u.today
The weekends has begun with the ongoing correction of the cryptocurrency market as all of the top 10 coins are in the green zone.
ETH/USD
Ethereum (ETH) is rising by 7% since over the last 24 hours.
After Ethereum (ETH) bounced off the support at $2,300, it keeps trading sideways, accumulating power for the price blast.
Thus, the growth is supported by the increased trading volume, which means that there is a possibility to see an ongoing rise above $2,600 next week.
Ethereum is trading at $2,540 at press time.
XRP/USD
XRP has gained less than Ethereum (ETH) as the rise has made up 3.39%.
Despite the growth, XRP is neither bullish nor bearish as the coin keeps trading sideways.
Currently, traders are accumulating power for a sharp move, which means one needs to pay close attention to the support level at $0.6959 and the resistance at $0.5614.
XRP is trading at $0.6152 at press time.
BNB/USD
The price of Binance Coin (BNB) has increased by 2.12% since yesterday.
Unlike other coins, Binance Coin (BNB) seems to be accumulating enough power for continued growth. At the moment, the price is slowly approaching the resistance at $405.6. If bulls can fix above it, there are chances to see an ongoing rise to $450.
BNB is trading at $390.6 at press time.
ADA/USD
Cardano (ADA) is not an exception to the rule, going up by 4.04%.
Cardano (ADA) is about to come back to the resistance level at $1.155 on the daily chart. Even though the buying trading volume is low, if ADA gets to the area around $1.10 and trades there for a little while, the growth may continue to the zone of the most liquidity around $1.232 soon.
ADA is trading at $1.070 at press time.