Market Pullback: ETH, XRP, and ADA Facing Key Support Tests

It has been a difficult week for major assets as Ethereum, Ripple, and Cardano all finished with losses. Ethereum dropped 3 percent after failing to hold the 2,500 dollar level. Traders should watch the 2,400 dollar support closely, as a break below this point could trigger a deeper correction due to declining buy volume.

Ripple and Cardano both took steeper hits, each falling 9 percent this week. Ripple is currently retreating toward the 1.30 dollar support mark, while Cardano is struggling to find buyers after failing to clear resistance at 0.23 dollars. Both coins are at a critical juncture where holding current support levels is necessary to prevent further slides toward lower targets.

Binance Coin saw a smaller 2 percent dip and is currently testing the 690 dollar support level. While the outlook remains bullish for now, holding this support is essential to maintain control. Meanwhile, Hyperliquid pulled back 10 percent after hitting record highs. Despite this recent dip, the asset maintains a broader uptrend as long as it stays above the 70 dollar mark.