PEPE leads gains as XRP clears resistance and Hyperliquid confirms a MACD crossover. October 28 analysis covers ETH, XRP, PEPE, HYPE and NEAR price levels.
| Asset | USD price | 24-hour change | Aggregate 24-hour volume | Market-cap rank |
|---|---|---|---|---|
| Ethereum (ETH) | $2,361.71 | +2.17% | $9.67 billion | 2 |
| XRP | $1.34 | +3.01% | $1.53 billion | 5 |
| Pepe (PEPE) | $0.000004930 | +14.48% | $464.56 million | 49 |
| Hyperliquid (HYPE) | $81.56 | +5.03% | $761.99 million | 11 |
| NEAR Protocol (NEAR) | $4.72 | +6.73% | $533.13 million | 19 |
Ethereum Rebounds Below Two Falling Averages
Ethereum closed Tuesday at $2,347.34, gaining 1.16% after trading between $2,294.34 and $2,361.69. Both its high and low exceeded Monday’s, and the close recovered Monday’s $2,340.93 high. That marks an improvement after the weekend retreat, although broader resistance remains overhead.
XRP Clears Its First Hurdle bu
The daily 20-period exponential moving average fell to $2,429.58 from $2,438.24. The 50-day EMA declined to $2,452.78 from $2,457.08. Price remained below both, with the faster average still beneath the slower one. Tuesday did not produce a bullish moving-average crossover.
The latest completed four-hour close stood above its 20-period EMA at $2,337.88 but below its 50-period EMA at $2,369.66. The short-term rebound has therefore recovered one trend reference without clearing the next.
A daily close above $2,368.33–$2,387.07 would recover the weekend highs and improve the approach to $2,414.63. Reclaiming the daily average zone near $2,429.58–$2,452.78 would provide stronger evidence of trend repair.
A close below $2,294.34 would weaken Tuesday’s higher-low structure and expose Monday’s $2,290.71 low. Losing Saturday’s $2,279.80 low would invalidate the weekend floor.
The latest price was 2.60% above the $2,301.92 recorded in our October 26 report.
XRP Clears Its First Hurdle but Trails the Bollinger Midpoint
XRP closed Tuesday at $1.32994, up 1.78%, after reaching $1.33287. That confirmed a close above the $1.31383 resistance highlighted in Tuesday’s report. It also finished just $0.00004 above the upper edge of the next $1.32950–$1.32990 zone, leaving little margin for treating that second area as securely recovered.
Daily Bollinger Bands, using a 20-day simple average and two population standard deviations, placed the midpoint at $1.33456. It declined from $1.33911, while the upper and lower bands stood at $1.40901 and $1.26012. Tuesday’s close remained just below the falling midpoint.
Short-term price action was stronger. The latest completed four-hour candle closed above its upper band at $1.32572. That shows an upside expansion on the shorter timeframe, rather than proof that the daily trend has reversed.
The latest price of $1.34 was above the daily midpoint, but that move belongs to an unfinished daily session. A daily close above the midpoint and Tuesday’s high would strengthen the recovery toward $1.34473 and then $1.36865.
A close back below $1.31383 would weaken the confirmed breakout. Further losses would expose Tuesday’s $1.28908 low and Monday’s $1.27106 low. Losing the weekend floor at $1.25330 would invalidate the broader recovery base.
PEPE Momentum Strengthens Ahead of Its October High
PEPE closed Tuesday at $0.000004600, gaining 6.83% after reaching $0.000004615. The close was near the session high and above Monday’s $0.000004459 high, confirming a recovery from the early-week pullback.
The daily 14-period RSI, calculated with Wilder smoothing, climbed to 58.35 from 52.16. Momentum strengthened above the neutral 50 level without reaching the conventional overbought threshold of 70. Four-hour RSI stood at 60.77 on the latest completed candle, showing positive momentum on both timeframes.
The latest price of $0.000004930 was above Tuesday’s high, but the additional rise had not yet been confirmed by a daily close. The October 23 high at $0.000005108 remains the more significant overhead reference after last week’s advance failed to hold there.
A daily close above $0.000004790, the October 21 high, would strengthen the approach to $0.000005108. Clearing the latter would establish a new high in the latest 30-day range and bring the September 22 high of $0.000005353 into focus.
A close back below $0.000004459 would weaken Tuesday’s breakout. Support then sits at $0.000004255 and $0.000004206. Losing the latter, Monday’s low, would invalidate the immediate rebound structure despite the higher RSI reading.
Hyperliquid Confirms a Bullish Daily MACD Crossover
Hyperliquid closed Tuesday at $81.19, up 3.80%, after reaching $81.81. The close exceeded Monday’s $80.60 high, extending the recovery from Saturday’s $74.33 low.
Daily MACD, using 12- and 26-period exponential moving averages and a nine-period signal EMA, crossed above its signal on the completed Tuesday candle. The line reached −2.0994 against a −2.1181 signal, turning the histogram positive at 0.0187 from −0.3307.
This is a confirmed line-signal crossover, although the gap is narrow and both lines remain below zero. It indicates improving momentum without establishing that the broader decline has fully reversed. The latest completed four-hour MACD was stronger, with a positive line and a histogram of 0.5388.
The $78.85 resistance discussed in Monday’s report has now been recovered at the daily close. The next price test is $81.81, followed by the October 21 high of $82.45. A daily close above $82.45 would clear the latest seven-day high and strengthen the recovery.
A close below $80.60 would weaken the newest breakout. Tuesday’s $77.02 low is the next downside reference, followed by Monday’s $74.88 low. Losing $74.33 would invalidate the recovery from the weekend floor, regardless of whether MACD had already crossed back below its signal.
NEAR Tests Its 20-Day Average Without Holding Above It
NEAR closed Tuesday at $4.6770, up 3.88%, after trading as high as $4.7980. The high exceeded the $4.7062 resistance followed in Tuesday’s report, but the close remained below it. That was an intraday break, not a confirmed daily breakout.
The 20-day exponential moving average declined to $4.7954, while the 50-day EMA rose to $4.3065. Tuesday’s high briefly crossed the faster average before price closed back beneath it. The two averages remain in bullish order, but price has yet to recover the shorter trend reference.
The latest completed four-hour close was above its 20-period EMA at $4.5681 and slightly below its 50-period EMA at $4.6973. Short-term recovery is progressing, but that second average remained unrecovered at the candle close.
The latest price of $4.72 was 6.79% above the $4.42 recorded in Tuesday’s report. A daily close above $4.7980 would clear the latest high and the current 20-day EMA area, strengthening the approach to $5.0075.
A close below Tuesday’s $4.3824 low would weaken the rebound and expose $4.3474, followed by the rising 50-day EMA. Losing Saturday’s $4.2501 low would invalidate the consolidation floor. Until price holds above the shorter daily average, the advance remains a recovery within the recent pullback.