ETH, XRP, ADA, SOL, and HYPE

This week, we are examining Ethereum, Ripple, Cardano, Solana and Hype in more detail.

Ethereum (ETH)

Ethereum finally woke up this week with a price increase of 12%, which brought it to the key resistance at $ 1,800. Since then, ETH has reversed, but buyers seem determined to possibly break the current resistance and challenge the level of $ 2,000.

This is the first time since December that this cryptocurrency has given a clear sign of a possible overthrow. However, the volume of the purchase must continue to make higher peaks to be confident on a renewed rally.

For the future, optimism returns to the market and ETH has a real chance of putting an end to the downward trend. To enter a sustained rally, the price must exceed $ 2,000, which will allow ETH to recover some of the losses compared to previous months.

Ripple (Xrp))

XRP was more shy this week, but still managed to reserve a respectable 6%increase. This has consolidated the price of more than $ 2, which is a key support. As long as XRP remains above this level, the bias is bent.

The problem with the current momentum is that the volume decreases. This acts as a break on any attempts by buyers to increase the price. However, XRP has made regular progress in the past three weeks.

For the future, XRP has a key resistance at $ 2.3 and $ 2.6. If the bulls manage to erase these levels and transform them into support, then the asset is good to review $ 3.

Cardano (ADA)

ADA has reserved an impressive price increase of 16% this week, making it the most efficient part on our list. This allowed him to finally erase the resistance of $ 0.64, which now acts as a support.

If this bullish momentum continues, cardano buyers will target $ 0.9, which is the next major resistance of the graph. However, the volume of purchase remains relatively low compared to the past.

For the future, Ada has a good blow to revisit $ 0.9 or even come back above $ 1. In order for this to become a reality, the current momentum must intensify on the increase in volume. So far, this has not yet been the case.

Solana (soil)

Solana joined 13% this week and managed to test the key resistance at $ 152. The bulls have not yet been able to break above this level, but the pressure is built under this resistance. If the global market remains optimistic, Sol is a good chance of going later.

The current trend has come on sustained volume, and there is no sign of buyers. It is encouraging. If sellers do not put more pressure on the resistance of $ 152, they can withdraw at $ 180 afterwards.

For the future, Sol has built a strong bullish momentum in the past three weeks. This can allow him to exceed $ 152 and test $ 180 afterwards.

Media threshing experienced high performance this week with a 10%price increase. Its price action is similar to Solana and seems to face a certain resistance at $ 19, where buyers could not break this level.

Given that the price has more than doubled from recent stockings at $ 9, media threshing can be consolidated under the current resistance to gather more force before pushing higher.

For the future, this cryptocurrency has experienced a very solid performance to date and can continue to function as long as the feeling of the market remains optimistic. If $ 19 is breaking, the next target will be at $ 21.