Advertisement
AD

Main navigation

BTC, XRP, ADA and BNB Price Analysis for March 14

Advertisement
Mon, 14/03/2022 - 15:46
BTC, XRP, ADA and BNB Price Analysis for March 14
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 new week has begun with a neutral mood on the cryptocurrency market as some digital assets are in the red zone, while others are rising.

Advertisement
Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has risen by 0.16% over the last 24 hours.

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

Despite the slight rise, the main crypto is trading in the zone of the most liquidity, accumulating power for a further sharp move. Such a statement is confirmed by the declining trading volume, which means that none of the sides is ready for either growth or decline.

Related

However, if buyers manage to get to the vital level of $40,000, there is a possibility of seeing the test of the resistance shortly.

Bitcoin is trading at $39,092 at press time.

XRP/USD

XRP is the biggest loser from the list today, falling by almost 3% since yesterday.

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

XRP is trading similarly to Bitcoin (BTC) as sideways trading remains the more likely scenario until the end of the month. From another point of view, the buying trading volume has started to grow, which means that bulls are not ready to give up.

Related

If the daily candle closes around the $0.80 mark, the rise may continue to the blue line ($0.91) until the end of the month.

XRP is trading at $0.7645 at press time.

ADA/USD

Cardano (ADA) has followed the decline of XRP, going down by 2.12%.

ADA/USD chart by TradingView
ADA/USD chart by Trading View

Cardano (ADA) is looking worse than XRP as the rate is approaching the support level at $0.709. Thus, the buying trading volume is also going down, which means that bulls are not willing to buy the altcoin at the current levels. If the bears' pressure continues and the rate closes below the support, one can expect the sharp drop soon.

ADA is trading at $0.797 at press time.

BNB/USD

Binance Coin (BNB) has declined by 0.75% over the last days.

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

Binance Coin (BNB) is located below the zone of the most liquidity at $375. Until it is below it, bears remain more powerful than bulls. If buyers want to seize the initiative and start the short-term rise, the native exchange coin should come back to the area around $400 on the daily chart. If they fail to do that, the decline may lead the rate to the support level within the next few days.

BNB is trading at $368 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

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

Popular articles

Advertisement
AD