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Crypto Price Analysis May-30: ETH, XRP, ADA, SOL, and HYPE

  • Ethereum (ETH) closed the week with a 2% loss, staying above the key support level of $2,400, while Ripple (XRP) is bouncing around the $2.2 level amidst resistance at $2.6.
  • Cardano (ADA) faced a 14% loss, showing signs of a downtrend with key support at $0.7 and $0.64, while Solana (SOL) saw a 9% decrease in valuation, with a major support level at $152.
  • HYPE experienced an 8% decrease after a 330% rally, currently facing resistance at $40, with key support at $30 and $27, signaling a corrective move before a potential return to new highs.
  • Overall, the analysis reflects various levels of price movement and support/resistance dynamics for Ethereum, Ripple, Cardano, Solana, and HYPE in the cryptocurrency market.

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