Crypto Price Analysis Jun-05: ETH, XRP, ADA, BNB, and HYPE
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Ethereum plunged 17% this week amid a broad crypto bear market, with the $1,800 support level failing and flipping to resistance. The sharp downturn raises downside risk for ETH price and pressures DeFi and DEX activity, signaling negative short-term market sentiment.
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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH)
This week was one of the worst of this bear market as most cryptocurrencies fell by double digits. Ethereum was no different, crashing 17%. Unfortunately, the $1,800 support could not hold the bears back and quickly turned into resistance.
In This News
Coins
$ 1.67K
-5.63%
$ 1.13
-3.07%
$ 0.164
-12.9%
$ 594.25
-0.90%
$ 62.48
-5.29%
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 1.67K
-5.63%$ 1.13
-3.07%$ 0.164
-12.9%$ 594.25
-0.90%$ 62.48
-5.29%Predictions Markets
See what traders are focused on
Share:
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Hyperliquid (HYPE) Just Did What Only One DeFi Token Had Done Before: CoinGecko
