Crypto Price Analysis Oct-16: ETH, XRP, ADA, BNB, and HYPE
Photo: CryptoPotato
Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) The crypto market correction continued this week and Ethereum broke below the support at $2,400 for a brief period before buyers returned to push it back up. This has allowed the price to close at a similar level to last week. This ongoing correction has completely stopped the bullish momentum, which now appears to be transitioning into a bearish trend. The only barrier to that is the support at $2,400, which is still holding at the time of this post.
Also reported by The Crypto Basic.
Source: CryptoPotato
