BTC, ETH, XRP, ADA and BNB Price Analysis for February 7

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$XRP price analysis: there is a chance to see XRP around the zone of the most liquidity at $0.80 by the end of the week $BTC $ETH $ADA $BNB

If the onslaught of the bulls can be supported by large volumes, then the pair may test the resistance of $3,200. Otherwise, the bears may return the price to the area of the two-hour EMA55.XRP is the biggest gainer from the list as its rate has rocketed by 13% over the last 24 hours.XRP has broken the resistance level at $0.6959 today against the declining trading volume. Currently, one needs to pay attention to the area where the daily candle closes.

Cardano has reached the resistance level at $1.188 on the daily chart. If, today, bulls can keep the price around this area, there is a possibility to see a breakout and further growth soon.Binance Coin has gained the least on the list today as the rise of the native exchange coin has accounted for 1.65%.Binance Coin has started to realize the energy accumulated since mid-January in a wide range.

Source: News Formal (newsformal.com)

 

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