Ah, the merry dance of the digital ducats! This Friday, we descend into the absurdity of Ethereum, Ripple, Cardano, Binance Coin, and the ever-ludicrous Hyperliquid. A spectacle, dear reader, of greed and folly! 🤑
Ethereum (ETH)
Ethereum, that fickle minx, has had a week of unparalleled bravado, rallying by 14% and sashaying towards the $4,500 mark. The poor dear is now poised to re-test the $5,000 resistance, a barrier as flimsy as a socialite’s promise. With sellers exhausted (one imagines them weeping into their martinis), buyers have seized the reins, though one wonders how long this charade will last. 🥂
Bitcoin, that tiresome old bore, has also made gains, priming the market for higher levels. This, of course, has given Ethereum a modicum of confidence, though one suspects it’s all smoke and mirrors. A breakout above $5,000? Darling, don’t hold your breath. But should it happen, $6,000 and $7,300 await, like so many gilded carrots. 🥕
Ripple (XRP)
Ripple, that perennial also-ran, closed the week 11% higher, breaching the $3 mark. A psychological level, they say-as if these digital trinkets have any psychology beyond greed and panic. Still, $3.2 and $3.6 loom as targets, though one suspects the bulls are more bluster than brawn. 🐂
Looking ahead, XRP seems to be emerging from its consolidation phase, like a moth from a particularly uninteresting cocoon. The all-time high of $3.6? A magnet for buyers, they say. One can only hope they’re not all lemmings in disguise. 🐭
Cardano (ADA)
Cardano, the tortoise of the crypto race, managed to hold above $0.77 and closed with an 11% gain. A triumph, one supposes, though the $0.90 resistance remains a formidable hurdle. The bullish momentum? As absent as a sense of humor at a Waugh dinner party. Still, if the market remains bullish (a big if), a breakout is inevitable. Or so they say. 🏇
October has started with a bang, they tell us, though one suspects it’s more of a whimper. Cardano, ever the optimist, appears poised for new highs if buyers can muster the energy to push it beyond $0.90. Godspeed, little ADA. 🌟
Binance Coin (BNB)
Binance Coin, the enfant terrible of the crypto world, has set a new record at over $1,100, closing the week with a 16% gain. Unstoppable? Hardly. More like a runaway train with no brakes. The $1,200 resistance is next, they say, though one wonders if it’s all just a game of musical chairs. 🎢
Looking ahead, BNB is well-positioned to capitalize on the market’s enthusiasm, such as it is. $1,500 next? Darling, at this rate, they’ll be pricing it in unicorn tears. 🦄
Hype (HYPE)
Hype, that most aptly named of cryptocurrencies, has finally completed its correction, briefly touching $50 after a 15% rally. Sellers, one imagines, have fled the scene like rats from a sinking ship. To claim $50 as support? A tall order, though if successful, $60 awaits. One can only hope it doesn’t all end in tears. 😢
Despite the volatility, HYPE continues to show strength, though one suspects it’s the strength of a house of cards. Liquidity has returned to Hyperliquid, they say, though one wonders how long it will last. After all, in this circus, the only certainty is uncertainty. 🎪
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2025-10-03 15:21