Crypto Price Analysis January-30: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

This week, the crypto market entered red territory with Ethereum falling by 7% and losing support at $3,000. With buyers on the defensive, sellers appear to have the upper hand in the days and weeks to come.

The most important support is at $2,400, but to reach that level, bears will need to make a lower low below $2,600 first.

Looking ahead, the momentum remains clearly bearish with buyers unable to regain control of the price action. Thus, the downtrend may continue before a bottom is found.

Ripple (XRP)

XRP just made a lower low this week and closed with a 8% loss. Since the price lost support at $2, sellers have been encouraged to increase their pressure, and so far, they have been successful.

At the time of this post, the price is around $1.76 and appears well on its way to test the key support at $1.6, which is a good candidate for a bounce. However, a relief rally is likely to be stopped as soon as it approaches $2 again.

Looking ahead, XRP is in a difficult position, as this downtrend could push it to $1.6 or lower later in 2026.

Cardano (ADA)

ADA crashed by 10% this week after buyers left the orderbooks. With no one to stop the selloff, the price fell to $0.33 and may soon be below 30 cents at this rate.

The most significant support is found at 27 cents, which is a level last tested in July 2024. This erases all progress since then and places Cardano in a deep, prolonged bear market.

Looking ahead, there is no relief on the horizon as long as the price is unable to find a bottom. Hopefully, buyers will return under 30 cents to stop the downtrend.

Binance Coin (BNB)

BNB was rejected again at the $900 resistance and closed the week with a 5% loss. With buyers unable to push higher, sellers remain in control and may be keen to revisit the next support at $800.

If support at $800 does not hold, this cryptocurrency is likely to revisit $700, which could act as a reversal point given past price action.

Looking ahead, BNB remains in a downtrend. This makes lower price levels likely despite several attempts by buyers to reverse the trend. Momentum is also shifting more bearish, which may encourage further selling.

Hype (HYPE)

HYPE had a very volatile week after its price pumped by a wooping 68% before retracing somewhat to close the week with a 35% gain, at the time of this post. This is an impressive performance considering most alts are in red nowadays.

This spike comes after several whales ended their selling. This encouraged buyers to return, but so far, this pump still made a lower high being unable to reclaim $35 as support. To turn bullish, that level has to be reclaimed.

Looking ahead, HYPE remains in a clear downtrend on higher timeframes. Nevertheless, this is the first time in months when this cryptocurrency gave a clear signal it may want to reverse and recover the losses booked since September 2025.

The post Crypto Price Analysis January-30: ETH, XRP, ADA, BNB, and HYPE appeared first on CryptoPotato.