Eth, XRP, Ada, Sol and Hype

This week, we study Ethereum, Ripple, Cardano, Solana and Hyperlequid in more detail.

ETHEREUM (ETH)

Ethereum decreased by 13 % this week after the price failed to get more than $ 2000. As this main psychological level is lost, buyers fell to the support at $ 1,800. This recent decline in prices puts ETH at the bear market levels that have not been seen since 2023.

In December 2024, this cryptocurrency entered the declining direction, almost had any relief pools since then. This severe correction saw the price decreased by approximately 60 % of its highest level at $ 4100.

Looking at the future, Ethereum is in a desperate search for the bottom that can stop this landmark. It is still not sure whether the support of $ 1,800 will be able to stop the sellers so that it can start a recovery.

ripple ((Xrp))

Surprisingly, XRP continues to get higher than two dollars despite its 8 % decrease this week. In some way, buyers were able to stop any pressure from the sellers at this main level, which was already tested several times.

At the time of this post, the original was found about $ 2.3 and will need to move above $ 2.4 if he hopes to re -test the main resistance at $ 3. XRP has a good snapshot in that if buyers are taking momentum in the coming days.

Looking at the future, XRP looks much better than most Altcoins that make its lowest levels, such as Ethereum. This makes it strange to be fast in moving as soon as the market morale improves. This will be confirmed if the resistance of $ 3 is broken later.

Cardano (Ada)

ADA was a difficult week after being broken by 18 % and returned to the main support at $ 0.64. To date, it seems that the price exceeds this level, but the momentum remains declining even if it is more than $ 1 at the beginning of March.

Resistance is found at $ 0.9 and this level must turn into major support if ADA returns to the upward trend. Given that the total Altcoin market is still downward, it is difficult to see Cardano has become strange.

In the future, this cryptocurrency is found in the declining direction. Until this is reflected, the ADA price is likely to make its lowest level by $ 0.5 as a major level in the event of current support failure.

Solana (Sol)

Solana was another bad week. Its price decreased by 12 % after losing support at $ 134. With this level turning into a major resistance, buyers decline to $ 105, which is currently the most important support level.

The Sol chart seems very similar to Ethereum. It makes low levels and is distinctive for a clear and clear formation. The reflection is unlikely to occur any time soon, but the support is about $ 100 is a good filter to mobilize relief, at least.

Looking at the future, Solana may make its lowest levels. If so, closely watch how the price will interact with about $ 100. Either way, this cryptocurrency should not lose a price of three numbers, as this will be a major psychological blow to any upcoming feeling.

Hyperleliquid entered the encryption space in a very high note with an excellent version of his distinctive symbol, whose evaluation witnessed in the first few weeks after the launch. However, this feeling quickly changed at the end of 2024.

Since February, the HYPE price was a decline. The week was closed with a loss of 18 % after support at $ 15 turned into resistance. Buyers have now declined to $ 11, which may save some relief in the future if sellers continue to maintain pressure.

In the future, the noise was found in a difficult place with no clear reflection on the horizon. If nothing changes, the price may decrease less than $ 10 in the future. Such a discount can stimulate buyers to return and reverse this declining trend.