Crypto Price Analysis: ETH Near ATH, ADA & HYPE Rally
Crypto Price Analysis: Over the past fortnight, major altcoins have accelerated their rallies. Initial momentum saw Ethereum climb 6% toward the $4,000 resistance on strong buy volumes; its rally then accelerated into a 19% weekly gain, trading within 4% of its $4,868 all-time high. If ETH flips $4,900–$5,000 into support, bulls could target $6,000, $7,000 and even $9,000–$10,000 in a price discovery phase.
Ripple initially surged 12% from $3 to $3.4 amid a bullish MACD cross but later underperformed, dropping 6% off the $3.2 resistance and consolidating just above $3 as traders await fresh momentum.
Cardano broke above $0.77 after an 8% gain and then powered 20% to peak at $1, eyeing $1.30 and $1.50 as the next hurdles.
Solana reversed at $155 for a 3% rise toward $185 before extending gains to 13%, yet faced two rejections at $200; key support sits at $186 with overhead resistance at $200 and $227.
Hyperliquid bounced from $35 to hold $40, later rebounding 20% to $48.5 near its $50 all-time high; a break above $50 could spark a run toward $54, $60 and $66.
This Crypto Price Analysis highlights growing bullish momentum among major altcoins, pointing to a potential continuation of the summer rally.
Bullish
Combined analysis shows that Ethereum, Cardano, Solana, Ripple and Hyperliquid have exhibited strong technical uptrends, with multiple breakouts and retests of key resistance levels. Ethereum’s flip of near-ATH zones and robust weekly gains indicate renewed buyer conviction, which often precedes extended rallies. Cardano’s surge past the $1 mark and Solana’s higher lows above $186 underscore improving market breadth among altcoins. Despite Ripple’s pullback from resistance, its consolidation above $3 suggests a healthy correction rather than a trend reversal. Hyperliquid’s recovery from mid-July lows and retest of its $50 all-time high reflects niche token resilience. In the short term, traders may capitalize on momentum-based strategies, targeting successive resistance levels while managing risk around key supports. Over the longer term, sustained volumes and bullish technical patterns point to continued appreciation potential for these coins. Overall, the market outlook remains bullish as momentum drivers align across multiple assets.