Ethereum

Cardano

Solana

Bitcoin

Coin

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/36066.jpg" alt="Cover Image" width="800"
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 </figure>At the beginning of the week, the cryptocurrency market is not ready to grow or fall, according to the <a href="https://u.today/xrp-price-analysis-for-june-11">CoinMarketCap ranking</a>.<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="ab5dcf3c-8637-4dc2-b91a-ed561b62a60b" src="https://u.today/sites/default/files/inline-images/top10_487.png" />Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a><h2 id="btc-usd">BTC/USD</h2>The price of Bitcoin (BTC) has risen by 0.25% over the last 24 hours.<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="668d290d-093c-465f-a4d7-d6a17e9014b7" src="https://u.today/sites/default/files/inline-images/btc_489.png" />Image by <a href="https://www.tradingview.com/symbols/BTCUSD">TradingView</a>Despite today's slight rise, the rate of BTC remains under sellers' pressure as buyers could return the price above the $26,000 mark. In this case, the ongoing drop to the support at $25,212 is the more likely scenario for the following week.Bitcoin is trading at $25,825 at press time.<h2 id="eth-usd">ETH/USD</h2>Unlike Bitcoin (BTC), the rate of Ethereum (ETH) has declined by 0.37%.<img alt="ETH/USD chart by TradingView" data-entity-type="file" data-entity-uuid="c4c14c6b-16d5-4101-a7af-ed61738301f6" src="https://u.today/sites/default/files/inline-images/eth_322.png" />Image by <a href="https://www.tradingview.com/symbols/ETHUSD">TradingView</a>On the daily time frame, the rate of ETH is about to close below the support level at $1,737. If that happens, the midterm bearish trend can likely lead to a drop to the zone of $1,600. Such a scenario is relevant within the next few days.Ethereum is trading at $1,733 at press time.<h2 id="xrp-usd">XRP/USD</h2>XRP has outperformed Bitcoin (BTC) and Ethereum (ETH), going up by 1.72%.<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="faeb9fde-058a-45d0-b37f-1d43adaf828b" src="https://u.today/sites/default/files/inline-images/xrp_295.png" />Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>Today's growth has not affected the overall technical position of XRP. Sideways trading remains the more likely scenario for the next few days as the altcoin has not accumulated enough energy for a further move.<a href="https://u.today/doge-and-shib-price-analysis-for-june-11">card</a>At the moment, the nearest mark that traders should pay attention to is $0.54, the breakout of which may lead to a price blast to the $0.56 zone.XRP is trading at $0.5133 at press time.<h2 id="bnb-usd">BNB/USD</h2>The price of Binance coin (BNB) has fallen by 1.59% since yesterday.<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="da9b965b-1f7f-4850-b087-10a0a77dd79f" src="https://u.today/sites/default/files/inline-images/bnb_217.png" />Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>From the technical point of view, the rate of Binance Coin (BNB) has made a false breakout of the recently formed support level at $228.4. At the moment, one should pay attention to the bar closure. If it occurs near the bottom level, the drop will continue to $220.BNB is trading at $231.4 at press time.<h2 id="ada-usd">ADA/USD</h2>Cardano is the biggest gainer today, rocketing by 5.24%.<img alt="ADA/USD chart by TradingView " data-entity-type="file" data-entity-uuid="c5c9ffc7-6515-45b4-8172-3869e15ed264" src="https://u.today/sites/default/files/inline-images/ada_224.png" />Image by <a href="https://www.tradingview.com/symbols/ADAUSD">TradingView</a>Despite today's sharp rise, the rate of Cardano (ADA) is far from key levels, which means that the coin needs more time to accumulate strength for a further move. However, if the upward move continues to $0.29, it might be a prerequisite for a possible test of $0.30 soon.ADA is trading at $0.2785 at press time.<h2 id="sol-usd">SOL/USD</h2>The price of Solana (SOL) has fallen by 0.49% over the last 24 hours.<img alt="SOL/USD chart by TradingView" data-entity-type="file" data-entity-uuid="628c59c3-d354-4529-8384-cfd983688ef3" src="https://u.today/sites/default/files/inline-images/sol_55.png" />Image by <a href="https://www.tradingview.com/symbols/SOLUSD">TradingView</a>Despite a recent sharp drop, the price of SOL has not found a reversal zone yet as today's candle is about to close below the previous one. If that happens, there is a high possibility of seeing an ongoing correction to $14 this week.SOL is trading at $15.21 at press time.<h2 id="matic-usd">MATIC/USD</h2>MATIC has followed the bounce back of Cardano (ADA), rising by 3.22%.<img alt="MATIC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="bf4a23b3-c277-4494-ba1a-e3ed03d2ce87" src="https://u.today/sites/default/files/inline-images/matic_16.png" />Image by <a href="https://www.tradingview.com/symbols/MATICUSD">TradingView</a>The price of MATIC is trading within yesterday's bar, which means that neither bulls nor bears are dominating today. In this case, ongoing consolidation in the narrow range of $0.60-$0.65 is the more likely scenario for the next few days.MATIC is trading at $0.6417 at press time.

BTC, ETH, XRP, BNB, ADA, MATIC and SOL Price Analysis for June 12

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