Cryptocurrency Valuation Examination for May 30: Ethereum, Ripple, Cardano, Solana, and Hype

This week's analysis of Ethereum, Ripple, Cardano, Solana, and Hype indicates a market-wide pullback. Ethereum showed a 2% loss but bullish momentum is expected once the pullback ends and resistance at $2,800 is broken. Ripple saw a 9% loss, and Cardano experienced the most significant loss of 14%, indicating a possible continuation of its downtrend.

Solana was also hit with a 9% loss, but the key support at $152 could potentially reverse the downtrend. Hype, after a 330% increase since early April, has seen an 8% decrease but remains a strong presence in the altcoins space, with the potential for buyers to return towards new highs once the correction is over.