This week’s cryptocurrency market review highlights mixed movements among major assets. Ethereum (ETH) rose 3% after testing support at $1,500, now facing resistance near $2,000. Ripple (XRP) also gained 3%, consolidating above $1 support with declining volume. Cardano (ADA) posted a 6% weekly gain on a head-and-shoulders reversal, with support at $0.15. Binance Coin (BNB) remained flat, held by resistance at $580 and impacted by regulatory changes. Hyperliquid (HYPE) lost 5% over the past month, trading below $60 and threatening its macro uptrend.
Ethereum (ETH) moved higher by 3% this week as buyers gained control since late June, after support at $1,500 was tested and held. The price now faces resistance near the $2,000 psychological level, which could bring back sellers and trigger a pullback. The cryptocurrency remains in a macro downtrend; sustaining a rally beyond $2,000 appears challenging unless that level turns into support.
Ripple (XRP) also booked a 3% weekly gain, with buyers keeping the price above key support at $1. Resistance at $1.2 remains intact, and until that level is broken, sustained gains are unlikely. Volume has declined steadily month-over-month, indicating a lack of momentum for a major breakout. The current consolidation above $1 could equally represent a pause before sellers test support again.
Cardano (ADA) closed 6% higher after forming a head-and-shoulders reversal pattern with key support around $0.15. The asset still needs to establish clear higher lows and higher highs to confirm a reversal, requiring a move beyond $0.25. Weekly momentum indicators such as the MACD are giving a bullish bias, suggesting sellers may be exhausted.
Binance Coin (BNB) made no gains over the past seven days, with resistance at $580 keeping buyers in check. The price has seen decreased volatility and volume, partly attributed to recent regulatory changes that forced EU users to find a new exchange. This development is bearish for BNB as it lowers token demand. The cryptocurrency remains in a downtrend with no imminent reversal signs; support at $500 could be tested.
Hyperliquid (HYPE) was flat this week and lost 5% of its valuation over the past month, highlighting a potential end to the uptrend. The price is under $60, which may encourage sellers to push lower. If the macro uptrend is lost, a larger correction could follow, with key support levels at $56 and $52. The first half of 2026 saw a fantastic rally, but the second half may end with a major correction, potentially revisiting levels under $50.
