📊 Weekly report Key market movements
The market is resisting under unprecedented geopolitical pressure 🌍🔥
1️⃣ Ethereum ETH holds at critical support
Current price: $2,000
Ethereum holds at $2,000 support and closes the week with a slight increase, indicating a noticeable decline in selling pressure
🔑 Important levels:
🟢 Support: $2,000 First line of defense
🔴 Resistance: $2,400 breaking it opens the way towards $2,800
📌 Additional catalyst this week: BlackRock's launch of the $ETHB fund on Nasdaq, the first ETF in history to generate an actual return from staking at a rate of 3% annually 🏦
2️⃣ Ripple XRP resistance battle
Current price: $1.45
XRP maintains its trading above $1.4 as long as this support holds, the overall outlook leans positive. The main resistance at $1.6, breaking it gives the bulls full control and opens the way towards $2.
🔑 Important levels:
🟢 Support: $1.4 The dividing line
🔴 Resistance: $1.6 ← then $2
📌 Major catalyst: Standard Chartered expects XRP to reach $8 by the end of 2026, based on regulatory clarity in the United States and institutional inflows 🎯
3️⃣ Cardano ADA the first glimmer of hope in months
Current price: $0.26
Support at $0.24 held strongly, and the price is now pressing on resistance at $0.28. Breaking it opens the way for a rise towards $0.40, and the MACD indicator is turning bullish on the weekly frame.
🔑 Important levels:
🟢 Support: $0.24
🔴 Resistance: $0.28 ← then $0.40
⚠️ Warning: Recovery is possible but the alternative is concerning
4️⃣ Binance Coin BNB strong rebound but with caution
Current price: $614
The price rebounded from support at $580 with a 2% rise this week.
🔑 Important levels:
🟢 Support: $580 Retracement level
🔴 Resistance: $690 Next target
⚠️ The low trading volume may give sellers a chance to return at resistance levels; the breakout needs confirmation with strong buying volume.
5️⃣ Hyperliquid HYPE the undisputed star of the week ⭐️
Current price: $38
HYPE was the best performer this week with a 24% rise after breaking resistance at $36, an exceptional move in a bearish market.
🔑 Important levels:
🟢 Support: $36 has become support after the breakout
🎯 Targets: $40 ← $42 ← $50
📌 Why is HYPE strong now? Cantor Fitzgerald expects HYPE to exceed $200 by 2035, driven by the growth of decentralized perpetual contracts and a buyback mechanism that uses 99% of protocol fees 🚀
🧠 Weekly summary:
The market is in a state of resistance without surrender.
Geopolitical pressure Iran war, Gulf tensions, Ukraine peace fluctuations weigh on the markets
But the bulls are still defending the critical levels 💪
Whoever is patient at support, history rewards them 📈
