Crypto Market Remains Stagnant Amid Mixed Performance

Ethereum (ETH) and Ripple (XRP) both remained flat this week, failing to break out of their respective price ranges. Ethereum held above $2,400 but saw its volume decrease significantly since the initial rally. Meanwhile, Ripple was stuck between $1.3 and $1.6.

Cardano (ADA), however, closed 5% higher after a strong push from buyers, with the price retesting resistance at $0.23. Binance Coin (BNB) held above the support at $690 but didn't manage to distance itself much beyond that.

Hype (HYPE) managed to break above the $85 resistance and closed 4% higher, confirming a higher high and new price record. However, buyers will likely move to the support at $76 next if sellers turn this level into resistance again.