Crypto Price Analysis August-15: ETH, XRP, ADA, SOL, and HYPE
Main Idea
The article analyzes the recent performance and future price targets of Ethereum, Ripple, Cardano, Solana, and Hyperliquid, highlighting their weekly gains and key resistance levels.
Key Points
1. Ethereum (ETH) is up 19% this week, nearing its all-time high (ATH) of $4,868, with potential targets of $6,000 and $7,000 if the rally continues.
2. Ripple (XRP) remained under the $3.2 resistance, booking a 6% loss, and may consolidate around $3 if it holds above the $3 support.
3. Cardano (ADA) gained 20% this week after breaking the $0.90 resistance, with the next target being to reclaim and hold $1 as support, potentially reaching $1.5 later.
4. Solana (SOL) attempted to reclaim the $200 level but faced rejection; it has strong support at $186 and resistance at $200 and $227.
5. Hyperliquid (HYPE) surged 20% this week, nearing its ATH of $50, with potential targets at $54, $60, and $66 if it breaks and holds above $50.
Description
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) For the first time in four years, Ethereum is about to test the all-time high at $4,868. The price is less than 4% from that level at the time of this post. Due to this stellar performance, ETH is also up by 19% this week. The asset is about to enter one of the most exciting periods when price discovery starts. Once ETH manages to turn $4,900 – $5,000 into a key support, the race is on fo...
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