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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('By the end of the week, the market is mostly red as the majority of the top 10 coins are under bearish influence. The biggest loser is DOGE, whose rate has gone down by 30 percent.
    
                    



    
                    



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

The rate of Bitcoin (BTC) has also declined since yesterday,&nbsp;its rate decreasing by 3%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Despite the price drop, the mid-term picture remains bullish until bulls keep the rate of the main crypto above $57,000. Thus, the selling trading volume is low, which means that there are not a lot of bears who want to sell by the current prices. In this case, there is a high possibility of seeing BTC at $60,000 next week.

Bitcoin is trading at $57,180 at press time.

ETH/USD

Ethereum (ETH) is more bullish than Bitcoin (BTC) as its price has increased by 5% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
Although Ethereum (ETH) remains bullish, one might expect a possible decline to the mirror level at $3,610. Such a move may be considered to be gaining power for future growth to $4,000 and above.

<a rel="nofollow" target="_blank" href="BTC, ETH, XRP and ADA Price Analysis for May 9">card</a>

Thus, the selling volume is low, considering that bears have not started fixing their positions yet.

Ethereum is trading at $3,828 at press time.

XRP/USD

XRP is the main loser today as its rate has gone down by 5% over the previous 24 hours.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
XRP is also looking more bullish than bearish as bulls have kept the rate of the altcoin trading above the $1.50 mark. There have been no big fixations, which means that buyers may return the rate to the nearest resistance at $1.62 shortly.

XRP is trading at $1.50 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer today as its rate has rocketed by 12%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Even though the rise may continue in the long-term scenario, the short term decline to the area of $1.60 is possible. Such a move is supported by decreasing buying trading volume.

ADA is trading at $1.81 at press time.
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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

The rate of Bitcoin (BTC) has also declined since yesterday,&nbsp;its rate decreasing by 3%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Despite the price drop, the mid-term picture remains bullish until bulls keep the rate of the main crypto above $57,000. Thus, the selling trading volume is low, which means that there are not a lot of bears who want to sell by the current prices. In this case, there is a high possibility of seeing BTC at $60,000 next week.

Bitcoin is trading at $57,180 at press time.

ETH/USD

Ethereum (ETH) is more bullish than Bitcoin (BTC) as its price has increased by 5% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
Although Ethereum (ETH) remains bullish, one might expect a possible decline to the mirror level at $3,610. Such a move may be considered to be gaining power for future growth to $4,000 and above.

<a rel="nofollow" target="_blank" href="BTC, ETH, XRP and ADA Price Analysis for May 9">card</a>

Thus, the selling volume is low, considering that bears have not started fixing their positions yet.

Ethereum is trading at $3,828 at press time.

XRP/USD

XRP is the main loser today as its rate has gone down by 5% over the previous 24 hours.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
XRP is also looking more bullish than bearish as bulls have kept the rate of the altcoin trading above the $1.50 mark. There have been no big fixations, which means that buyers may return the rate to the nearest resistance at $1.62 shortly.

XRP is trading at $1.50 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer today as its rate has rocketed by 12%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Even though the rise may continue in the long-term scenario, the short term decline to the area of $1.60 is possible. Such a move is supported by decreasing buying trading volume.

ADA is trading at $1.81 at press time.
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Original U.Today article

BTC, ETH, XRP and ADA Price Analysis for May 9

Sun, 05/09/2021 - 17:21
article image
Denys Serhiichuk
Can Bitcoin (BTC) start rising faster than the altcoins?
BTC, ETH, XRP and ADA Price Analysis for May 9
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

By the end of the week, the market is mostly red as the majority of the top 10 coins are under bearish influence. The biggest loser is DOGE, whose rate has gone down by 30 percent.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has also declined since yesterday, its rate decreasing by 3%.

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

Despite the price drop, the mid-term picture remains bullish until bulls keep the rate of the main crypto above $57,000. Thus, the selling trading volume is low, which means that there are not a lot of bears who want to sell by the current prices. In this case, there is a high possibility of seeing BTC at $60,000 next week.

Bitcoin is trading at $57,180 at press time.

ETH/USD

Ethereum (ETH) is more bullish than Bitcoin (BTC) as its price has increased by 5% since yesterday.

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

Although Ethereum (ETH) remains bullish, one might expect a possible decline to the mirror level at $3,610. Such a move may be considered to be gaining power for future growth to $4,000 and above.

card

Thus, the selling volume is low, considering that bears have not started fixing their positions yet.

Ethereum is trading at $3,828 at press time.

XRP/USD

XRP is the main loser today as its rate has gone down by 5% over the previous 24 hours.

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

XRP is also looking more bullish than bearish as bulls have kept the rate of the altcoin trading above the $1.50 mark. There have been no big fixations, which means that buyers may return the rate to the nearest resistance at $1.62 shortly.

XRP is trading at $1.50 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer today as its rate has rocketed by 12%.

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

Even though the rise may continue in the long-term scenario, the short term decline to the area of $1.60 is possible. Such a move is supported by decreasing buying trading volume.

ADA is trading at $1.81 at press time.

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