BTC, ETH, ADA and BNB Price Analysis for April 2


article image

Denys Serhiichuk

Track live crypto price of 10000+ coins!


Which coins are likely to keep rising faster than Bitcoin (BTC)?

Bulls could restore their positions as the weekend has begun with the market bouncing back.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has risen by 2.73% over the last 24 hours.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

On the daily chart, BTC has continued its growth after the bounceback from the support level at $44,776. If bulls can hold the zone around $47,000, the rise may continue to the resistance around $50,000 next week.

Bitcoin is trading at $46,798 at press time.

ETH/USD

Ethereum (ETH) has gained more than Bitcoin (BTC) with a rise of 5% since yesterday.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Ethereum (ETH) has broken the resistance level at $3,483 on the daily chart. The growth has been accompanied by an increased trading volume, which means that bulls are ready to keep the rise going.

In this case, the breakout may lead to a further upward move to $3,600-$3,700 in the next few days.

Related:  Bitcoin mining difficulty hits an ATH of above 30 trillion

Ethereum is trading at $3,505 at press time.

ADA/USD

Cardano (ADA) has followed the rise of BTC, going up by almost 4%.

ADA/USD chart by Trading View
ADA/USD chart by Trading View

Cardano (ADA) remains bullish even though it is trading in the wide channel. If bulls’ pressure continues, there is an opportunity to see a breakout of the $1.246 level next week.

ADA is trading at $1.187 at press time.

BNB/USD

Binance Coin (BNB) is not an exception to the rule, growing by 3.75% over the past 24 hours.

BNB/USD chart by TradingView
BNB/USD chart by TradingView

Binance Coin (BNB) has made a false breakout of the recently formed local resistance zone at $452.3. However, bulls do not seem ready to give up and are returning the price to the zone around $450.

If the daily candle fixes around this mark, buyers may accumulate energy for a breakout once again.

BNB is trading at $448.7 at press time.


Download MAXBIT Android App, Your best source of all crypto news!

Google Play

Source link

Share this article: