{"id":16897,"date":"2022-01-21T17:30:53","date_gmt":"2022-01-21T16:30:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=16897"},"modified":"2022-01-21T17:31:02","modified_gmt":"2022-01-21T16:31:02","slug":"price-analysis-1-21-eth-xrp-bnb-and-ada","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/price-analysis-1-21-eth-xrp-bnb-and-ada\/","title":{"rendered":"Price Analysis 1\/21: ETH, XRP, BNB, and ADA"},"content":{"rendered":"\n
Following the bulls' failed attempt to seize the initiative, the main coin<\/a> price have continued to fall. Can one expect any short-term rise soon?<\/h5>\n\n\n\n
\"Price
Price Analysis 1\/21: ETH, XRP, BNB, and ADA<\/figcaption><\/figure>\n\n\n\n

<\/h2>\n\n\n\n

Following the bulls' failed attempt to seize the initiative, the main coin rates have continued to fall.<\/p>\n\n\n\n

ETH\/USD <\/h2>\n\n\n\n

The Ethereum (ETH<\/a>) price tested the POC line ($3,250) yesterday, as bullish momentum broke through the $3,200 support. Following a daily high of $3,270, a dramatic drop began.<\/p>\n\n\n\n

\"Price
ETH\/USD chart by TradingView\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/figcaption><\/figure>\n\n\n\n

The bearish momentum was so powerful that it broke through $3,000 psychological support and hit a new low of $2,806.<\/p>\n\n\n\n

The collapse has now come to a halt, and some recovery is feasible. However, we could expect a continuation of the decrease to around $2,600 in the near future.<\/p>\n\n\n\n

At the time of writing, Ethereum was trading at $2,775 per coin.<\/p>\n\n\n\n

XRP\/USD<\/h2>\n\n\n\n

The XRP<\/a>\/USD pair recovered above the average price level yesterday morning, reaching a day high of $0.76.<\/p>\n\n\n\n

\"Price
XRP\/USD chart by TradingView<\/use><\/svg><\/span><\/a><\/figcaption><\/figure>\n\n\n\n

The market crashed in the evening, and by the conclusion of the day, the price of XRP had broken through the $0.70 support level. A minimum is set at $0.686 as of this morning. One analyst expects the bears can push the pair much lower today, to about $0.65.<\/p>\n\n\n\n

At the time of writing, XRP was trading at $0.6734.<\/p>\n\n\n\n

BNB\/USD<\/h2>\n\n\n\n

Binance Coin (BNB<\/a>) has fallen 11.67 percent in tandem with Bitcoin (BTC).<\/p>\n\n\n\n

\"Price
BNB\/USD chart by TradingView<\/use><\/svg><\/span><\/a><\/figcaption><\/figure>\n\n\n\n

BNB appears to be on its way to the mirror level of $385 on the daily chart. As a result, continued seller pressure is bolstered by higher trading volume, amplifying the bearish trend.<\/p>\n\n\n\n

If the price settles below $385, however, a further slide to the most liquid zone around $340 is possible.<\/p>\n\n\n\n

At the time of writing, BNB was trading at $415.4 per share.<\/p>\n\n\n\n

ADA\/USD<\/h2>\n\n\n\n

Cardano (ADA<\/a>) is the biggest loser today, having down 15.77 percent from yesterday.<\/p>\n\n\n\n

\"Price
ADA\/USD chart by TradingView<\/use><\/svg><\/span><\/a><\/figcaption><\/figure>\n\n\n\n

Despite the increasing trading volume, Cardano has almost reached the support level of $1.072. If there is a false breakout, there is a potential of a rebound back to the $1.4 zone. If the daily candle closes below this level, the decline could continue, bringing ADA below $1.<\/p>\n\n\n\n

At the time of writing, ADA was trading at $1.192.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following the bulls’ failed attempt to seize the initiative, the main coin price have continued to fall. Can one expect any short-term rise soon? Following the bulls’ failed attempt to seize the initiative, the main coin rates have continued to fall. ETH\/USD The Ethereum (ETH) price tested the POC line ($3,250) yesterday, as bullish momentum […]<\/p>\n","protected":false},"author":29,"featured_media":16898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[5571,6648,5562,5607],"class_list":["post-16897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-ada-2","tag-bnb-2","tag-eth-2","tag-xrp-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/01\/Price-Analysis-1-21-ETH-XRP-BNB-and-ADA.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/16897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=16897"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/16897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/16898"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=16897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=16897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=16897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}