Crypto Price Analysis August-21: ETH, XRP, ADA, BNB, HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) In a major reversal, ETH has pumped 27% this week after sentiment turned positive, with Bitcoin leading and pulling most of the market higher. Ethereum shot up from $1,800 and did not stop until the resistance at $2,400. This is an impressive price action that has reverberated across most altcoins. Now, the ETH price is at a key level. If $2,400 turns into support, and the price makes a higher high, this cryptocurrency will turn bullish for the first time in over a year! Looking ahead, sellers risk losing control. Bulls are coming back in force, and they are inches away from starting a sustained uptrend. Watch $2,400 and $2,800 as key levels if the rally continues. Source: TradingView Ripple (XRP) XRP painted a monster candle on the weekly chart after a 31% pump! This has completely reversed the losses since June in one week and opens the way for buyers to take over. At the time of this post, this cryptocurrency is testing the $1.3 resistance. If this fails to hold, the ongoing rally, then XRP has a good shot at $1.6. Such a price would end the downtrend that dominated...