Crypto Price Analysis January-23: ETH, XRP, ADA, BNB, and HYPE

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

Ethereum (ETH)

Ethereum fell by 12% this week after sellers returned on the $3,345 key resistance. At the time of this submit, the value additionally broke beneath the $3,000 assist stage.

If ETH is unable to return above $3,000 within the coming days, then this is able to be fairly bearish within the quick to medium time period, with decrease lows doubtless sooner or later.

Looking forward, Ethereum continues to search out itself in a transparent downtrend that began in September 2025. Since then, bears have dominated the chart, however consumers have given indicators of returning in early 2026. Bulls might want to take ETH above $3,345 to succeed at a reversal.

Ripple (XRP)

In late 2024, XRP impressed with a fast 5x in a couple of weeks. In 2025, the value motion was flat between $2 and $3. In 2026, it appears XRP is prone to right downwards after a confirmed MACD bearish cross on the month-to-month chart.

If we’re to belief the MACD indicator, XRP could fall all the best way to $1 earlier than consumers return to reverse this downtrend that began in late July 2025. The value additionally closed 8% decrease this week.

Looking forward, XRP has good assist at $1.6. Should that fall, then $1 turns into doubtless later this 12 months. The present resistance is at $2.

Cardano (ADA)

ADA disenchanted this week with a 8% loss. This is as a result of its value was unable to interrupt the resistance at 40 cents in early 2026 which has turned the chart bearish with decrease lows doubtless.

With consumers absent, the one choice for Cardano is to fall decrease till curiosity returns. The probably candidate for that’s the assist stage at 30 cents.

Looking forward, this cryptocurrency has been in a bear marketplace for all of 2025 and that is prone to proceed in 2026 based mostly on the present value motion. A reversal seems unlikely presently. Perhaps optimism will return to ADA within the second a part of this 12 months.

Binance Coin (BNB)

BNB tried to return above $900, however was sharply rejected and the value closed the week with a 5% loss. As lengthy because it can’t break this resistance, the value motion stays bearish.

With sellers in management, Binance Coin finds itself in a correction that might see the value retest the assist at $800 and $700. The latter being a chief candidate for an finish to this downtrend.

Looking forward, this cryptocurrency had a incredible 12 months in 2025 when its value moved past $1,000. Hopefully, it could return to 4 digits later in 2026 after this correction is over.

Hype (HYPE)

Since late September 2025, HYPE has been in a deep correction that noticed the value fall by 65% from its all-time high, on the time of this submit. The begin of 2026 didn’t change this pattern and solely this week the value fell by 15%.

Bears are dominating the chart and that is partially as a result of HYPE crew members have been promoting closely because the begin of the 12 months with nearly 500,000 HYPE tokens bought. As lengthy as this pattern is sustained, it’s unlikely for this cryptocurrency to reverse course.

Looking forward, HYPE has good assist at $20, $17, $15, and $10. These ranges are prone to be examined in 2026 if the present promote stress is sustained. To reverse this, HYPE wants to maneuver above $30.

The submit Crypto Price Analysis January-23: ETH, XRP, ADA, BNB, and HYPE appeared first on CryptoPotato.