
{"id":243075,"date":"2026-10-23T13:27:19","date_gmt":"2026-10-23T13:27:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=243075"},"modified":"2026-10-23T13:27:19","modified_gmt":"2026-10-23T13:27:19","slug":"crypto-price-analysis-oct-23-eth-xrp-ada-bnb-and-hype","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=243075","title":{"rendered":"Crypto Price Analysis Oct-23: ETH, XRP, ADA, BNB, and HYPE"},"content":{"rendered":"<p>Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.<\/p>\n<h2>Ethereum (ETH)<\/h2>\n<p>This week, the correction that started in early October continued, and ETH closed 2% lower. While this is a modest drop, the price has arrived at the $2,400 support, which appears to be holding at the time of this post.<\/p>\n<p>There is fear in the market, and if the key support cracks, that would send prices crashing yet again. Such a scenario would see Ethereum quickly fall to the $2,000 level, which has not been tested as support during the previous rally.<\/p>\n<p>Looking ahead, ETH is showing weakness, and the current correction has only intensified with each passing week. The only hope for bulls is to defend the price at $2,400 since the alternative is lower lows.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/10\/eth_price_chart_231026.jpg\"><\/a>Source: TradingView<\/p>\n<h2>Ripple (XRP)<\/h2>\n<p>XRP has crashed by almost 25% since it was rejected at the $1.6 resistance, with the price now found at the $1.3 critical support. This level has been tested repeatedly. While buyers managed to hold here, the outlook remains bearish.<\/p>\n<p>The price closed this week 1% lower and shows that market participants are taking their time before their next major move. That\u2019s because a break below $1.3 would likely see this cryptocurrency quickly fall towards $1 next. Bulls have to avoid that.<\/p>\n<p>Looking ahead, with the $1.6 resistance well defended, buyers had no other option but to retreat lower. At the time of this post, the support at $1.3 remains intact, but this could be just a matter of time before sellers make another attempt to break it.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/10\/xrp_price_chart_231026.jpg\"><\/a>Source: TradingView<\/p>\n<h2>Cardano (ADA)<\/h2>\n<p>ADA fell by 6% this week after the price lost its key support at $0.23. This means that buyers have most likely retreated to the $0.20 level where they will make their next stand to defend the price.<\/p>\n<p>Sellers have the upper hand, and they will likely push until the key support is tested. Only if they become exhausted will ADA get a window to enter into a relief rally. However, in such a scenario, the $0.23 level may be re-tested as resistance.<\/p>\n<p>Looking ahead, the outlook for Cardano remains bearish, and lower levels should be expected based on the current price action. Wait for $0.20 to be tested and gauge the market reaction there before making any moves.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/10\/ada_price_chart_231026.jpg\"><\/a>Source: TradingView<\/p>\n<h2>Binance Coin (BNB)<\/h2>\n<p>Surprisingly, Binance Coin has closed the week in green with a modest 2% gain. That comes after buyers managed to defend the support at $690 well before sellers had a chance to seriously challenge it. This makes it the only coin to close in green on our list.<\/p>\n<p>While this is promising, it could also be a temporary bounce before sellers make another attempt at the $690 support. This becomes quite likely if the overall market remains bearish in the coming week.<\/p>\n<p>Looking ahead, BNB may be consolidating by moving sideways above the key support at $690. Current resistance is at $800, but it\u2019s unlikely to be tested unless buyers strengthen their conviction.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/10\/bnb_price_chart_231026.jpg\"><\/a>Source: TradingView<\/p>\n<h2>Hype (HYPE)<\/h2>\n<p>Hyperliquid closed its fourth consecutive week in red, albeit with a 3% loss, which is not that concerning. However, what is concerning is the fact that the price has landed on the $76 key support. A loss of this level would break its 2026 uptrend.<\/p>\n<p>Buyers need to step up soon, or the alternative is a quick crash to even lower levels, such as the support at $63. The battle is on, and it\u2019s likely that we will have a resolution before the end of October.<\/p>\n<p>Looking ahead, Hyperliquid is still within the margins of a large ascending channel. A price below this channel would turn the chart bearish for the remainder of the year. The next few days are a break-it-or-make-it moment for HYPE, and sellers have the upper hand.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/10\/hype_price_chart_231026.jpg\"><\/a>Source: TradingView<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/crypto-price-analysis-oct-23-eth-xrp-ada-bnb-and-hype\/\">Crypto Price Analysis Oct-23: ETH, XRP, ADA, BNB, and HYPE<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week, the correction that started in early October continued, and ETH closed 2% lower. While this is a modest drop, the price has arrived at the $2,400 support, which appears to be holding at the time of this post. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-243075","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243075"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=243075"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243075\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=243075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=243075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=243075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}