Crypto prices have led to an uncertain investor feelings on a global scale today. Bitcoin price is traded close to $ 97,000 despite the turbulence. Meanwhile, when SEC accepted Grayscale’s XRP ETF application, the XRP made a strong move. In the midst of these developments, crypto analyst Duo Nine examined the technical picture of XRP, Ada, BNB and SOL.
XRP Price Estimation: The continuation of the rise depends on breaking $ 3!
The Ripple (XRP) price has a great week with an increase of 16 %. However, he failed to reach $ 3 or continued to move as a key resistance. Until the XRP rises above this psychological level, the threat of returning to the sellers will continue. The current acceleration may be sufficient to rise and to test the lock resistance. The real question is whether the XRP can break $ 3 and turn it into a key support. If it is successful, it is possible for the price to approach $ 3.4, the highest level of all time.
Island Price Estimation: Resistance in $ 0.90 will force!
Cardano (island) found great support in 64 cents, and since then the price has increased by 13 %this week to gain stable gains. The biggest challenge in the graph is the $ 0.90 resistance that will probably try to prevent buyers from attempts to take this crypto currency back $ 1 or beyond. Although the current acceleration is in the direction of rise, buyers need to turn this resistance into a support to strengthen their positions. Until then, sellers can return at any time to recapture control. However, the island has a real chance to reverse the downward trend here. Although the current gains are encouraging, the bulls will have to continue this momentum to succeed.
BNB Price Estimation: There is $ 700 on the target, but…
Binance Coin (BNB) spent a great week with a 15 %increase after buyers attacking this crypto money, which reached over $ 700 for a short time. However, at this point, the sellers stepped in and the price was seen as resistance to this lock level was able to attract. While $ 700 continued to be a castle for sellers, the bulls managed to take BNB to a very comfortable level in the last 10 days. This enabled them to regain a large part of the lost floor after the price reached $ 500 at the beginning of February. However, it may take time for BNB to rise above $ 700. However, when buyers collect power for a new move, this will eventually take place. For now, sellers seem determined to stand in key resistance.
Left Price Estimation: It is difficult to find buyers!
Unfortunately, it did not move much last week and closed with a 1.7 %modest price increase. This reflects Ethereum’s price movement. However, it can be interpreted as a sign of weakness when it comes to the left. The resistance is located in $ 206 and the buyers could not break it despite a few attempts in February. Although this key level may fall if it returns to the general market rise trend, solana seems to have difficulty finding buyers at the moment. If the sellers return, solana has a good support in $ 164, and buyers can visit this level again before they are interested. The alternative to this is to increase the sensitivity by increasing over $ 206 and start a new rally.
The opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
