Crypto Price Analysis Jun-9: XRP, ADA, BNB, SOL, and MATIC

Crypto Price Analysis Jun-9: XRP, ADA, BNB, SOL, and MATIC

This week, we take a closer look at Ripple, Cardano, Binance Coin, Solana, and Polygon.
Ripple (XRP)
Ripple continues to surprise the market with its strength, considering that in the past week, most altcoins ended up in red. More so, XRP has managed to close in green with a 2.6% increase in price, making it the best performer on our list today.
This resilience has taken the price just under the key resistance at 53 cents. Volatility also increased this week, and buyers already attempted to break higher but were pushed back by bears.
Looking ahead, XRP seems well-positioned to break the key resistance since the momentum is firmly on the buyer’s side. The indicators on the daily timeframe are also bullish, and another push higher could turn the 53 cents level into support.
Chart by TradingView
Cardano (ADA)
Cardano is the exact opposite of XRP. The price has made a lower low and closed the week with a 16% loss. This major crash could also be explained by the fact that the US SEC decla

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We współpracy z: https://cryptopotato.com/crypto-price-analysis-jun-9-xrp-ada-bnb-sol-and-matic/

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