Advertisement
AD
    • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3123 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The cryptocurrency market is still facing a correction, with most of the top 10 coins being in the red.
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

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

Bitcoin (BTC) remains&nbsp;in the red zone, falling by 2.61 percent&nbsp;over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Despite the drop, the long-term bullish formation&nbsp;has not been broken yet as the main crypto keeps trading above the $55,000 level. In addition, the selling volume remains low, which&nbsp;signals the lack of bears' power. That is why&nbsp;there is a chance&nbsp;to get to the resistance at $60,400 by the end of the week.

Bitcoin is trading at $56,110 at press time.

ETH/USD

Ethereum (ETH) is less bearish than Bitcoin (BTC), with&nbsp;the chief altcoin going down&nbsp;by 3 percent&nbsp;over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
The expected drop means that bulls might have gained enough power for a future uptick.&nbsp;

<a rel="nofollow" target="_blank" href="#-eth-xrp-and-ltc-price-analysis-for-may-10">card</a>

Such a statement is supported by the increased buying trading volume. Summing up, the potential target of $4,400 can be attained within the nearest days.

Ethereum is trading at $4,057 at press time.

XRP/USD

XRP is the main loser today, with its price declining by 4 percent.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
XRP&nbsp;is trading similarly to Ethereum (ETH), with a bullish move remaining&nbsp;more likely to happen than a further drop. The coin has successfully bounced off the support at $1.35, having confirmed the bulls' power. In this case, the chances to come back to $1.62 remains relevant.

XRP is trading at $1.47 at press time.

BNB/USD

Binance Coin (BNB) is the main gainer today as the rate of the native exchange coin has almost unchanged since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
The drop has not affected the plans to conquer the vital $800 mark. The volatility has reduced, which means that buyers are ready to break the level of $704 toward&nbsp;new peaks. Such a possible move is accompanied by low trading volume&nbsp;as well as&nbsp;low liquidity.

Binance Coin is trading at $662 at press time.





&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;


') (Line: 1145)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
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)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
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)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3126 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The cryptocurrency market is still&nbsp;facing a correction, with&nbsp;most of the top 10 coins being in the red.
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

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

Bitcoin (BTC) remains&nbsp;in the red zone, falling by 2.61 percent&nbsp;over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Despite the drop, the long-term bullish formation&nbsp;has not been broken yet as the main crypto keeps trading above the $55,000 level. In addition, the selling volume remains low, which&nbsp;signals the lack of bears' power. That is why&nbsp;there is a chance&nbsp;to get to the resistance at $60,400 by the end of the week.

Bitcoin is trading at $56,110 at press time.

ETH/USD

Ethereum (ETH) is less bearish than Bitcoin (BTC), with&nbsp;the chief altcoin going down&nbsp;by 3 percent&nbsp;over the last day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
The expected drop means that bulls might have gained enough power for a future uptick.&nbsp;

<a rel="nofollow" target="_blank" href="#-eth-xrp-and-ltc-price-analysis-for-may-10">card</a>

Such a statement is supported by the increased buying trading volume. Summing up, the potential target of $4,400 can be attained within the nearest days.

Ethereum is trading at $4,057 at press time.

XRP/USD

XRP is the main loser today, with its price declining by 4 percent.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
XRP&nbsp;is trading similarly to Ethereum (ETH), with a bullish move remaining&nbsp;more likely to happen than a further drop. The coin has successfully bounced off the support at $1.35, having confirmed the bulls' power. In this case, the chances to come back to $1.62 remains relevant.

XRP is trading at $1.47 at press time.

BNB/USD

Binance Coin (BNB) is the main gainer today as the rate of the native exchange coin has almost unchanged since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
The drop has not affected the plans to conquer the vital $800 mark. The volatility has reduced, which means that buyers are ready to break the level of $704 toward&nbsp;new peaks. Such a possible move is accompanied by low trading volume&nbsp;as well as&nbsp;low liquidity.

Binance Coin is trading at $662 at press time.





&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;


') (Line: 1145)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
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)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
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)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    Original U.Today article

    BTC, ETH, XRP, and BNB Price Analysis for May 11

    Advertisement
    article image
    Denys Serhiichuk
    What coins can recover after yesterday's market plunge?
    Tue, 11/05/2021 - 16:47
    BTC, ETH, XRP, and BNB Price Analysis for May 11
    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 cryptocurrency market is still facing a correction, with most of the top 10 coins being in the red.

