Crypto Price Analysis Nov-6: ETH, XRP, ADA, BNB, and HYPE

Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) In the past 48 hours, the crypto market has been extremely volatile as the mid-term elections in the US concluded. Ethereum quickly rallied by 10% only to erase those gains in full a day later, thus reconfirming $2,400 as resistance. This also made the weekly price flat. Sellers have total control over the price, considering that the past five weekly candles are red with clear lower lows. In this context, it’s unlikely ETH can do much but seek support closer to $2,000. Looking ahead, the correction for the leading altcoin is far from over. The first key level that may have a shot at reversing this is found at $2,000. If that support won’t hold, then bears will push towards $1,800 next. ETH on TradingView Ripple (XRP) XRP had a bad week and closed 6% lower as sellers continue to dominate and push the asset to new lows. At the time of this post, the cross-border token is found around $1.2, but may soon find itself moving closer to the key support at $1.1 and $1. Due to the recent volatility, XRP’s downtrend appears to be accelerating with no sign of relief. This is why sellers...