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

Wait 5 sec.

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.Ethereum (ETH)In a major reversal, ETH has pumped 27% this week after sentiment turned positive, with Bitcoin leading and pulling most of the market higher. Ethereum shot up from $1,800 and did not stop until the resistance at $2,400.This is an impressive price action that has reverberated across most altcoins. Now, the ETH price is at a key level. If $2,400 turns into support, and the price makes a higher high, this cryptocurrency will turn bullish for the first time in over a year!Looking ahead, sellers risk losing control. Bulls are coming back in force, and they are inches away from starting a sustained uptrend. Watch $2,400 and $2,800 as key levels if the rally continues.Source: TradingViewRipple (XRP)XRP painted a monster candle on the weekly chart after a 31% pump! This has completely reversed the losses since June in one week and opens the way for buyers to take over.At the time of this post, this cryptocurrency is testing the $1.3 resistance. If this fails to hold, the ongoing rally, then XRP has a good shot at $1.6. Such a price would end the downtrend that dominated most of 2026.Looking ahead, the last time XRP rallied so hard was in 2024, and back then, the price did a 5x in quick succession. While this appears unlikely here, this is an impressive start and could send this cryptocurrency much higher still.Source: TradingViewCardano (ADA)Cardano also had a good week after closing 14% higher. This recent pump reconfirms the bullish trend that started in June and places ADA on a collision course with the resistance at $0.23.Hopefully, this recent impulse from buyers is exactly what this cryptocurrency needs to break the resistance and return to an uptrend. Still, sellers could return at $0.23, making that a difficult ask.Looking ahead, Cardano shows promise, and this price action could indicate that the drop under $0.15 may have been the bottom. If so, expect the price to grind higher from here until the end of the year.Source: TradingViewBinance Coin (BNB)Binance Coin closed the week 10% higher and is determined to test the resistance at $690. After the price found good support at $580, buyers took over and have not let go ever since.The biggest challenge right now is to turn $690 into support. That would allow BNB to aim for $900 next and beyond. Nevertheless, sellers could show their face at the key resistance as they did in June when they pushed the price back down.Looking ahead, the BNB chart is turning bullish with a clear rounded bottom around $550. To confirm this, the price has to make a higher high beyond $750 later on. That implies $690 won’t stop buyers.Source: TradingViewHype (HYPE)Hyperliquid was a major winner this week after closing 30% higher. This impressive performance has taken the price back to the key resistance at $76, which is also the current all-time high.At the time of this post, buyers appear to hesitate at the ATH and did not make a higher high, at least not yet. Some selling here is normal, and it will be interesting to see if HYPE can break higher or not.Looking ahead, this most recent price action has placed HYPE in a wide range between the ATH of $76 and support around $50. The price could bounce between these levels a few more times before a decisive breakout.Source: TradingViewThe post Crypto Price Analysis August-21: ETH, XRP, ADA, BNB, HYPE appeared first on CryptoPotato.