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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">BTC/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">ADA/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h42">BNB/USD</a></li></ul>
The weekend has begun with the ongoing growth of the cryptocurrency market; however, it does not apply to all coins. Mainly, XRP, Polkadot (DOT) and Chainlink (LINK) are in the red zone.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
The main data for Bitcoin (BTC), Cardano (ADA) and Binance Coin (BNB) today:
Name
Ticker
Market Cap
Price
Volume (24h)
Change (24h)
Bitcoin
BTC
$748,903,420,143
$40,265.79
$75,832,390,780
6%
Cardano
ADA
$16,882,980,053
$0.5415
$6,634,413,417
5%
Binance Coin
BNB
$11,647,337,802
$74.89
$2,323,922,348
26%
BTC/USD
Bitcoin (BTC) has left the consolidation phase and fixed above the vital $40,000 mark. Such a move has affected some altcoins, which have faced a slight correction.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily chart, Bitcoin (BTC) is moving to retest the high at $42,000.
<a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-february-5">card</a>
One needs to pay close attention to the daily candle: if it closes above the $40,000 level, there is a high chance of seeing the main crypto at new peaks.
Bitcoin is trading at $40,191 at press time.
ADA/USD
Cardano (ADA) has shown less growth than Bitcoin (BTC) as the price change has accounted for 5% over the past 24 hours.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Despite the sharp rise in price, Cardano (ADA) might restest the mirror level at $0.47 before continuing its rise. The declining buying trading volume also suggests that this is the most likely scenario.
Cardano is trading at $0.5377 at press time.
BNB/USD
Binance Coin (BNB) is the top gainer today as the rate of the native exchange token has set a new peak at $76.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
From the technical point of view, Binance Coin (BNB) might face a short-term decline as, at the moment, the coin is overbought based on the value of the RSI indicator. In this regard, one may expect the altcoin to trade around the $60 level soon.
Binance Coin is trading at $74.63 at press time.
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">BTC/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">ADA/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h42">BNB/USD</a></li></ul>
The weekend has begun with the ongoing growth of the cryptocurrency market; however, it does not apply to all coins. Mainly, XRP, Polkadot (DOT) and Chainlink (LINK) are in the red zone.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
The main data for Bitcoin (BTC), Cardano (ADA) and Binance Coin (BNB) today:
Name
Ticker
Market Cap
Price
Volume (24h)
Change (24h)
Bitcoin
BTC
$748,903,420,143
$40,265.79
$75,832,390,780
6%
Cardano
ADA
$16,882,980,053
$0.5415
$6,634,413,417
5%
Binance Coin
BNB
$11,647,337,802
$74.89
$2,323,922,348
26%
BTC/USD
Bitcoin (BTC) has left the consolidation phase and fixed above the vital $40,000 mark. Such a move has affected some altcoins, which have faced a slight correction.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily chart, Bitcoin (BTC) is moving to retest the high at $42,000.
<a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-february-5">card</a>
One needs to pay close attention to the daily candle: if it closes above the $40,000 level, there is a high chance of seeing the main crypto at new peaks.
Bitcoin is trading at $40,191 at press time.
ADA/USD
Cardano (ADA) has shown less growth than Bitcoin (BTC) as the price change has accounted for 5% over the past 24 hours.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Despite the sharp rise in price, Cardano (ADA) might restest the mirror level at $0.47 before continuing its rise. The declining buying trading volume also suggests that this is the most likely scenario.
Cardano is trading at $0.5377 at press time.
BNB/USD
Binance Coin (BNB) is the top gainer today as the rate of the native exchange token has set a new peak at $76.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
From the technical point of view, Binance Coin (BNB) might face a short-term decline as, at the moment, the coin is overbought based on the value of the RSI indicator. In this regard, one may expect the altcoin to trade around the $60 level soon.
Binance Coin is trading at $74.63 at press time.
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Gamza Khanzadaev
Godfrey Benjamin