XRP, ADA, BNB, Sol and Matic

XRP, ADA, BNB, Sol and Matic
This week we take a closer look at Ripplecardano, Binance Coinsolana and Polygon.
ripple (XRP)
ripple continues to surprise the market with its strength when you consider that most old coins ended up in the minus last week. Even more: XRP has managed to close with a price increase of 2.6 % in the green area, which makes it the best performer on our list today.
This resistance has brought the price just below the important resistance at 53 cents. The volatility also increased this week and buyers have already tried to break up, but were pushed back by the bears.
With a view to the future, XRP seems to be well positioned in order to break through the important resistance, since the dynamics are clearly on the side of the buyer. The indicators on the daily time frame are also bullish, and another climb up the 53 cent mark could turn into support.
Diagram of TradingView
cardano (ada)
Cardano is the exact opposite of XRP. The price reached a lower low and finished 16 % with a loss of 16 %. This big crash could also be explained by the fact that the US stock exchange supervision SEC in the lawsuits against Binance and Coinbase Ada declared security.
The mood towards Cardano is currently quite pessimistic, and the price reflects this. For this reason, it seems more likely that the cryptocurrency will continue towards the important support at 30 cents.
look ahead have to do buyers their best to stop the attack of the bear and to reverse the downward support. Every weakness will lead to further losses for Cardano holders in the future.
Diagram of Tradingview
binance coin (bnb)
After Binance was sued by the US stock exchange supervision SEC, the price of his token BNB experienced a dive and completed the week with a loss of 15 %. This also brought him to the important support at $ 250.
The current PA is bearish and has remained like that all week. However, the sales pressure seems to be relieved, the closer the weekend moves. As long as the key support remains at $ 250, buyers could try to reverse this situation.
I'm looking ahead, Binance Coin Buyer should do your best to keep the current support, because every weakness here could lead to the course that will quickly drop to $ 200.
Diagram of Tradingview
Solana (sol)
The volatility of Solana increased in view of the events of the past week and the buyers could not defend themselves against the incoming sales pressure. For this reason, Sol concluded the week with a loss of 9 %.
The price also reached a lower low and the sellers currently seem to have the upper hand. If the pressure continues, Sol could fall on the important support of $ 17.5.
With a view to the future, Solana is still in a great span, and despite this latest assessment loss, the support could remain as in March. If so, this cryptocurrency will probably continue to move sideways.
Diagram of Tradingview
polygon (Matic)
polygon has many similarities with Cardano in terms of price development. Since Matic was also listed as security in the SEC lawsuits against Coinbase in addition to ADA, the price reacted quickly and fell by 13 %this week.
this weekSince Matic is in a clear downward trend with lower lows and lower highs, a miracle is required to change this price movement. The buyers have disappeared since February and they could not stop this declining trend.
With a view to the future, Matetic has a good support at 75 cents, and Bullen could try to take a stand here. However, in the past, every level of support was broken by the sellers, and it is unclear whether Matic has the strength to stay here.
Diagram of TradingView.