![](\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-05\/cf81fd07-4d4c-4eb8-b54d-b64e80b7e910.jpg\")
<\/p>\nBitcoin is holding strong near its critical overhead resistance at $31,000 while the US equities markets have become vulnerable to adverse news on regional banks. Gold has risen close to its all-time high, indicating that Bitcoin is currently behaving as a safe-haven asset. Ether has broken out of its triangle pattern and this may pull Bitcoin price above $30,000. <\/p>\n
– Bitcoin continues to trade inside the symmetrical triangle pattern, indicating indecision among the bulls and the bears.<\/p>\n
– Ether has broken out of its triangle pattern and if buyers sustain the price above it, the ETH\/USDT pair could first rise to $2,000 and then attempt a rally to $2,200.<\/p>\n
– BNB is witnessing a tough battle between the bulls and the bears near the support line of the symmetrical triangle pattern.<\/p>\n
– XRP formed an inside-day candlestick pattern on May 4 and a Doji candlestick pattern on May 5, indicating that the bulls and the bears are playing it safe.<\/p>\n
– Cardano dipped below the 50-day simple moving average ($0.38) on May 3 and 5 but the long tail on the candlestick shows that the bulls are aggressively defending the support near $0.37.<\/p>\n
– Dogecoin has failed to achieve a meaningful bounce off its immediate support near $0.08, suggesting that demand dries up at higher levels.<\/p>\n
– Polygon attempted to rise above the 20-day EMA ($1.02) on May 3 and 4 but the bears successfully protected the level.<\/p>\n
– Solana has been trading in a tight range for the past three days, suggesting a state of indecision among the buyers and sellers.<\/p>\n
– Sellers yanked Polkadot below the $5.70 support on May 3 but the long tail shows solid buying at lower levels.<\/p>\n
– Litecoin is stuck in a tight range as the bulls are buying on dips while the bears are selling on rallies.<\/p>\n","protected":false},"excerpt":{"rendered":"
<\/p>\n
Ether has broken out of its triangle and that may pull Bitcoin price above $30,000.<\/p>\n","protected":false},"author":1,"featured_media":10358,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[15,17],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/10357"}],"collection":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/comments?post=10357"}],"version-history":[{"count":0,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/10357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media\/10358"}],"wp:attachment":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media?parent=10357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/categories?post=10357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/tags?post=10357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}