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    • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3183 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Despite the drop on the weekend, the cryptocurrency market has recovered and kept its rise steady. Most of the top 10 coins are located in the green zone.
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
BTC/USD

Monday has begun with the bounceback of the main crypto from the liquidity level at $56,000 that had&nbsp;confirmed bulls' power.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily chart, Bitcoin (BTC) is looking bullish despite&nbsp;short-term corrections. The buyers are accumulating strength before the continued rise based on the trading volume.

<a rel="nofollow" target="_blank" href="#-eth-xrp-bnb-and-link-price-analysis-for-may-1">card</a>

As the more likely scenario, the growth may&nbsp;last to the unclosed gap in&nbsp;the area of $60,500.

Bitcoin is trading at $57,920 at press time.

ETH/USD

Ethereum (ETH) has broken the vital mark at $3,000 and keeps rising. The growth over the last day is 8.34%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
The breakout was accompanied by an increasing trading volume, which means that buyers may have begun fixing their positions by now.&nbsp;Even though the long-term trend remains bullish, and $3,000 may not be the peak, there are chances to see a retest of the mirror level at $2,950 soon.

Ethereum is trading at $3,164 at press time.

ADA/USD

Compared to Ethereum (ETH), the rate of Cardano (ADA) has not increased much. The price change is only +1% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
From the technical point of view, Cardano (ADA) is not ready to grow now as the accumulation has not ended yet. The coin is trading within a&nbsp;narrow range, which means that the price change might occur soon. In this regard, the bullish scenario with the target at $1.54 is the more likely scenario for the upcoming days.

Cardano is trading at $1.35 at press time.

BNB/USD

Unlike Cardano (ADA), Binance Coin (BNB) has already accumulated enough power for growth.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
Binance Coin (BNB) is on its way to the vital $700 mark. However, there might be a slight correction from there as there is&nbsp;not enough power to keep the rise going. If that happens, a drop is possible to the area of the most liquidity at $600.

BNB is trading at $661 at press time.
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    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
BTC/USD

Monday has begun with the bounceback of the main crypto from the liquidity level at $56,000 that had&nbsp;confirmed bulls' power.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily chart, Bitcoin (BTC) is looking bullish despite&nbsp;short-term corrections. The buyers are accumulating strength before the continued rise based on the trading volume.

<a rel="nofollow" target="_blank" href="#-eth-xrp-bnb-and-link-price-analysis-for-may-1">card</a>

As the more likely scenario, the growth may&nbsp;last to the unclosed gap in&nbsp;the area of $60,500.

Bitcoin is trading at $57,920 at press time.

ETH/USD

Ethereum (ETH) has broken the vital mark at $3,000 and keeps rising. The growth over the last day is 8.34%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
The breakout was accompanied by an increasing trading volume, which means that buyers may have begun fixing their positions by now.&nbsp;Even though the long-term trend remains bullish, and $3,000 may not be the peak, there are chances to see a retest of the mirror level at $2,950 soon.

Ethereum is trading at $3,164 at press time.

ADA/USD

Compared to Ethereum (ETH), the rate of Cardano (ADA) has not increased much. The price change is only +1% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
From the technical point of view, Cardano (ADA) is not ready to grow now as the accumulation has not ended yet. The coin is trading within a&nbsp;narrow range, which means that the price change might occur soon. In this regard, the bullish scenario with the target at $1.54 is the more likely scenario for the upcoming days.

Cardano is trading at $1.35 at press time.

BNB/USD

Unlike Cardano (ADA), Binance Coin (BNB) has already accumulated enough power for growth.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
Binance Coin (BNB) is on its way to the vital $700 mark. However, there might be a slight correction from there as there is&nbsp;not enough power to keep the rise going. If that happens, a drop is possible to the area of the most liquidity at $600.

BNB is trading at $661 at press time.
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Twig\Template->render(Array, Array) (Line: 40)
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Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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    Original U.Today article

    BTC, ETH, BNB and ADA Price Analysis for May 3

    Advertisement
    article image
    Denys Serhiichuk
    How great are the coins' chances to set new peaks?
    Mon, 3/05/2021 - 16:30
    BTC, ETH, BNB and ADA Price Analysis for May 3
    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

    Despite the drop on the weekend, the cryptocurrency market has recovered and kept its rise steady. Most of the top 10 coins are located in the green zone.

    Advertisement
    Top 10 coins by CoinMarketCap
    Top 10 coins by CoinMarketCap

    BTC/USD

    Monday has begun with the bounceback of the main crypto from the liquidity level at $56,000 that had confirmed bulls' power.

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

    On the daily chart, Bitcoin (BTC) is looking bullish despite short-term corrections. The buyers are accumulating strength before the continued rise based on the trading volume.

    card

    As the more likely scenario, the growth may last to the unclosed gap in the area of $60,500.

    Bitcoin is trading at $57,920 at press time.

    ETH/USD

    Ethereum (ETH) has broken the vital mark at $3,000 and keeps rising. The growth over the last day is 8.34%.

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

    The breakout was accompanied by an increasing trading volume, which means that buyers may have begun fixing their positions by now. Even though the long-term trend remains bullish, and $3,000 may not be the peak, there are chances to see a retest of the mirror level at $2,950 soon.

    Ethereum is trading at $3,164 at press time.

    ADA/USD

    Compared to Ethereum (ETH), the rate of Cardano (ADA) has not increased much. The price change is only +1% since yesterday.

    ADA/USD chart by TradingView
    ADA/USD chart by TradingView

    From the technical point of view, Cardano (ADA) is not ready to grow now as the accumulation has not ended yet. The coin is trading within a narrow range, which means that the price change might occur soon. In this regard, the bullish scenario with the target at $1.54 is the more likely scenario for the upcoming days.

    Cardano is trading at $1.35 at press time.

    BNB/USD

    Unlike Cardano (ADA), Binance Coin (BNB) has already accumulated enough power for growth.

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

    Binance Coin (BNB) is on its way to the vital $700 mark. However, there might be a slight correction from there as there is not enough power to keep the rise going. If that happens, a drop is possible to the area of the most liquidity at $600.

    BNB is trading at $661 at press time.

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