in

Top Four Cryptocurrency To Watch This Week: BTC, BNB, SOL, MATIC.

Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Uniswap (UNI)


The last seven days ended almost the same way it started as there was little difference between the week’s open and close. The crypto market was a little stable until the market dipped on the third days of the week.

The market was quick to recover and continue trading sideways. The new week is unfolding with a lot more promise than the previous. A few hours to the time of writing, BTC and most cryptocurrency surged and revisited some price levels. The surge raises a lot of questions about price performance this week. Here are the top four cryptocurrency to watch this week;

BTC

Crypto largest coin had a very volatile week as it lost over 2% in the last seven days as it closed the week at $35,530; lower than its open of $35,880. BTC saw a low of $31,114 and a high of $38,470.

The last 24 hours ushered in the new week as it offered traders hope. Crypto firstborn coin retest and flip $39,000 over the last 24 hours. Unfortunately, the bulls couldn’t hold the market momentum as bitcoin retraced to the $38k region.

BTC was unable to test $40k last week. More indications including the quick surge crypto largest enjoyed a few hours ago that this week may see it hit $40k. Possibly we see the golden cross in the next seven days.

BNB

The Binance native coin had one of its poorest weeks during the last seven days. BNB saw a high of $407 as the week opened at $390. The coin also hit a low of $319 and recovered during the next few days after the dip but closed the week at $345 as it lost almost 12%.

The last 24 hours saw BNB rise as high as $370. The next seven days may see BNB enjoy a price rally as the buyers will increase their bags. A larger price hike like the one experienced in the last 24 hours may take place and BNB may retest $400.

SOL

Solana started last week at $42 and saw a high of $44. The thirteenth coin by market cap dipped as low as $33 and record its low during the last seven days. A recovery from $33 was not enough to save the coin as it closed last week at $36; losing 15%.

Solana will rise to $40 in the next 24 hours if the buyers defend the $38 support. Once $40 flips, we will see an intense struggle to keep the coin under $40. If the bulls defend the $40 mark, we may see the coin hit $42 in the next seven days.

MATIC

The last seven days saw Polygon lose more than 15% as it open last week at $1.52 and closed at $1.25. The sixteenth coin by market cap saw a high of $1.72 and a low of $1.25.

The new week will see polygon try to extend the price rise it enjoyed in the last 24 hours. Sustenance of the $1.4 support will guarantee a flipping of the $1.5 resistance. We may see MATIC rise as high as $1.7.

 

Affiliate:  Get a Ledger Nano X for $119 So That Hackers Won’t Steal Your Crypto!

Follow us on Twitter, Facebook, and Telegram to receive timely updates. Subscribe to our weekly Newsletter.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What do you think?

Cardano Price Analysis: 13 June

Cardano Price Analysis: 13 June

This Is When MicroStrategy Might Sell Bitcoin According to Arthur Hayes 101

This Is When MicroStrategy Might Sell Bitcoin According to Arthur Hayes