EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Analysis of cryptocurrency prices on July 10: ETH, XRP, ADA, BNB and HYPE

2026-07-10 18:46:08
Bookmark

Ethereum (ETH)

Ethereum closed up slightly by 3% this week, showing a green trend. Buyers tried to push up prices, but encountered strong selling pressure at the key resistance level of $1800 and the upward trend was blocked. If bulls fail to break through that resistance, prices will have no choice but to reverse and test down the $1500 support. This will cause the cryptocurrency to fluctuate in the $1500 to $1800 range. Looking ahead to the market outlook, Ethereum has briefly rebounded, but it now seems to have stalled. To restart the rally, prices need to convert $1800 into support. If it fails, the seller will once again have the opportunity to create a new low.

Ripple (XRP)

XRP closed flat this week, still close to the US$1 support level. The buyer tried to push the price above $1.18, but the resistance level was successfully held, causing the XRP correction. Although $1 support seems solid, sellers may try to break through again in the future. Repeated testing of key support levels is a weak signal. Therefore, bulls should try their best to avoid falling to the dollar again. Looking ahead, even if the cryptocurrency is still hesitant, the overall trend remains bearish, showing significantly lower highs and lower lows, which puts sellers in a favorable position. If the US$1 support level is broken, the next target will be US$0.85.

Cardano (ADA)

The ADA has continued to struggle since testing the $0.15 support level. The buyer tried to leave the area, but lost momentum, causing the seller to make a comeback. This is also the reason why prices rose only slightly by 1% this week. As buyers return to the defensive, the possibility of retesting key support levels increases. If this support level falls, the next support level will be at $0.10, which is also a key psychological level. Looking ahead to the market outlook, Cardano remains very weak. Every rebound has suffered a sell-off, and all breakthrough attempts since 2025 have failed. This maintains the current downward trend, which continues. Perhaps a support level of $0.10 can change this situation in the future.

Binance (BNB)

Binance rose only 2% this week. However, this is not enough to recover the $580 support level, which has now turned into resistance. As a result, sellers are likely to push the BNB price to the current support level of $500. Although the downtrend remains unchanged and may continue to hit new lows, sales have been declining since the beginning of 2026. At this rate, the buyer may eventually gather enough strength to regain control. Looking ahead, it appears that the cryptocurrency will test the $500 support level before buyers show strength in the order book. Therefore, the best strategy is to wait until that level is tested before taking action.

Hyperliquid(HYPE)

HYPE also recorded only a slight gain of 1% this week after sellers fought back at $72 resistance to drive prices lower. Since then, the price has dropped to $66 and has difficulty maintaining its upward trend. What is even more worrying is that prices are reaching lower highs. To regain confidence, buyers need to show strength, and the best way is to hit a record high in the future. Looking ahead, if HYPE fails to break through US$72, sellers are likely to take advantage of this weakness and push it below the current support level of US$63. While that\'s not too bad, a break below $60 could well end the current upward trend.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP