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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The weekend has begun with a neutral mood on the cryptocurrency market as some coins keep trading in the green zone, while others have already entered the correction phase.
    
                    



    
                    



<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

Bitcoin (BTC) keeps trading in the green zone.&nbsp;Its rate has gone up by 3.82% over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Despite today's growth, Bitcoin (BTC) still looks bullish.&nbsp;However, it is too early to consider the setting of new peaks. The trading volume is low, which means that buyers might accumulate power for a&nbsp;future rise.

<a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-xlm-price-analysis-for-may-7">card</a>

In this regard, the main crypto might rise to the area of $60,400 where an unclosed gap is located.

Bitcoin is trading at $58,600 at press time.

ETH/USD

Ethereum (ETH) has shown&nbsp;less growth than Bitcoin (BTC) as the rate of the chief atlcoin has risen by 2% over the past 24 hours.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
Even though Ethereum (ETH) has risen less than Bitcoin (BTC), it is looking more bullish in the mid-term scenario. After a false breakout of the $3,600 level, there was no deep decline, which means that buyers are ready to continue the rise. In addition, the selling trading volume is low. All in all, the leading altcoin may achieve the next peak at around $3,800 soon.

Ethereum is trading at $3,550 at press time.

BNB/USD

Binance Coin (BNB) has gained the least from the list as the rate of the native exchange coin has risen by 0.98%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
Binance Coin (BNB) is currently located in the sideways trend, gathering energy for a possible further rise. Such a statement is confirmed by low volatility and small trading volume. As the coin is still located in the bullish trend, the breakout of the resistance at $704 might lead to&nbsp;growth at the vital level of $800.

Binance Coin is trading at $632 at press time.
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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

Bitcoin (BTC) keeps trading in the green zone.&nbsp;Its rate has gone up by 3.82% over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Despite today's growth, Bitcoin (BTC) still looks bullish.&nbsp;However, it is too early to consider the setting of new peaks. The trading volume is low, which means that buyers might accumulate power for a&nbsp;future rise.

<a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-xlm-price-analysis-for-may-7">card</a>

In this regard, the main crypto might rise to the area of $60,400 where an unclosed gap is located.

Bitcoin is trading at $58,600 at press time.

ETH/USD

Ethereum (ETH) has shown&nbsp;less growth than Bitcoin (BTC) as the rate of the chief atlcoin has risen by 2% over the past 24 hours.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
Even though Ethereum (ETH) has risen less than Bitcoin (BTC), it is looking more bullish in the mid-term scenario. After a false breakout of the $3,600 level, there was no deep decline, which means that buyers are ready to continue the rise. In addition, the selling trading volume is low. All in all, the leading altcoin may achieve the next peak at around $3,800 soon.

Ethereum is trading at $3,550 at press time.

BNB/USD

Binance Coin (BNB) has gained the least from the list as the rate of the native exchange coin has risen by 0.98%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
Binance Coin (BNB) is currently located in the sideways trend, gathering energy for a possible further rise. Such a statement is confirmed by low volatility and small trading volume. As the coin is still located in the bullish trend, the breakout of the resistance at $704 might lead to&nbsp;growth at the vital level of $800.

Binance Coin is trading at $632 at press time.
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call_user_func(Array, Object, 'kernel.view', Object) (Line: 142)
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Original U.Today article

BTC, ETH and BNB Price Analysis for May 8

Sat, 05/08/2021 - 14:23
article image
Denys Serhiichuk
Can Bitcoin (BTC) surpass the growth of Ethereum (ETH) and Binance Coin (BNB) soon?
BTC, ETH and BNB Price Analysis for May 8
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The weekend has begun with a neutral mood on the cryptocurrency market as some coins keep trading in the green zone, while others have already entered the correction phase.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) keeps trading in the green zone. Its rate has gone up by 3.82% over the last day.

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

Despite today's growth, Bitcoin (BTC) still looks bullish. However, it is too early to consider the setting of new peaks. The trading volume is low, which means that buyers might accumulate power for a future rise.

card

In this regard, the main crypto might rise to the area of $60,400 where an unclosed gap is located.

Bitcoin is trading at $58,600 at press time.

ETH/USD

Ethereum (ETH) has shown less growth than Bitcoin (BTC) as the rate of the chief atlcoin has risen by 2% over the past 24 hours.

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

Even though Ethereum (ETH) has risen less than Bitcoin (BTC), it is looking more bullish in the mid-term scenario. After a false breakout of the $3,600 level, there was no deep decline, which means that buyers are ready to continue the rise. In addition, the selling trading volume is low. All in all, the leading altcoin may achieve the next peak at around $3,800 soon.

Ethereum is trading at $3,550 at press time.

BNB/USD

Binance Coin (BNB) has gained the least from the list as the rate of the native exchange coin has risen by 0.98%.

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

Binance Coin (BNB) is currently located in the sideways trend, gathering energy for a possible further rise. Such a statement is confirmed by low volatility and small trading volume. As the coin is still located in the bullish trend, the breakout of the resistance at $704 might lead to growth at the vital level of $800.

Binance Coin is trading at $632 at press time.

#Bitcoin Price Prediction #Ethereum Price Prediction #Binance coin price prediction
article image
About the author
Denys Serhiichuk

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 denys.serhiichuk@u.today.

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