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.
The cryptocurrency market keeps rising after yesterday's reversal.
XRP/USD
XRP is one of the biggest rising coins today, going up by 7.40%.
On the daily chart, XRP is likely to continue the rise if the bar closes near the $0.40 level or above it. In this case, the upward move might be possible to the resistance at $0.4380.
Thus, the rising buying volume is also a prerequisite for possible growth soon.
XRP is trading at $0.3924 at press time.
BNB/USD
Binance Coin (BNB) is following the rise of XRP, growing by 6.38% over the past 24 hours.
Despite today's rise, Binance Coin (BNB) has not returned to the bullish zone yet as the price is still below the $300 mark. In this case, bears keep controlling the situation, which is also confirmed by the low volume. If the situation does not change, a further drop might happen on the weekend.
BNB is trading at $296.6 at press time.
Alex Dovbnya
Valeria Blokhina
Tomiwabold Olajide
