What to Know:
- Ethereum (ETH) rallied by 14%, approaching $4,500 and potentially ready to re-visit the $5,000 resistance.
- Ripple (XRP) closed the week 11% higher, crossing the $3 mark with key targets at $3.2 and $3.6.
- Cardano (ADA), Binance Coin (BNB), and HYPE also posted significant gains, with positive outlooks for the future.
Ripple (XRP) is among the key cryptocurrencies that have shown impressive performance this past week. This Friday, we delve deeper into the performance of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid.
Ethereum (ETH)
Ethereum witnessed a stellar week with a 14% rally, bringing it within touching distance of $4,500. This development is expected to provide the necessary support for Ethereum to challenge the significant $5,000 resistance. With sellers seemingly drained, buyers have regained control.
Moreover, Bitcoin’s sustained gains this week have primed the market for elevated levels, potentially boosting Ethereum’s bullish momentum.
Looking forward, a definitive break above $5,000 would put ETH in a price discovery phase, allowing it to surge upwards rapidly. If this scenario unfolds, key targets are set at $6,000 and $7,300.
Ripple (XRP)
XRP ended the week on a high note, climbing 11% and surpassing the $3 mark. This psychological level could serve as a future support and lay the groundwork for new highs, with primary targets at $3.2 and $3.6.
To take advantage of this momentum, the bulls will need to propel this cryptocurrency to achieve higher highs, suggesting a price level of $3.2 and beyond.
Looking forward, XRP seems to be wrapping up its consolidation between $2.7 and $3 and is primed for higher levels. If this is the case, the all-time high (ATH) at $3.6 could become a significant draw for buyers in the last quarter of 2025.
Cardano (ADA)
Cardano also had a strong week, maintaining its position above the $0.77 support and closing with an 11% increase. This shift puts buyers back in the driver’s seat, but they face the biggest challenge at the $0.90 resistance.
While the bullish momentum might not be fully ready to break the key resistance, a breakout is only a matter of time if the overall market continues to be bullish. If successful, ADA has a genuine chance to trade above $1 once again.
Looking ahead, most cryptocurrencies have started October on a positive note, and Cardano appears ready for new highs if buyers can push it beyond $0.90.
Binance Coin (BNB)
Binance Coin seems unstoppable after marking a new price record at over $1,100. This achievement led to a 16% weekly gain, making it one of the strongest digital assets in 2025.
The most critical resistance at this time is at $1,200, which could easily be reached in the coming days if the bullish momentum is maintained. This represents only an 8% price increase as of this report.
Looking forward, this cryptocurrency is well-positioned to capitalize on the market’s enthusiasm, which seems to be building in the year’s last quarter. If the $1,200 mark is breached, the next target is $1,500.
Hype (HYPE)
This week, HYPE completed its correction and briefly hit $50 following a sustained rally that increased its price by 15%. With sellers out of the picture, this cryptocurrency has already recovered most of its recent losses.
For this rally to gain confidence, HYPE needs to secure $50 and protect it as support. If successful, it has a real shot at revisiting its all-time high at $60.
Looking forward, despite the volatility, the price continues to show considerable strength. Even though attention was briefly shifted towards other decentralized exchanges, this was short-lived, and liquidity returned to Hyperliquid, which is now reflected in its token price.
In conclusion, Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid have shown considerable strength this past week. With the crypto market’s current bullish momentum, these trends could continue, leading to significant gains for investors and traders. As always, it is essential to stay informed and make decisions based on comprehensive market analysis.
