Ethereum

Cardano

Coin

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/35844.jpg" alt="Cover Image" width="800"
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 </figure>The new week has started with the bears dominating as the rates of <a href="https://u.today/shib-price-analysis-for-june-4">most of the coins</a> are falling.<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="a30962e4-4b7c-476a-8437-3c7c1c895ecd" src="https://u.today/sites/default/files/inline-images/top10_474.png" />Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a><h2 id="btc-usd">BTC/USD</h2>The rate of Bitcoin (BTC) has dropped by 2.24% over the last 24 hours.<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="8f985787-4399-4da7-8dc9-65512d679fc7" src="https://u.today/sites/default/files/inline-images/btc_487.png" />Image by <a href="https://www.tradingview.com/symbols/BTCUSD">TradingView</a>On the daily chart, the price of Bitcoin (BTC) has lost the vital mark of <a href="https://u.today/btc-ada-and-bnb-price-analysis-for-june-4">$27,000</a>, which is a bearish signal. Now, traders should focus on the nearest interim level at $26,500. If the closure happens near it, one can expect an ongoing drop to the support at $25,800.Bitcoin is trading at $26,673 at press time.<h2 id="eth-usd">ETH/USD</h2>Ethereum (ETH) has followed the decline of Bitcoin (BTC), going down by 2.60%.<img alt="ETH/USD chart by TradingView" data-entity-type="file" data-entity-uuid="6419f6fb-a449-4721-a681-9619854866d2" src="https://u.today/sites/default/files/inline-images/eth_320.png" />Image by <a href="https://www.tradingview.com/symbols/ETHUSD">TradingView</a>Despite today's fall, Ethereum (ETH) is not looking as bearish as BTC, as the rate is far from the key levels. However, if buyers cannot seize the initiative shortly, a decrease below $1,800 may be a prerequisite for a more profound drop to the support at $1,737.Ethereum is trading at $1,857 at press time.<h2 id="xrp-usd">XRP/USD</h2>XRP is the only growing coin from the top 10 list today, rising by 0.35%.<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="1e7d9aa4-cf99-4180-bf5a-0b2a92c71da2" src="https://u.today/sites/default/files/inline-images/xrp_293.png" />Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>Despite today's slight rise, XRP could not continue yesterday's bullish candle. If the bar closes below the low at $0.51, bears can get back in the game and get back to the support at $0.4854 shortly.XRP is trading at $0.5250 at press time.<h2 id="ada-usd">ADA/USD</h2>The price of Cardano (ADA) has fallen by 2.57% since yesterday.<img alt="ADA/USD chart by TradingView" data-entity-type="file" data-entity-uuid="91c8666d-fbcd-4da7-aad7-8a522d6c0dc6" src="https://u.today/sites/default/files/inline-images/ada_223.png" />Image by <a href="https://www.tradingview.com/symbols/ADAUSD">TradingView</a>The price of ADA has continued the fall after a failed attempt to fix above the $0.38 zone. If today's candle closes with no long wick, the fall is likely to continue to $0.36.ADA is trading at $0.3673 at press time.<h2 id="bnb-usd">BNB/USD</h2>Binance Coin (BNB) is the biggest loser today, going down by more than 5%.<img alt="BNB/USD chart byTradingView" data-entity-type="file" data-entity-uuid="8bc1294a-ecf3-43be-8085-f7441620f0f9" src="https://u.today/sites/default/files/inline-images/bnb_216.png" />Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>On the daily time frame, the price of Binance Coin (BNB) has almost tested the support level at $282.8. At the moment, traders should focus on the bar closure. It it happens around that mark, the decline may continue to the $270 area this week.BNB is trading at $285.5 at press time.

BTC, ETH, XRP, ADA and BNB Price Analysis for June 5

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