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Crypto Price Analysis, March 13: ETH, XRP, ADA, BNB, and HYPE

Generating AI summary...

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum continues to hold well above the $2,000 support level and closed the week in the green with a 1% gain. Even if this is small, it shows sellers no longer have control over the price, being unable to push it lower. The current price action is also giving clear bullish signals, hinting at a major reversal. To confirm it, buyers will need to break through the $2,400 resistance. Looking ahead, this is the first time in months when Ethereum has a clear shot at moving higher. To sustain a relief rally, the price will have to break $2,400 and then $2,800, which are acting as key resistance levels. Source: TradingView Ripple (XRP) XRP is flat compared to last week, but it still held well above $1.4. This is somewhat similar to the $2,000 support of Ethereum. As long as $1.4 holds, the bias leans bullish. The most important resistance on the chart is at $1.6, and if XRP can break above it and turn it into key support, then bulls will have full control over price action, which may allow them to aim for $2 next. Looking ahead, this cryptocurrency has a good shot at reversing the downtrend here, and that starts with a clean breakout above $1.6. Hopefully, this can take place in the weeks to come. Source: TradingView Cardano (ADA) Cardano appears ready to turn around, even if the price remains similar to last week. The support at 24 cents held well, and now the resistance at 28 cents is being put under pressure. Should buyers break above $0.28, ADA has a clear path to $0.40 and beyond. The momentum indicators, such as the MACD, are also turning bullish on the weekly timeframe, encouraging bulls further. Looking ahead, a sustained relief rally could bring this cryptocurrency back to 50 cents, but for that to happen, the overall market has to turn bullish and remain so for at least a few months. Source: TradingView Binance Coin (BNB) Binance Coin is up 2% t...

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