XRP Liquidity Signals Turn Cautious

What to Know:

• Ethereum remains rangebound, while XRP, Cardano, and Binance Coin face bearish pressure.
• Broader market indecision and low trading volumes contribute to the current stagnation.
• XRP struggles to regain key support levels, impacting potential liquidity and investor confidence.

As the year-end approaches, major cryptocurrencies are exhibiting mixed performance, with some facing bearish headwinds and others consolidating. Low trading volumes and a general lack of market participation during the holiday season are contributing to the current subdued price action. This market update provides a concise analysis of Ethereum, Ripple, Cardano, and Binance Coin, highlighting key support and resistance levels to watch.

Ethereum Consolidates Around $3,000

Ethereum (ETH) has remained relatively flat in December, trading around the $3,000 mark. The lack of significant price movement can be attributed to low trading volumes and reduced market participation during the holiday season. ETH needs a catalyst to break above the key resistance level at $3,345. The cryptocurrency has been consolidating around this level since late November, indicating market indecision. A decisive breakout is anticipated in early 2026.

XRP Faces Resistance at $2

XRP experienced a modest 1% loss this week, failing to maintain support at $2. Buyers have emerged around $1.8 to defend the price, but low trading volumes have prevented a significant bounce. The $2 level now acts as a resistance, posing a challenge for XRP to overcome. The current momentum appears bearish, with lower lows being a distinct possibility. A potential drop to $1.6 is conceivable before buyers return in force, a level last seen in April and October 2025.

Cardano Loses Support at $0.40

Cardano (ADA) lost its support at $0.40, closing the week with a 3% loss. This level will now serve as a key resistance. The price action appears bearish, with a downtrend persisting since the crash on October 10th. The current downtrend has been aggressive, offering little relief to investors. If sellers maintain this pressure, Cardano could decline to $0.30 or lower if buyers do not return.

Binance Coin Rejected at $900

Binance Coin (BNB) attempted to break the resistance at $900 but faced rejection, with the price currently around $840. This resulted in a 1% loss for the week. With bearish momentum prevailing, the price could decline further in the coming days and weeks. Support can be found at $800 and $690, which could attract buyers if prices reach those levels. BNB is likely to underperform until early 2026, when a bounce or relief rally could materialize if key support levels hold.

Hyperliquid (HYPE) Shows Modest Gains

Hyperliquid (HYPE) closed the week with a modest 2% gain. To sustain positive momentum, buyers need to break above $26, which currently acts as a key resistance. The downtrend since late September has been aggressive, with the price losing over 60% of its valuation. Strong support was found around $22, allowing the price to bounce. However, the cryptocurrency remains weak, with the downtrend still intact. HYPE needs to move above $26 and, ideally, $30 to build confidence in a sustained recovery.

Conclusion

The cryptocurrency market is currently experiencing a period of consolidation and bearish pressure across several major assets. Ethereum remains rangebound, while XRP, Cardano, and Binance Coin face challenges in overcoming resistance levels. Low trading volumes and market indecision are contributing factors. Investors should closely monitor key support and resistance levels for potential breakout or breakdown scenarios as the market looks ahead to 2026.

Related: XRP: Cardano Founder Reveals Crypto Potential

Source: Original article