Advertisement
AD

Main navigation

ADA and BNB Price Analysis for December 7

Advertisement
Wed, 7/12/2022 - 15:19
ADA and BNB Price Analysis for December 7
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The cryptocurrency market keeps falling as all of the top 10 coins remain in the red zone.

Advertisement

Top 10 coins by CoinMarketCap

ADA/USD

Cardano (ADA) could not withstand the overall market fall, going down by 1.79%.

ADA/USD chart by TradingView

Cardano (ADA) has continued to drop after touching the $0.32 mark. At the moment, the price is trading in the middle of a wide channel, between the support at $0.2953 and the resistance at $0.3265.

Related
Bitcoin (BTC) Price Analysis for December 6

However, if buyers cannot seize the initiative shortly, the breakout of the $0.30 zone can lead to to the test of $0.29.

ADA is trading at $0.3113 at press time.

BNB/USD

Binance Coin (BNB) is no exception to the rule, declining by 1.53%.

BNB/USD chart byTradingView

Binance Coin (BNB) is about to close below the $285.4 level against the low volume. If that happens, there is a good chance of seeing the decline to the $270 area by the end of the month.

BNB is trading at $284.4 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD