Cryptocurrency Value Overview for May 2nd: Focusing on ETH, XRP, ADA, SOL, and HYPE

This week's cryptocurrency analysis focuses on Ethereum (ETH), Ripple (XRP), Cardano (ADA), Solana (SOL), and Hype (HYPE). ETH saw a 3% price increase, remaining under the key resistance at $1,825, while XRP closed with less than a 1% gain, indicating hesitation from buyers.

ADA is holding above $0.64 support, but a lack of momentum could prompt sellers to re-test this support. SOL, after failing to break the $152 resistance, dropped by 3%. HYPE, which saw a 7% price increase, was the best performer, breaking the resistance at $19 and moving towards $21.

Despite resistance at certain levels and decreased momentum in some cases, the general outlook appears bullish for these cryptocurrencies.