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HomeDEFIBTC, BNB, ADA and MATIC Price Analysis for July 1

BTC, BNB, ADA and MATIC Price Analysis for July 1

July has began with the bounceback of the cryptocurrency market, as all the high 10 cash are within the inexperienced zone.

Top coins by CoinMarketCap
Prime cash by CoinMarketCap


Bitcoin (BTC) has begun the brand new month with a slight rise, rising by 1.63%.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

Regardless of the slight progress, Bitcoin (BTC) stays buying and selling under the important $20,000 mark. Thus, the promoting quantity is excessive, so there are nonetheless possibilities to see an extra drop. If bulls can return the speed above the $20,000 zone, BTC may enter a short-term bull run.

Bitcoin is buying and selling at $19,431 at press time.


Binance Coin (BNB) has gained extra than BTC, rising by 2%.

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

Although yesterday’s candle closed bullish, the native alternate coin couldn’t present a big rise right now. The autumn has continued after a false breakout of the $220 mark. On this case, sellers could have amassed sufficient energy for a additional drop. Respectively, BNB may once more check $220 quickly.

BNB is buying and selling at $214.7 at press time.


Cardano (ADA) has grown the least right now, because the upward transfer has accounted for less than 0.60%.

ADA/USD chart by Trading View
ADA/USD chart by Buying and selling View

Cardano (ADA) stays weak as it’s approaching the $0.44 mark once more. If the each day candle closes close to it or under, bulls won’t have the ability to cease the check of the help stage at $0.3974. As well as, ADA is trying worse than most different cash available on the market.

ADA is buying and selling at $0.4451 at press time.


MATIC is the largest gainer, rising by greater than 3% since yesterday.

MATIC/USD chart by TradingView
MATIC/USD chart by TradingView

Regardless of the rise, MATIC couldn’t return to $0.50 however made a false breakout. If bulls can’t maintain the initiative by the tip of the day, the altcoin may check yesterday’s low at $0.4180 by the tip of the week.

MATIC is buying and selling at $0.4525 at press time.

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