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ETH, XRP, ADA, BNB, and HYPE

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eth_price_chart_0503261

This Thursday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

With $2,000 support secured, Ethereum has a good shot at testing the $2,400 resistance in the near future. This also allowed the price to close the week with a 2% gain.

The current PA shows a clear reversal pattern, with a bullish engulfing candle indicating buyers are back in control. To secure their dominance, they will need to break above $2,400 as well.

Looking ahead, the most important resistance on the chart is found at $2,800. Thus, bulls may be able to keep Ethereum in a rally until then. Once there, sellers could return in force.

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eth_price_chart_0503261
Source: TradingView

Ripple (XRP)

XRP turned bullish this week and reclaimed the $1.4 support level. While the price fell by a modest 2% compared to last week, the recent buying spree sends a strong bullish signal to market participants.

The most important resistance point is at $1.6, which will need to become support if buyers want to keep XRP in a sustained uptrend. Any weakness there will quickly be exploited by sellers.

Looking ahead, after a prolonged downtrend, this cryptocurrency is finally giving signs that the selloff may be behind us and a recovery is likely.

xrp_price_chart_0503261
Source: TradingView

Cardano (ADA)

Cardano had a difficult start this week, falling by 7%. Buyers tried multiple times to reclaim the support at 28 cents, but each time they were rejected, including this week. This is a sign of weakness.

As long as ADA keeps failing to move above 28 cents, it is unlikely for any bullish momentum to form. Should selling intensify, the price may fall to 24 cents again, as it did earlier this year.

Looking ahead, this cryptocurrency is in a tough spot. While most altcoins are giving signs of a reversal, Cardano still lags behind its peers. Hopefully, this will change soon and push the price back into an uptrend.

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ada_price_chart_0503261
Source: TradingView

Binance Coin (BNB)

Binance Coin moved higher by 4% this week after buyers defended the $580 support well. Their current target is the resistance at $690, which may be challenging to break through, given the previous price action.

Even if sellers attempt to defend the current resistance, bullish momentum is intensifying and may be enough to drive a quick relief rally towards $900.

Looking ahead, BNB has a clear shot at a rally in the weeks to come, considering that since late 2025, the price has been in a downtrend. A sustained rally appears likely and may be quite significant.

bnb_price_chart_0503261
Source: TradingView

Hype (HYPE)

HYPE closed the week 12% higher and reclaimed a price above the key $30 support. As long as the price holds above this level, the bulls have the upper hand, and they may aim to break the resistance at $36 next.

While the momentum is bullish, there is a bit of lag since the price moved above $30. This should not last long since it would encourage sellers to return and put pressure on that support again.

Looking ahead, HYPE needs to break the $36 resistance to maintain a bullish bias in the coming weeks. Hopefully, buying volume will increase to sustain the current move into higher highs.

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hype_price_chart_0503261
Source: TradingView
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Crypto World

Oaktree’s Howard Marks says there’s no systemic problem with private credit

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Oaktree's Howard Marks says there's no systemic problem with private credit

Howard Marks, co-chairman, Oaktree Capital.

Courtesy David A. Grogan | CNBC

Veteran investor Howard Marks said he doesn’t see a widespread problem brewing in private credit, but warned that the sector’s rapid expansion over the past 15 years could expose weaker lenders when markets eventually turn.

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“There’s not a systemic problem with private credit,” Marks, co-chairman and co-founder of Oaktree Capital, said Thursday on CNBC’s “Money Movers.”

The noted investor said that the risk stems from the pace of expansion in direct lending, which has ballooned to a market now exceeding $1 trillion from its early development around 2011.

His comments come as sentiment toward direct lenders has soured following the collapse of auto-related borrowers Tricolor and First Brands. Much of the concern has centered on loans made to software companies as investors worry that artificial intelligence could disrupt those businesses.

“There’s a saying in the banking business that the worst of loans are made in the best of times. We’ve seen 17 years of good times. When the stuff hits the fan, or as Warren Buffett would say, when the tide goes out, we will find out whose credit analysis was discerning, who made fewer software loans to the better company,” Marks said.

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The pressure has already begun to show up in fund flows. Investors pulled nearly 8% from Blackstone Inc.’s flagship private credit fund in the most recent quarter, highlighting growing caution among allocators.

Marks said it’s impossible to predict when exactly the cycle will turn.

“The things that affect the investment world so profoundly are the things that were not foreseen,” Marks said. “If they could be foreseen … anticipated and adjusted to and factored into prices, they wouldn’t have that cataclysmic effect.”

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Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

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Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

Market analysts said Ether’s (ETH) uptrend was confirmed after the latest 25% recovery to $2,200 from its multi-year lows below $1,800.

Key takeaways:

  • Ether rose to $2,200 on Wednesday, as onchain data shows signs of returning demand.

  • ETH price support around $2,100 remains key for the bulls to hold.

Ether sellers are “losing control”

Ether’s net taker volume suggests that “sellers may be losing control” as demand for ETH derivatives returned, data from CryptoQuant shows. 

Net taker volume, a metric that measures the imbalance between buyers and sellers in derivatives markets, has flipped positive after being in negative territory for nearly two months.

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This negative regime coincided with the bear market drawdown, indicating sustained aggressive selling across derivatives markets. 

“​​The latest prints show flows starting to turn positive, suggesting that seller dominance may be fading,” CryptoQuant analyst MorenoDV_ said in a recent Quicktake post, adding:

“​​Historically, shifts from prolonged negative taker pressure toward positive territory often precede short covering rallies and liquidity-driven rebounds, particularly after periods of forced selling.”

ETH: Net taker volume. Source: CryptoQuant

The return in ETH demand is also reflected by Ether’s Coinbase Premium Index, which has risen to levels last seen in December 2025.

After being negative for several months, the index has flipped positive, pointing to a return in demand from US investors, which could propel the ETH price higher.

“This indicates that US buying pressure remains positive,” CryptoQuant analyst CW8900 said, adding:

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“If the Coinbase premium rises further, the rally will accelerate.”

Ether Coinbase premium index. Source: CryptoQuant

Meanwhile, demand for spot Ether ETFs continues to recover, with these investment products recording $169.4 million in inflows on Wednesday. This shows the return of demand from institutional investors.

Spot ETH ETFs flows table. Source: Farside Investors

ETH traders anticipate a price rebound

Ether’s latest breakout must, however, not pull back below the $1,750 mark, according to analysts.

Trader and analyst Crypto Patel said that the $1,750 support must hold for “bulls to stay in control,” with the upside target set at “$2,500-$2,600.

“Lose $1,750 and bears take over again.”

ETH/USD daily chart. Source: Crypto Patel

Commenting on Ether’s Thursday push above $2,000, analyst Bren said a “larger bounce above $2,200 is likely.”

Meanwhile, Man of Bitcoin said that a successful retest of $2,100 support after the current retracement could open the path to $3,400 or higher.

As Cointelegraph reported, a daily candlestick close above $2,100 will revive the hopes of a recovery toward the 50-day simple moving average (SMA) at $2,381. A break above this level will mean that the corrective phase may be over.