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The market has not chosen which direction to go in as some coins are in the red zone, while others are in the green.
BTC/USD
Bitcoin (BTC) could not join the list of rising coins, going down by 1.10%.
Bitcoin (BTC) remains trading in a narrow range as it has not accumulated enough energy for a sharp move. Bulls keep fighting for the $21,000 level, which is crucial to hold for a further rise. If they can do that, one can expect the test of the $22,000 zone until mid-June.
Bitcoin is trading at $21,012 at press time.
BNB/USD
Unlike Bitcoin (BTC), Binance Coin (BNB) is rising by 0.63% since yesterday.
After the false breakout of the resistance level at $243.3, the price is about to come back and show bulls' power.
In this regard, if the daily candle closes near the $240 mark, the native exchange coin has a chance to break out, which can lead to the test of $250 soon.
BNB is trading at $238.3 at press time.
ADA/USD
Cardano (ADA) has followed the fall of Bitcoin (BTC), declining by 2.31%.
The rate of Cardano (ADA) is almost unchanged since yesterday as neither bulls nor bears are controlling the situation at the moment. Currently, the important mark is $0.50 as its breakout can be a prerequisite for a continued rise. However, it can happen if the volume rises.
Cardano is trading at $0.4888 at press time.
SOL/USD
Solana (SOL) is also located in the red zone, losing 1.78% of its price share over the previous day.
Despite the fall, Solana (SOL) remains trading in the bullish zone as its rate is above $37.37 that serves the support now. If buyers can hold the price near the important $40 mark, further growth may continue.
SOL is trading at $39.28 at press time.
MATIC/USD
MATIC is the biggest loser from the list today, going down by 3.30%.
MATIC is looking worse than SOL as the rate is far away from the resistance level at $0.6310. Respectively, the altcoin needs more time to garner power for a further move. The rise is possible if buyers can return the rate to $0.60.
MATIC is trading at $0.5549 at press time.
Godfrey Benjamin
Gamza Khanzadaev
Yuri Molchan
