Advertisement
AD

Main navigation

Advertisement

BTC, LUNA and AVAX Price Analysis for May 4

Advertisement
Wed, 4/05/2022 - 15:10
BTC, LUNA and AVAX Price Analysis for May 4
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 keeps trading sideways with neither bullish nor bearish sharp moves.

Advertisement
Article image
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) is slightly going up, rising by 1.33% since yesterday.

Article image
BTC/USD chart by TradingView

However, today's growth has not affected the overall picture as the price remains trading in a wide range. If bulls can hold the $37,700 mark by the end of the day, the rise may continue to the zone around $40,000 by the end of the month.

Bitcoin is trading at $38,808 at press time.

LUNA/USD

LUNA is following the rise of Bitcoin (BTC), going up by 1.37% over the last 24 hours.

Article image
LUNA/USD chart by TradingView

LUNA is also trading in the range between the support at $70.48 and the resistance at $100. But if bulls manage to come back to the zone around $90, the rise may continue. However, such a scenario is possible if the buying trading volume increases.

LUNA is trading at $84.26 at press time.

AVAX/USD

Avalanche (AVAX) has grown the least from the list today, rising by 0.72%.

Article image
AVAX/USD chart by TradingView

Avalanche (AVAX) is looking much worse as the coin is trading near the support level against the increased trading volume. If today's candle fixes below the $60 mark, the downward move may continue to the support level at $52.95 within the next few days.

AVAX is trading at $60.91 at press time.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD