This Friday, crypto prices showed a mixed but generally bearish trend across major assets like Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid. Each faced its own set of challenges near key support and resistance levels.
Ethereum Stalls at Resistance
Ethereum closed the week down 3%, after sellers returned at the $2,400 resistance point. The price might avoid closing this week with a bearish engulfing candle, which would signal a major reversal. Right now, the bullish momentum has stalled, and some think the cryptocurrency could be gathering strength for another attempt in May. If that happens, the current pullback would be short-lived.
Looking ahead, ETH needs to break above $2,400 to start a sustained rally. If that level turns into support, the path to $2,800 seems clear. But another failure there would give bears the upper hand, with $2,000 as their next target.
Ripple Struggles in Pennant Pattern
Ripple closed the week down 5%, after failing to hold above $1.4. The price is now inside a large pennant pattern, which is expected to break before mid-May. This pattern could signal a continuation of the bearish trend that started earlier.
Buyers need to consolidate here and reclaim $1.4 as support. Anything less favors sellers, who could push the price to lower lows and resume the downtrend. XRP has been flat between $1.6 and $1.3 since February, but sellers seem better positioned. They might target $1 as a key level.
Cardano Fails to Break Support
Cardano also struggled, closing the week with a 2% loss. While the percentage drop is small, the bigger worry is that ADA hasn’t broken above the $0.24 support level. The longer buyers fail to push higher, the more likely sellers will try to break that support and send the price lower.
This cryptocurrency has been flat since the start of 2026, unable to make higher highs. With bearish momentum, ADA might need to dip below $0.24, with $0.20 as a key target, before buyers return.
Binance Coin Hugs Support
Binance Coin hugged the $580 support level but couldn’t rally. That gave sellers the edge, and the week closed with a 3% loss. Buyers seem absent, and the falling volume profile confirms that.
The price has been consolidating above $580 since early February. There was one attempt to break the $690 resistance, but sellers quickly stopped it. Now, BNB looks like it’s pausing, which could build pressure for a future breakout. Sellers currently have a better chance, and if they succeed, $500 is their next target.
Hyperliquid Fears Repeat of Correction
Hyperliquid is in trouble after breaking below a bearish wedge pattern, similar to the one from late 2025. Back then, the price entered a sustained correction and lost over 64% of its value. If history repeats, HYPE could fall under $20.
For now, the price closed the week down 2%, but falling volume suggests seller conviction is weak. HYPE is unlikely to make new highs soon, but it might find strong support at $36 or $30, which could encourage buyers to return despite any continued correction.
