|

How great are the chances to see growth of the market by the end of the month?

The new week has begun with a neutral mood on the cryptocurrency market as some digital assets are in the red zone, while others are rising.

Chart

Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has risen by 0.16% over the last 24 hours.

BTCUSD

BTC/USD chart by TradingView

Despite the slight rise, the main crypto is trading in the zone of the most liquidity, accumulating power for a further sharp move. Such a statement is confirmed by the declining trading volume, which means that none of the sides is ready for either growth or decline.

However, if buyers manage to get to the vital level of $40,000, there is a possibility of seeing the test of the resistance shortly.

Bitcoin is trading at $39,092 at press time.

XRP/USD

XRP is the biggest loser from the list today, falling by almost 3% since yesterday.

XRPUSD

XRP/USD chart by TradingView

XRP is trading similarly to Bitcoin (BTC) as sideways trading remains the more likely scenario until the end of the month. From another point of view, the buying trading volume has started to grow, which means that bulls are not ready to give up.

If the daily candle closes around the $0.80 mark, the rise may continue to the blue line ($0.91) until the end of the month.

XRP is trading at $0.7645 at press time.

ADA/USD

Cardano (ADA) has followed the decline of XRP, going down by 2.12%.

ADA

ADA/USD chart by Trading View

Cardano (ADA) is looking worse than XRP as the rate is approaching the support level at $0.709. Thus, the buying trading volume is also going down, which means that bulls are not willing to buy the altcoin at the current levels. If the bears' pressure continues and the rate closes below the support, one can expect the sharp drop soon.

ADA is trading at $0.797 at press time.

BNB/USD

Binance Coin (BNB) has declined by 0.75% over the last days.

BNB

BNB/USD chart by TradingView

Binance Coin (BNB) is located below the zone of the most liquidity at $375. Until it is below it, bears remain more powerful than bulls. If buyers want to seize the initiative and start the short-term rise, the native exchange coin should come back to the area around $400 on the daily chart. If they fail to do that, the decline may lead the rate to the support level within the next few days.

BNB is trading at $368 at press time.


Read full original article on U.Today

Author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis.

More from Denys Serhiichuk
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP rebounds amid ETF inflows and declining retail demand demand

XRP rebounds as bulls target a short-term breakout above $2.00 on Friday. XRP ETFs record the highest inflow since December 8, signaling growing institutional appetite.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

World Liberty Financial recovers as community votes to unlock treasury funds for USD1 adoption

World Liberty Financial recovers over 3% on Friday, holding ground at a key support trendline. Community begins voting to unlock roughly 5% WLFI treasury funds to incentivize USD1 stablecoin adoption.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.