Crypto Price Analysis August-28: ETH, XRP, ADA, BNB, and HYPE

Ethereum und XRP schlossen die Woche mit Gewinnen ab; ETH hält die Unterstützung bei 2.400 $ und könnte Richtung 2.800 $ steigen, während XRP nach dem Anstieg auf 1,60 $ zwischen 1,30 $ und 1,60 $ konsolidiert. Beide Kryptowährungen markierten höhere Hochs, was die Marktstruktur verbessert und auf eine mögliche Fortsetzung der Rallye hindeutet.| This Friday, we examine Ethereum, Ripple, Cardano, Binance COIN, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed another week in the green after pushing above $2,400, ending 6% higher. If buyers manage to hold this KEY support level, higher highs may continue. Bulls should do their best to consolidate their recent gains after the massive rally from the $1,500 level. To achieve this, defending $2,400 as support is KEY. The current resistance is at $2,800. Looking ahead, this is the first time since 2025 that ETH HAS made a higher high. This halts the downtrend and positions this cryptocurrency for a sustained rally. The question is how far bulls can take it before they show signs of weakness. Source: TradingView Ripple (XRP) After XRP pumped to $1.6, the price entered a pullback, which is still ongoing at the time of this post. Nevertheless, this cryptocurrency closed the week 9% higher. This recent performance is impressive and a significant change in the market structure. With a higher high secured, XRP could be consolidating between the KEY support at $1.3 and the resistance at $1.6. Once the price settles, a renewed push higher could follow, sending XRP back into a rally. Looking ahead, the most significant target, at this time, is $2. For that to happen, XRP will need to turn $1.6 into a support first. The odds favor this outcome considering that buyers have the advantage right NOW. Source: TradingView Cardano (ADA) Cardano ended this week flat after the price failed to break the resistance at $0.23. Buyers tried to push ADA higher, but sellers would not budge. For this reason, the price is in a pullback at the time of this post. While a consolidation period under the KEY resistance is normal, this cryptocurrency needs to avoid a long delay in breaking $0.23, as that may encourage sellers to step up their presence ON the order book. Looking ahead, Cardano needs to make a higher high to confirm the bottom under $0.15. So far, this HAS not happened, which may give bears a chance to retest the previous lows in the future. Source: TradingView Binance COIN (BNB) Binance COIN had a good week, closing 7% higher. The price also broke the $690 resistance and appears close to forming a higher high. If confirmed next week, BNB may be well ON its way to visit $900 next. It is critical for the price to continue its rally, as any price below $740 would paint a lower high ON the chart, which would be a bearish signal. Nevertheless, as long as the $690 level holds as support, buyers have control over the price. Looking ahead, the recent drop under $580 could be the bottom. To confirm it, BNB needs to rally and sustain its recent gains. If so, the $900 and $1,000 targets will act as magnets for the price in the near future. Source: TradingView Hype (HYPE) Hyperliquid had another fantastic week, closing 14% higher after setting a new record price of almost $87. Right NOW, HYPE is trading in a KEY range between $ 76 and $ 85 as it plans its ne…