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BTC, ADA and BNB Price Analysis for June 4

Sun, 06/04/2023 - 11:40
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Denys Serhiichuk
Which coins from top 10 list are ready to rise shortly?
BTC, ADA and BNB Price Analysis for June 4
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The last day of the week is neither bullish nor bearish, according to CoinMarketCap's ranking.

Top 10 coins by CoinMarketCap

Top coins by CoinMarketCap


The rate of Bitcoin (BTC) has declined by 0.18% since yesterday.

BTC/USD chart by TradingView

Image by TradingView

From a technical point of view, today's slight drop has not affected the general position of Bitcoin (BTC) on the daily chart. The rate keeps trading in the wide channel, getting energy for a further sharp move.

BTC, ETH and XRP Price Analysis for June 3

However, if buyers can hold the price above $27,000, there is a chance to see an upward move to the $27,500 zone.

Bitcoin is trading at $27,158 at press time.


The rate of Cardano (ADA) has increased by 0.75% over the last 24 hours.

ADA/USD chart by TradingView

Image by TradingView

Cardano (ADA) is looking bullish as the rate is on the way to the resistance at $0.3846. If closure happens near that mark, there is a chance to see a price blast to the $0.39 area. The selling volume has declined, which means that buyers are more powerful than sellers at the moment.

ADA is trading at $0.3808 at press time. 


Binance Coin (BNB) has followed ADA, going up by 0.12%.

BNB/USD chart by TradingView

Image by TradingView

Unlike Cardano (ADA), the rate of Binance Coin (BNB) is not ready to grow or decline as the altcoin has not accumulated enough energy yet. The nearest level that traders should pay attention to is $308. If the bar fixes above it, the growth is likely to continue to the $312 zone.

BNB is trading at $306.9 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at