Crypto Price Analysis July-25: ETH, XRP, ADA, SOL, and HYPE
Main Idea
The article analyzes the recent price movements and key support levels for Ethereum, Ripple, Cardano, Solana, and Hyperliquid, noting corrections and potential future trends.
Key Points
1. Ethereum's first key support is at $3,300; a fall below this could lead to further declines, with $4,000 being a key psychological resistance level.
2. XRP fell by 14% this week after failing to break above $3.6; if this level is lost, buyers may retreat to $2.6, with indicators like MACD and RSI turning bearish.
3. Cardano (ADA) was rejected at $0.90 and is now around $0.80, with potential support at $0.64; its earlier rally was driven by market optimism rather than fundamentals.
4. Solana (SOL) briefly surpassed $200 but could not sustain it, closing the week with a 2% loss; key support levels are at $165 and $150 for a potential recovery.
5. Hyperliquid (HYPE) closed with an 8% loss, possibly due to being overbought after a strong rally in May and June; next major support is at $37.
Description
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) In the past few days, Ethereum entered a consolidation period with the price hovering at similar levels to last week. If selling intensifies, then the first key support is found at $3,300. Should that fall later, then buyers will likely return around $3,000. This pause in the rally is normal considering ETH moved from $2,000 to $3,800 in 30 days without any significant pullback. This may ...
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