Continue reading U.TODAY
Google news
The weekend has started in a neutral mode for the cryptocurrency market as some coins’ prices fall while others continue to rise.
Top Coins by CoinMarketCap
BTC/USD
Bitcoin (BTC) price is down 0.17% in the last 24 hours.
Image by TradingView
On the hourly chart, bitcoin (BTC) price has almost tested the $29,600 support level again. For now, traders should pay attention to yesterday’s candle high. If the bar closes at $30,500 area, growth could continue into the $31,000 area.
At press time, Bitcoin is trading at $30,223.
XRP/USD
The price of XRP has almost not changed since yesterday.
Image by TradingView
In the daily timeframe, XRP price has not accumulated enough energy to go up or down. For now, traders should pay attention to the support level at $0.4556. If there is a decline, it could be a prerequisite for a strong downtrend to the $0.44 zone.
At press time, XRP is trading at $0.4677.
ADA/USD
Cardano (ADA) price is up almost 1% since yesterday.
Image by TradingView
Even though ADA price has edged up slightly, the altcoin’s price has not built enough strength for further movement as it continues to trade sideways.
One can ponder a possible medium-term uptrend if the bulls push the price back into the $0.30 zone and fix it above it.
At press time, ADA is trading at $0.2863.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.