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

Today, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid. Ethereum (ETH) Markets turned turbulent today after Binance experienced the largest hack ever recorded at over $6 billion. Ethereum was quick to react, falling by 7% on the weekly timeframe. The current resistance is found at $2,400, and this level used to act as support in the past, but buyers were unable to hold off the sell pressure. Considering the current market sentiment, a test of the $2,000 support appears likely in the coming days. Looking ahead, sentiment is bearish, and the price is making lower lows. This may continue until ETH lands on the key support. Once there, bulls could send the leading altcoin into a relief rally.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CryptoPotato.