BNB, SOL, XRP, ADA, DOGE, SHIB Price Analysis: April 10
- BNB flashed a buy signal at $571, while SOL’s price might decrease to $161.63.
- XRP might consolidate but bears might force ADA down to $0.53.
- DOGE’s analysis suggested a drawdown of $0.16 but SHIB might rebound as the ADX became weak.
Cryptocurrency prices over the last few days have been locked in a battle between bulls and bears. At some point, the values of these assets jumped. But most have been short-lived as bears keep rejecting the bullish recurring attempts.
Here is a look at the prices of some of the top cryptocurrencies.
BNB/USD
For the past few days, bulls have resolved to send Binance Coin (BNB) to $600. But the 4-hour analysis revealed that all those efforts have been futile. For instance, when the price increased from $551 on April 3, it could only get to $596 as bears enforced the resistance.
On Monday, April 8, a similar thing occurred. According to signals from the Relative Strength Index (RSI), bulls were making efforts to hit the $600 psychological area. Should the RSI reading climb past the midpoint, the BNB might have a shot again.
On the other hand, failure to impr…
The post BNB, SOL, XRP, ADA, DOGE, SHIB Price Analysis: April 10 appeared first on Coin Edition.
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BNB, SOL, XRP, ADA, DOGE, SHIB Price Analysis: April 10
- BNB flashed a buy signal at $571, while SOL’s price might decrease to $161.63.
- XRP might consolidate but bears might force ADA down to $0.53.
- DOGE’s analysis suggested a drawdown of $0.16 but SHIB might rebound as the ADX became weak.
Cryptocurrency prices over the last few days have been locked in a battle between bulls and bears. At some point, the values of these assets jumped. But most have been short-lived as bears keep rejecting the bullish recurring attempts.
Here is a look at the prices of some of the top cryptocurrencies.
BNB/USD
For the past few days, bulls have resolved to send Binance Coin (BNB) to $600. But the 4-hour analysis revealed that all those efforts have been futile. For instance, when the price increased from $551 on April 3, it could only get to $596 as bears enforced the resistance.
On Monday, April 8, a similar thing occurred. According to signals from the Relative Strength Index (RSI), bulls were making efforts to hit the $600 psychological area. Should the RSI reading climb past the midpoint, the BNB might have a shot again.
On the other hand, failure to impr…
The post BNB, SOL, XRP, ADA, DOGE, SHIB Price Analysis: April 10 appeared first on Coin Edition.
Read More