Crypto Price Analysis Jun-05: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Markets being markets, the short-term outlook is not exactly cheerful.

Ethereum ($ETH) had one of its roughest weeks of this bear market, with most cryptocurrencies falling by double digits. ETH was no exception, crashing 17%. The $1,800 support failed to hold the line and quickly flipped into resistance. At the time of writing, ETH trades below $1,700 and is struggling to find willing buyers. The most likely candidate for a bounce is the support at $1,500, a level that reversed the price back in early 2025. Looking ahead, this bear market is in full swing with no signs of ending. Prepare mentally for lower lows until a bottom is found, and that could send ETH back toward $1,000. Source: TradingView

Ripple ($XRP) also crashed 14% this week and printed a lower low. The drop was telegraphed by the breakdown below the blue pennant, an early bearish signal. Short sellers are dominating and appear keen to test the $1 support, the most likely candidate to pause the downtrend, at least momentarily. As a key psychological level, it may attract buyers, but if the market remains bearish, holding $1 looks difficult. Looking ahead, this lower low suggests the XRP downtrend has no signs of stopping. Watch the price reaction at $1 closely. If that level flips into resistance later, prepare for $0.80 next. Source: TradingView

Cardano ($ADA) finally lost its $0.24 support after considerable back-and-forth. Once it cracked, sellers piled in and sent the price tanking. ADA crashed a shocking 30% this week, its worst stretch since the October 10th crash. With $0.24 now acting as resistance, hopes of a quick recovery look slim. The more likely scenario is a slow grind lower until a final bottom is found. Current support sits at $0.15, but it will struggle to hold if this sell pressure persists. Looking ahead, there is nothing bullish on the Cardano chart. Sentiment is at an all-time low in 2026, and it would take a small miracle to see that reverse. Hopefully, $0.15 will offer some relief from the recent crash. Source: TradingView

Binance Coin ($BNB) delivered a classic bait-and-switch this past week. After breaking resistance at $690, the price reversed and dropped over 20% back to the $580 support. Anyone who bought that breakout is now trapped, which is rarely a fun place to be. The return to key support left BNB closing the week 7% lower, a bearish signal pointing to weakness and a lack of conviction among buyers. Looking ahead, it is quite likely this cryptocurrency falls below $580. If so, $500 is next, especially as the broader market could drag it lower even though bulls have done admirable work defending $580 since early 2026. Source: TradingView

HYPE ($HYPE) is back to its price from a week ago, erasing all recent gains after setting a new record near $76. The drop also lets it retest the breakout at $60. The biggest question now is whether $60 holds as support. If not, expect HYPE to slide toward $50, where the most important support level sits. As long as that holds, the uptrend that started in January 2026 remains intact. Looking ahead, this cryptocurrency already had a fantastic year, and a proper correction appears overdue. A pullback and consolidation would actually be the healthier outcome here, since going higher would only make the eventual correction more aggressive. Source: TradingView