The market has not chosen which direction to go in as some coins are in the red zone, while others are in the green.

Chart

Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) could not join the list of rising coins, going down by 1.10%.

BTC

BTC/USD chart by TradingView

Bitcoin (BTC) remains trading in a narrow range as it has not accumulated enough energy for a sharp move. Bulls keep fighting for the $21,000 level, which is crucial to hold for a further rise. If they can do that, one can expect the test of the $22,000 zone until mid-June.

Bitcoin is trading at $21,012 at press time.

BNB/USD

Unlike Bitcoin (BTC), Binance Coin (BNB) is rising by 0.63% since yesterday.

BNBUSD

BNB/USD chart by TradingView

After the false breakout of the resistance level at $243.3, the price is about to come back and show bulls' power.

In this regard, if the daily candle closes near the $240 mark, the native exchange coin has a chance to break out, which can lead to the test of $250 soon.

BNB is trading at $238.3 at press time.

ADA/USD

Cardano (ADA) has followed the fall of Bitcoin (BTC), declining by 2.31%.

ADAUSD

ADA/USD chart by Trading View

The rate of Cardano (ADA) is almost unchanged since yesterday as neither bulls nor bears are controlling the situation at the moment. Currently, the important mark is $0.50 as its breakout can be a prerequisite for a continued rise. However, it can happen if the volume rises.

Cardano is trading at $0.4888 at press time.

SOL/USD

Solana (SOL) is also located in the red zone, losing 1.78% of its price share over the previous day.

SOLUSD

SOL/USD chart by TradingView

Despite the fall, Solana (SOL) remains trading in the bullish zone as its rate is above $37.37 that serves the support now. If buyers can hold the price near the important $40 mark, further growth may continue.

SOL is trading at $39.28 at press time.

MATIC/USD

MATIC is the biggest loser from the list today, going down by 3.30%.

MATIC

MATIC/USD chart by TradingView

MATIC is looking worse than SOL as the rate is far away from the resistance level at $0.6310. Respectively, the altcoin needs more time to garner power for a further move. The rise is possible if buyers can return the rate to $0.60.

MATIC is trading at $0.5549 at press time.

Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.

Cryptos feed Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How to trap a hungry bear

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How to trap a hungry bear

The crypto market moves higher. Placing a countertrend short is still ill-advised. Higher targets remain possible for all assets. Bitcoin price tests the lower half of an ascending channel for the third time. Ethereum price continues displaying bearish divergence but underline market strength remains. Ripple price in a make-or-break situation.

More Cryptocurrencies News

How to prepare for a ballistic XRP price move

How to prepare for a ballistic XRP price move

XRP flips bullish after tagging its primary support at $0.3600. The buyer congestion in this zone disrupted a potential drop to $0.3179. A glance at the technical outlook reveals that XRP price may close the day above $0.3800, with $0.4200 coming within reach.

More Ripple News

This MATIC price prediction is so far the best trade of 2022

This MATIC price prediction is so far the best trade of 2022

MATIC recent upswing is one of the best forecasted trade setups made this year. Here’s a full recap of what just took place. Polygon rallied 125% since July 1; FXStreet analysts were able to find an entry capturing 68% of the rally for an 85% increase in profit.

More Polygon News

Shiba Inu price ready to explode after Ethereum whale scoops up 312 billion SHIB

Shiba Inu price ready to explode after Ethereum whale scoops up 312 billion SHIB

Shiba Inu leaves competitor Dogecoin and layer-1 altcoins behind as it prepares to explode. Large wallet investors on the Ethereum network scooped up Shiba Inu, accumulating over 312 billion SHIB tokens. 

More Shiba Inu News

Bitcoin: If bulls lose control here, BTC could revisit $21,000

Bitcoin: If bulls lose control here, BTC could revisit $21,000

Bitcoin price shows an interesting setup that could reveal its next move. On closer inspection,  its technicals support a bearish outlook for the leading crypto.  

Read full analysis

BTC

ETH

XRP