Crypto price analysis June 2: ETH, XRP, ADA, BNB and LTC

Von Krypto News Österreich

Diese Woche werfen wir einen genaueren Blick auf Ethereum, RippleCardano, Binance Coinund Litecoin. Ethereum (ETH) Die Volatilität von Ethereum stieg diese Woche stark an und es gelang ihm, einen Preisanstieg von 4 % zu verzeichnen. Dies versetzt ETH in einen Aufwärtstrend und bestätigt die 1.820-Dollar-Marke als Unterstützung. Um im grünen Bereich zu bleiben, muss ETH zwei wichtige Niveaus überwinden, 2.000 $ und 2.100 $, die derzeit als Widerstand dienen. Die Bären zeigten im April bei 2.000 US-Dollar keinen Widerstand, kamen aber bei 2.100 US-Dollar stark an. Es bleibt abzuwarten, ob es dieses Mal anders sein wird. Mit Blick auf die …
This week we take a closer look at Ethereum, Ripplecardano, Binance Coinund Litecoin. Ethereum (ETH) The volatility of Ethereum rose sharply this week and he managed to record a price increase of 4 %. This puts ETH into an upward trend and confirms the $ 1,820 brand as support. In order to stay in the green area, ETH has to overcome two important levels, $ 2,000 and $ 2,100, which currently serve as resistance. The bears did not show any resistance at $ 2,000 in April, but were strongly received by $ 2,100. It remains to be seen whether it will be different this time. With a view of the ... (Symbolbild/KNAT)

This week we take a closer look at Ethereum, Ripplecardano, Binance Coinund Litecoin.

Ethereum (ETH)

The volatility of Ethereum rose sharply this week and he managed to record a price increase of 4 %. This puts ETH into an upward trend and confirms the $ 1,820 brand as support.

In order to stay in the green area, ETH has to overcome two important levels, $ 2,000 and $ 2,100, which currently serve as resistance. The bears did not show any resistance at $ 2,000 in April, but were strongly received by $ 2,100. It remains to be seen whether it will be different this time.

With a view to the future, buyers have returned to Ethereum. However, it is still too early to say whether it is serious to maintain this upward trend. A clear outbreak of the two important level of resistance would give them full control over the price.

ethusd_2023-02_1--32 Diagram of Tradingview

ripple (XRP)

Surprisingly, XRP reached 50 cents this week and recorded a price increase of 11.7 %, which makes it the best performer on our list. The price is now just below the important resistance at 53 cents, which in the past has pushed back every attempt by buyers to drive the XRP up.

In April, the sellers were strong at the current level of resistance and did not allow an increase. If you reject the price again, the key support is 44 cents

With a view to the future, there is a great opportunity for XRP to escape the current range, which was set in April and May. If the resistance is broken, buyers could have a good chance of bringing XRP to 60 cents next.

xrpusdt_2023-02_11-05-14 Diagram by Tradingview

cardano (ada)

Cardano continues to lag behind compared to XRP and its price behavior is similar to that of ETH, which means that it was able to record a price increase of 4 % this week. The most important resistance is 38 cents, while the support is 36 cents.

If you consider that the price has reached a higher high, the trend is towards upward trend. However, ADA has to convert the 38 cent mark into support in order to maintain this dynamic. Otherwise it may be that the fluctuations stop like in the most of the month.

look ahead cardano has good chances to break out, but the conviction of the buyers is still missing. This could change quickly if the bulls increase the price over 38 cents.

Adausdt_2023-02_11-04-03 Diagram of Tradingview

binance coin (bnb)

Binance Coin had a difficult week and could not find a clear trend. For this reason, the price with a modest increase of 0.5 % remained relatively stable this week.

BNB did not succeed several times in May to break through the important resistance at $ 313. This shows that the sellers are currently still under control. The momentum indicators tend to a downward trend, and it is unlikely that this will change with this price movement.

bnbusdt_2023-02_11-06-10 Diagram by Tradingview

litecoin (ltc)

litecoin had a great week after the price rose by 8.5 %. Now the price is just below the key resistance $ 95. While the bulls could break through this key level, the real test is waiting at $ 100 and above. Since the beginning of 2023, LTC has not managed to keep a prize in the three -digit range, even if the bulls managed to bring it there several times.

In view of the increasing buying volume, the current mood seems to favor the bulls. However, the path to a three-digit assessment will be bumpy, since sellers may be interested in returning as soon as LTC reaches $ 100.

With a view to the future, the dynamic is bullish and this price movement has formed an ascending triangle. If the buyers are successful, the resistance of $ 100 could turn into an important support that paves the way for a much higher evaluation of LTC

ltcusdt_2023-02_11-06-34 Diagram by Tradingview

The contribution crypto price analysis June 2: ETH, XRP, ADA, BNB and LTC first appeared on Cryptopotato.

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