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BTC, ETH and BNB Price Analysis for July 9

Sun, 07/09/2023 - 15:22
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Denys Serhiichuk
Can coins from top 10 list rise next week?
BTC, ETH and BNB Price Analysis for July 9
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Neither bulls nor bears have seized the initiative on the last day of the week.

Top 10 coins by CoinMarketCap

Top coins by CoinMarketCap


The rate of Bitcoin (BTC) has risen by 0.11% over the last 24 hours.

BTC/USD chart by TradingView

Image by TradingView

On the daily chart, the rate of Bitcoin (BTC) keeps trading sideways. Volatility has declined, which means that the coin is accumulating energy for a further move. If buyers lose the $30,000 zone, there is a high chance to see a support breakout followed by a move to the $29,000 area.

Bitcoin is trading at $30,278 at press time.


Ethereum (ETH) has gained more than BTC. However, over the last week, its price has dropped by 2.72%.

ETH/USD chart by TradingView

Image by TradingView

A similar situation is on the daily time frame of Ethereum (ETH). As neither side has seized the initiative, ongoing consolidation in the narrow range of $1,850-$1,900 is the more likely scenario for the next week.

Ethereum is trading at $1,868 at press time.


The rate of Binance Coin (BNB) has declined by 0.89% over the past 24 hours.

BNB/USD chart byTradingView

Image by TradingView

On the daily time frame, the rate of Binance Coin (BNB) is more bearish than bullish as the price is on the way to the support level at $228.4. If nothing changes, traders are likely to see an ongoing decline to the $220 mark soon.

BNB is trading at $234.9 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