Cryptocurrency Price Review for August 8: Examining ETH, XRP, ADA, SOL, and HYPE

This review examines the price analysis of Ethereum (ETH), Ripple (XRP), Cardano (ADA), Solana (SOL), and Hyperliquid (HYPE). ETH is nearing the crucial $4,000 mark, the first time since 2024, indicating a potential break in resistance. XRP saw a 12% increase, moving from the $3 support level to a $3.4 resistance point. ADA gave its holders reason for optimism, with an 8% gain and breaking the $0.77 resistance.

Despite lagging behind others, SOL managed a 3% increase, reversing from the $155 support level to a $185 resistance. While HYPE remained flat over the past week, it indicates a potential end to its mid-July correction. These cryptocurrencies show promising signs of breaking resistance and making headway in the market.