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BTC, ETH, XRP and BNB Price Analysis for April 5

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Mon, 5/04/2021 - 16:20
BTC, ETH, XRP and BNB Price Analysis for April 5
Cover image via www.tradingview.com

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The new week has begun with an ongoing bull run on the cryptocurrency market. Uniswap (UNI) is the only coin from the top 10 list located in the red zone.

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Top 10 coins by CoinMarketCap

The important data for Bitcoin (BTC), Ethereum (ETH), XRP and BNB:

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Bitcoin

BTC

$1,110,193,242,678 $59,769.08 $53,758,928,692 1.46%

Ethereum

ETH

$245,684,449,550 $2,133.61 $27,070,657,963 1.18%

XRP

XRP

$32,978,178,783 $0.7424 $12,298,180,917 21.50%

Binance Coin

BNB

$58,842,201,346 $373.59 $4,154,014,528 7.27%

BTC/USD 

Bitcoin (BTC) has managed to recover after the dump on the weekend. The price has grown by 1.46% since yesterday.

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BTC/USD chart by TradingView

On the daily chart, Bitcoin (BTC) is accumulating power for a breakout of the vital $60,000 mark. That might happen soon and, if it does, there are good chances of seeing new peaks around $64,000.

Bitcoin is trading at $59,000 at press time.

ETH/USD

Ethereum (ETH) is also bullish as the main crypto. The price rise is 1.18%.

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ETH/USD chart by TradingView

From the technical point of view, Ethereum (ETH) is looking more bullish than Bitcoin (BTC). Bulls have almost recovered from the fall of last weekend.

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In this case, buyers may restest the peak and keep growing to the next potential mark of $2,300.

Ethereum is trading at $2,115 at press time.

XRP/USD

XRP is the biggest gainer today as its rate has rocketed by more than 20% over the last 24 hours.

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XRP/USD chart by TradingView

XRP has gotten out of the accumulation period and is ready to conquer the vital mark of $1. However, there may be a minor correction around the far retest level at $0.75.

XRP is trading at $0.7210 at press time.

BNB/USD

Binance Coin (BNB) set a new peak at $384 and seems like it is not going to fall.

Article image
BNB/USD chart by TradingView

Binance Coin (BNB) has made a breakout and is ready to continue the rise. According to the chart, the native exchange coin can decline to the recent peak at $368 before it moves to $400.

BNB is trading at $375 at press time.

 
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