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BTC, ETH and XRP Price Prediction for May 6
The post BTC, ETH and XRP Price Prediction for May 6 appeared on BitcoinEthereumNews.com. Cover image via www.tradingview.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The prices of most of the coins are rising, however, there are some exceptions to the rule, according to CoinMarketCap. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has fallen by 0.34% over the last 24 hours. Image by TradingView Today’s drop has not much affected the overall technical position of BTC on the daily chart. Such a statement is also confirmed by a falling volume. In this case, ongoing sideways trading in the narrow range of $63,000-$65,000 is the more likely scenario for the next few days. Bitcoin is trading at $63,857 at press time. ETH/USD Ethereum (ETH) has followed the decline of BTC, going down by 0.90%. Image by TradingView On the daily time frame, the price of Ethereum (ETH) is trading similarly to BTC. At the moment, one should focus on the bar’s closure in terms of the zone of $3,100. If it breaks out, the correction may lead to the test of $3,000. Ethereum is trading at $3,115 at press time. XRP/USD Unlike other coins, the rate of XRP has gone up by 0.50%. Image by TradingView Despite today’s slight rise, the price of XRP has not accumulated enough energy to grow. The rate has once again failed to fix above the interim zone of $0.54. If buyers cannot seize the initiative shortly, there…
The post BTC, ETH and XRP Price Prediction for May 6 appeared on BitcoinEthereumNews.com.
Cover image via www.tradingview.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The prices of most of the coins are rising, however, there are some exceptions to the rule, according to CoinMarketCap. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has fallen by 0.34% over the last 24 hours. Image by TradingView Today’s drop has not much affected the overall technical position of BTC on the daily chart. Such a statement is also confirmed by a falling volume. In this case, ongoing sideways trading in the narrow range of $63,000-$65,000 is the more likely scenario for the next few days. Bitcoin is trading at $63,857 at press time. ETH/USD Ethereum (ETH) has followed the decline of BTC, going down by 0.90%. Image by TradingView On the daily time frame, the price of Ethereum (ETH) is trading similarly to BTC. At the moment, one should focus on the bar’s closure in terms of the zone of $3,100. If it breaks out, the correction may lead to the test of $3,000. Ethereum is trading at $3,115 at press time. XRP/USD Unlike other coins, the rate of XRP has gone up by 0.50%. Image by TradingView Despite today’s slight rise, the price of XRP has not accumulated enough energy to grow. The rate has once again failed to fix above the interim zone of $0.54. If buyers cannot seize the initiative shortly, there…
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