BTC, ETH, XRP, ADA, BNB, SOL and MATIC Price Analysis for January 5

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BTC, ETH, XRP, ADA, BNB, SOL and MATIC Price Analysis for January 5
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Which altcoins can withstand the fall of BTC? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX

If sellers manage to break it and fix below it on the daily chart, there might be a sharp drop to the next vital area around $450. Such a scenario might happen until mid-January.Cardano has also tested the zone of the most liquidity and fixed below it. While bulls cannot break it, bears are supposed to be more powerful than bulls. All in all, the price is located in the middle of the wide channel, far away from its support and resistance levels.

Solana is trading similarly to Cardano with a price between the support zone around $160 and the resistance of $180. Until the rate is located there, neither bulls nor bears are dominating. Likewise, sideways trading in the mentioned area is likely to continue for the next few days.MATIC is the biggest loser from the list today, whose rate has declined by 3.64% since yesterday.The price is about to reach the support at $2.291 shortly if the bearish pressure continues.

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