This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH)
Ethereum has experienced a flat trend in mid-December, maintaining a similar price to last week, hovering around the crucial support level of $2,870. This stability reflects a market waiting for momentum, hindered by low trading volume, typical for the holiday season. As it stands, Ethereum is in a consolidation phase around the $3,000 mark, indicating market indecision.
To witness a breakout, Ethereum requires a catalyst that can propel it above the key resistance level of $3,345. With experts suggesting that a decisive movement is unlikely until early 2026, traders and investors are closely monitoring any news or developments that might signal a potential shift in momentum. The price chart illustrates this indecision, highlighting a persistent struggle between buyers and sellers.
Ripple (XRP)
In December, Ripple faced a setback, slipping below its key support level at $2, closing the week with a slight loss of 1%. Following this decline, buyers attempted to defend the price around $1.8, but the low trading volume hampered any significant rebounds. The failure to breach the $2 resistance suggests a challenging path ahead.
The current bearish momentum indicates a likelihood of further declines, with potential drops to the $1.6 range—a level not seen since April and October 2025. The community remains vigilant as market psychology plays a crucial role in XRP’s evolution.
Cardano (ADA)
For Cardano holders, the recent developments are disheartening, as the price has lost a critical support level at 40 cents, concluding the week with a 3% decline. This threshold now poses a significant barrier to recovery, highlighting an environment currently devoid of buyers. The downward pressure has been aggressive, following a notable crash on October 10th.
The outlook appears grim, as continued selling pressure may push Cardano down to the 30 cents level, a price point that could cause even greater concern for long-term holders if bullish sentiment fails to emerge soon.
Binance Coin (BNB)
Binance Coin attempted to breach the resistance level of $900 but faced a sharp rejection, now finding itself trading around $840. This recent struggle resulted in a modest 1% loss for BNB, indicating a clear bearish momentum within the market. Analysts are observing key support levels at $800 and $690, which could provide a buying opportunity if prices dip further.
Market trends suggest that Binance Coin may continue to underperform until early 2026, where a relief rally could materialize if these significant support levels remain intact.
Hyperliquid (HYPE)
Hyperliquid surprised some market watchers by closing the week with a modest 2% gain. Yet, the enthusiasm needs to be tempered, as the price must clear the resistance at $26 to reignite buyer interest. Following a substantial decline of over 60% since late September, HYPE has found temporary support around $22, which has allowed the price to bounce back.
Looking ahead, the cryptocurrency remains in a precarious position with the downtrend still intact. For Hyperliquid to recover steadily, it must break past both the $26 and ideally the $30 mark to foster long-term investor confidence.
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This written piece provides an engaging deep-dive into the selected cryptocurrencies, diving into market trends and future predictions while maintaining a conversational tone that appeals to readers interested in the crypto space.
