ETH, XRP, BNB and ADA Price Analysis for June 14

Denys Serhiichuk

How long can the altcoins market rise faster than Bitcoin (BTC)?

Most of the coins have bounced off after a few days of the market fall.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

ETH/USD

Ethereum (ETH) has grown the least today, rising by 2.71%.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Ethereum (ETH) made a false breakout of the $1,100 mark against the rise of buying volume. At the moment, the main altcoin is trading near the $1,200 zone on the daily chart.


If buyers can resist bears’ pressure, the correction may lead to the test of $1,300 soon.

Ethereum is trading at $1,221 at press time.

XRP/USD

The rate of XRP has increased by 3.34% since yesterday.

XRP/USD chart by TradingView
XRP/USD chart by TradingView

XRP has also bounced off its vital mark of $0.30. The price is stuck between the support at $0.3040 and the recently formed resistance at $0.33362. If the daily candle fixes above the $0.31 mark, there is a high possibility to see the test of the mentioned resistance soon.

XRP is trading at $0.31723 at press time.

BNB/USD

Binance Coin (BNB) is not an exception to the rule, following the rise of other cryptocurrencies.

BNB/USD chart by TradingView
BNB/USD chart by TradingView

Binance Coin (BNB) has almost touched the vital $200 mark and come back to the channel where it was located before. If the selling volume rises and the decline continues to the $215-$210 area, traders can expect a sharp drop soon.

BNB is trading at $225.4 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer from the list today, rocketing by 8.78%.

ADA/USD chart by Trading View
ADA/USD chart by Trading View

Cardano (ADA) is looking better than other coins as the altcoin has not updated the low of May. In this case, if buyers can hold the rate above $0.50, the rise may continue to the $0.55 zone until June.

ADA is trading at $0.5032 at press time.