Crypto Price Analysis August-21: ETH, XRP, ADA, BNB, HYPE

This Friday, we study Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in better element.

Ethereum (ETH)

In a serious reversal, ETH has pumped 27% this week after sentiment turned constructive, with Bitcoin main and pulling a lot of the market larger. Ethereum shot up from $1,800 and didn’t cease till the resistance at $2,400.

This is a formidable worth motion that has reverberated throughout most altcoins. Now, the ETH worth is at a key degree. If $2,400 turns into assist, and the value makes a better high, this cryptocurrency will flip bullish for the primary time in over a yr!

Looking forward, sellers danger shedding management. Bulls are coming again in pressure, and they’re inches away from beginning a sustained uptrend. Watch $2,400 and $2,800 as key ranges if the rally continues.

Ripple (XRP)

XRP painted a monster candle on the weekly chart after a 31% pump! This has fully reversed the losses since June in a single week and opens the best way for patrons to take over.

At the time of this submit, this cryptocurrency is testing the $1.3 resistance. If this fails to carry, the continued rally, then XRP has a superb shot at $1.6. Such a worth would finish the downtrend that dominated most of 2026.

Looking forward, the final time XRP rallied so exhausting was in 2024, and again then, the value did a 5x in fast succession. While this seems unlikely right here, that is a formidable begin and will ship this cryptocurrency a lot larger nonetheless.

Cardano (ADA)

Cardano additionally had a superb week after closing 14% larger. This latest pump reconfirms the bullish pattern that began in June and locations ADA on a collision course with the resistance at $0.23.

Hopefully, this latest impulse from patrons is precisely what this cryptocurrency wants to interrupt the resistance and return to an uptrend. Still, sellers might return at $0.23, making {that a} tough ask.

Looking forward, Cardano exhibits promise, and this worth motion might point out that the drop beneath $0.15 could have been the underside. If so, count on the value to grind larger from right here till the tip of the yr.

Binance Coin (BNB)

Binance Coin closed the week 10% larger and is decided to check the resistance at $690. After the value discovered good assist at $580, patrons took over and haven’t let go ever since.

The greatest problem proper now’s to show $690 into assist. That would permit BNB to goal for $900 subsequent and past. Nevertheless, sellers might present their face on the key resistance as they did in June once they pushed the value again down.

Looking forward, the BNB chart is popping bullish with a transparent rounded backside round $550. To verify this, the value has to make a better high past $750 afterward. That implies $690 received’t cease patrons.

Hype (HYPE)

Hyperliquid was a serious winner this week after closing 30% larger. This spectacular efficiency has taken the value again to the important thing resistance at $76, which can also be the present all-time high.

At the time of this submit, patrons seem to hesitate on the ATH and didn’t make a better high, no less than not but. Some promoting right here is regular, and it will likely be attention-grabbing to see if HYPE can break larger or not.

Looking forward, this most up-to-date worth motion has positioned HYPE in a variety between the ATH of $76 and assist round $50. The worth might bounce between these ranges just a few extra occasions earlier than a decisive breakout.

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