    Advertisement
    Top coins by CoinMarketCap
    Top coins by CoinMarketCap

    BTC/USD

    Bitcoin (BTC) remains in the red zone, falling by 2.61 percent over the last day.

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

    Despite the drop, the long-term bullish formation has not been broken yet as the main crypto keeps trading above the $55,000 level. In addition, the selling volume remains low, which signals the lack of bears' power. That is why there is a chance to get to the resistance at $60,400 by the end of the week.

    Bitcoin is trading at $56,110 at press time.

    ETH/USD

    Ethereum (ETH) is less bearish than Bitcoin (BTC), with the chief altcoin going down by 3 percent over the last day.

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

    The expected drop means that bulls might have gained enough power for a future uptick. 

    card

    Such a statement is supported by the increased buying trading volume. Summing up, the potential target of $4,400 can be attained within the nearest days.

    Ethereum is trading at $4,057 at press time.

    XRP/USD

    XRP is the main loser today, with its price declining by 4 percent.

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

    XRP is trading similarly to Ethereum (ETH), with a bullish move remaining more likely to happen than a further drop. The coin has successfully bounced off the support at $1.35, having confirmed the bulls' power. In this case, the chances to come back to $1.62 remains relevant.

    XRP is trading at $1.47 at press time.

    BNB/USD

    Binance Coin (BNB) is the main gainer today as the rate of the native exchange coin has almost unchanged since yesterday.

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

    The drop has not affected the plans to conquer the vital $800 mark. The volatility has reduced, which means that buyers are ready to break the level of $704 toward new peaks. Such a possible move is accompanied by low trading volume as well as low liquidity.

    Binance Coin is trading at $662 at press time.

    #Bitcoin Price Prediction #Ethereum Price Prediction #XRP Price Analysis #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.

    related image Shiba Inu Team Member Hints at BTC-Driven Supercycle for SHIB, XRP on Verge of Crazy Price Jump, BTC Leaving Exchanges En Masse: Crypto News Digest by U.Today
    2024/04/18 17:34
    Shiba Inu Team Member Hints at BTC-Driven Supercycle for SHIB, XRP on Verge of Crazy Price Jump, BTC Leaving Exchanges En Masse: Crypto News Digest by U.Today
    Valeria BlokhinaValeria Blokhina
    related image Satoshi Nakamoto's Final Words Echo as Bitcoin Halving Set for Next 36 Hours
    2024/04/18 17:34
    Satoshi Nakamoto's Final Words Echo as Bitcoin Halving Set for Next 36 Hours
    Tomiwabold OlajideTomiwabold Olajide
    related image Bitcoin ETF Hype Far From Over: Top Expert Ends Speculations
    2024/04/18 17:34
    Bitcoin ETF Hype Far From Over: Top Expert Ends Speculations
    Gamza KhanzadaevGamza Khanzadaev
    Advertisement
    TopCryptoNewsinYourMailbox
    TopCryptoNewsinYourMailbox
    Advertisement
    Price Index
    Bitcoin
    Ethereum
    XRP
    Cardano
    Dogecoin
    Shiba Inu
    Tron
    Polygon
    Litecoin
    Solana

    Latest Press Releases

    Aptos Labs collaborates with Microsoft, Brevan Howard and SK Telecom to bring global institutional finance on-chain with Aptos Ascend
    Powered by Qualcomm, Aethir Unveils Game-Changing Aethir Edge Device to Unlock the Decentralized Edge Computing Future
    SeedHunter Marketing Module is live - Web3 Influencer Campaigns with payment in Stable Coins
    Submit Press Release
    Our social media
    There's a lot to see there, too

    Popular articles

    Shiba Inu Team Member Hints at BTC-Driven Supercycle for SHIB, XRP on Verge of Crazy Price Jump, BTC Leaving Exchanges En Masse: Crypto News Digest by U.Today
    Satoshi Nakamoto's Final Words Echo as Bitcoin Halving Set for Next 36 Hours
    Bitcoin ETF Hype Far From Over: Top Expert Ends Speculations
    Show all
    Advertisement
    AD