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    • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3178 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('After yesterday's fall, most of the top 10 coins are in the red. Cardano (ADA) is the only exception, rocketing by almost 13 percent.
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

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

Bitcoin (BTC) is the main loser on our list today, with its price&nbsp;declining&nbsp;by over 9 percent.&nbsp;
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Even though the chance of further drop remains high, there is a high possibility of&nbsp;seeing a test of the mirror level at $53,500. Such a move is accompanied by the increased buying trading volume. However, a possible bounce can also be considered as a correction after a&nbsp;sharp dump, but not a start of a new bullish rally.

Bitcoin is trading at $49,780 at press time.

ETH/USD

The price of Ethereum (ETH) has gone down by 9.54 percent over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
From a technical point of view, Ethereum (ETH) is more bearish than Bitcoin (BTC) as bulls could not show a significant bounce after a false breakout. Thus, the selling trading volume remains high.

<a rel="nofollow" target="_blank" href="#-eth-xrp-and-doge-price-analysis-for-may-12">card</a>

That is why the more likely scenario is a continued correction to the next support at around $3,500.

Ethereum is trading at $3,756 at press time.

XRP/USD

The price of XRP has not decreased as&nbsp;much as Bitcoin (BTC) or Ethereum (ETH). The price drop is&nbsp;7 percent.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
On the daily chart, XRP has bounced back to the MA 50, confirming&nbsp;the bulls' power. The buying trading volume is quite high which means that bulls are not going to seize the initiative in the near future. In this case, there is a chance to see XRP at&nbsp;the resistance of around $1.36 soon.

XRP is trading at $1.31 at press time.

ADA/USD

Cardano (ADA) is the only rising coin today. Its rate has increased by more than 10 percent.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Despite the sharp increase,&nbsp;the growth might continue after a possible retest of the recent peak at $1.83. If Cardano (ADA) successfully bounces back from that level, the mark of $2 may be attained shortly.

ADA is trading at $1.93 at press time.



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__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('After yesterday's fall, most of the top 10 coins are in the red. Cardano (ADA) is the only exception, rocketing by almost 13 percent.
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

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

Bitcoin (BTC) is the main loser on our list today, with its price&nbsp;declining&nbsp;by over 9 percent.&nbsp;
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Even though the chance of further drop remains high, there is a high possibility of&nbsp;seeing a test of the mirror level at $53,500. Such a move is accompanied by the increased buying trading volume. However, a possible bounce can also be considered as a correction after a&nbsp;sharp dump, but not a start of a new bullish rally.

Bitcoin is trading at $49,780 at press time.

ETH/USD

The price of Ethereum (ETH) has gone down by 9.54 percent over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
From a technical point of view, Ethereum (ETH) is more bearish than Bitcoin (BTC) as bulls could not show a significant bounce after a false breakout. Thus, the selling trading volume remains high.

<a rel="nofollow" target="_blank" href="#-eth-xrp-and-doge-price-analysis-for-may-12">card</a>

That is why the more likely scenario is a continued correction to the next support at around $3,500.

Ethereum is trading at $3,756 at press time.

XRP/USD

The price of XRP has not decreased as&nbsp;much as Bitcoin (BTC) or Ethereum (ETH). The price drop is&nbsp;7 percent.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
On the daily chart, XRP has bounced back to the MA 50, confirming&nbsp;the bulls' power. The buying trading volume is quite high which means that bulls are not going to seize the initiative in the near future. In this case, there is a chance to see XRP at&nbsp;the resistance of around $1.36 soon.

XRP is trading at $1.31 at press time.

ADA/USD

Cardano (ADA) is the only rising coin today. Its rate has increased by more than 10 percent.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Despite the sharp increase,&nbsp;the growth might continue after a possible retest of the recent peak at $1.83. If Cardano (ADA) successfully bounces back from that level, the mark of $2 may be attained shortly.

ADA is trading at $1.93 at press time.



&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;


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Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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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, XRP and ADA Price Analysis for May 13

    Advertisement
    article image
    Denys Serhiichuk
    Which crypto can follow the rise of Cardano (ADA) soon?
    Thu, 13/05/2021 - 17:45
    BTC, ETH, XRP and ADA Price Analysis for May 13
    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

    After yesterday's fall, most of the top 10 coins are in the red. Cardano (ADA) is the only exception, rocketing by almost 13 percent.

    Advertisement
    Top coins by CoinMarketCap
    Top coins by CoinMarketCap

    BTC/USD

    Bitcoin (BTC) is the main loser on our list today, with its price declining by over 9 percent. 

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

    Even though the chance of further drop remains high, there is a high possibility of seeing a test of the mirror level at $53,500. Such a move is accompanied by the increased buying trading volume. However, a possible bounce can also be considered as a correction after a sharp dump, but not a start of a new bullish rally.

    Bitcoin is trading at $49,780 at press time.

    ETH/USD

    The price of Ethereum (ETH) has gone down by 9.54 percent over the last day.

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

    From a technical point of view, Ethereum (ETH) is more bearish than Bitcoin (BTC) as bulls could not show a significant bounce after a false breakout. Thus, the selling trading volume remains high.

    card

    That is why the more likely scenario is a continued correction to the next support at around $3,500.

    Ethereum is trading at $3,756 at press time.

    XRP/USD

    The price of XRP has not decreased as much as Bitcoin (BTC) or Ethereum (ETH). The price drop is 7 percent.

    XRP/USD chart by TradingView
    XRP/USD chart by TradingView

    On the daily chart, XRP has bounced back to the MA 50, confirming the bulls' power. The buying trading volume is quite high which means that bulls are not going to seize the initiative in the near future. In this case, there is a chance to see XRP at the resistance of around $1.36 soon.

    XRP is trading at $1.31 at press time.

    ADA/USD

    Cardano (ADA) is the only rising coin today. Its rate has increased by more than 10 percent.

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

    Despite the sharp increase, the growth might continue after a possible retest of the recent peak at $1.83. If Cardano (ADA) successfully bounces back from that level, the mark of $2 may be attained shortly.

    ADA is trading at $1.93 at press time.

    #Bitcoin Price Prediction #Ethereum Price Prediction #XRP Price Analysis #Cardano 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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