Crypto Market Analysis: ETH, XRP, ADA, BNB, HYPE Price Trends

Ethereum (ETH) stands out as the week’s strongest performer, closing with a 3.5% gain and holding firmly above the psychologically significant $3,000 level. This strength has allowed bulls to mount a serious challenge against the key resistance at $3,342. A decisive break above this level is viewed as a critical confirmation that could open a path for ETH to revisit the $4,000 valuation in the future.

The most compelling technical signal for Ethereum is found on its 3-day chart, where the Moving Average Convergence Divergence (MACD) indicator has just completed a bullish cross. This is a significant event, as the last occurrence of this pattern was in July and was subsequently followed by a powerful 90% rally. This development marks the first clear signal in months that Ethereum may be poised to reverse its prior downtrend and initiate a sustained upward move, contingent on overcoming the $3,342 hurdle.

In contrast to Ethereum, Ripple (XRP) remained in negative territory, closing the week with a 2% loss. While the decline appears modest, the primary risk lies in buyers potentially losing the crucial support level at $2. Should this level fail and transform into resistance, the downtrend is likely to accelerate, with the next major support target residing at $1.80, a level where the price has historically bounced. The weekly chart momentum remains bearish, though a potential bounce is possible if market leaders like Ethereum pull the broader market upward—provided XRP can defend the $2 support.

Cardano (ADA) presented a surprise by holding above the $0.40 level for a third consecutive week, enabling a modest 2% gain. Although buyer attempts to push ADA back to $0.50 have been rejected, each effort increases the probability of a future breakthrough. Mirroring Ethereum’s technical setup, Cardano’s 3-day MACD is on the verge of a bullish cross, which could act as the catalyst needed to shatter the $0.50 resistance and ignite a new rally. For this opportunity to be capitalized upon, buyers must demonstrate increased trading volume to confirm the early signs of strength.

Binance Coin (BNB) appears to have established solid support around the $800 mark, trading at levels similar to the previous week. Sellers have been unable to force a breakdown, allowing buyers to begin testing the overhead resistance at $900. Technical analysis suggests that the longer pressure builds beneath this resistance, the more forceful the eventual breakout could be. With sellers showing signs of exhaustion, BNB may soon have an opportunity to reclaim $900 as support, setting its sights on a return towards a $1,000 valuation in a potential relief rally later in December.

Hyperliquid (HYPE) was the clear underperformer of the group, declining 7% for the week and cementing its position in a defined downtrend. The immediate battleground is the $30 level, where bulls and bears are currently contesting control. A victory for the bears would likely trigger a decline toward the $24 support level. Conversely, if bulls prevail and confirm $30 as support, they would have a clear path to reclaim $34. Looking ahead, HYPE’s price action appears confined within a falling wedge pattern—a typically bullish formation that would be confirmed by an escape above the pattern’s upper boundary toward the $34 target.