders reversal pattern with the key support around $0.15. As long as that level holds, buyers have the advantage.

Nevertheless, Cardano still has to make clear higher lows and higher highs before we can be confident in a reversal and end to the current macro downtrend. For that to happen, the price will have to move beyond $0.25.

Looking ahead, the weekly momentum indicators such as the MACD are giving a bullish bias. This is a promising sign that sellers could be exhausted here, which may allow buyers to take back control for a longer period.

Binance Coin (BNB)

Binance Coin looks weak throughout the past seven days and made no gains. The price still needs to break the resistance at $580, which has kept buyers in check over the past month. Without a clear breakout, BNB is forced to move sideways or even seek lower levels to find buyers.

The price also saw decreased volatility and volume. This could also be related to the recent regulatory changes that forced EU users to find a new exchange. That is bearish for the BNB price as it lowers demand for the token.

Looking ahead, this cryptocurrency is found in a downtrend with no signs that this will end any time soon. As such, watch the support at $500, which could be tested in the future before buyers return.

Hype (HYPE)

Surprisingly, HYPE was flat this week and lost 5% of its valuation in the past month. This highlights that the uptrend may be over. The price is also under $60 at the time of this post, which is concerning since it may encourage sellers to push even lower.

If this cryptocurrency loses its macro uptrend, then a larger and more significant correction could follow. Right now, the longer the price sits under $60, the higher the chance that HYPE will fall much lower. Key support levels are found at $56 and $52.

Looking ahead, HYPE had a fantastic rally in the first half of 2026, and it seems the second part of the year could end up in a major correction. That may see HYPE revisit previous levels under $50. If so, this can also be a key buying opportunity.

Source: CryptoPotato

24-07-2026
Cryptocurrencies / Cryptocurrency News

Cryptocurrency News

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Random quote about money

"Деньги никого не сделали дураком; они только выставляют дураков напоказ."

Фрэнк Хаббард

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