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ADA and BNB Price Analysis for November 25

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Fri, 25/11/2022 - 21:30
ADA and BNB Price Analysis for November 25
Cover image via www.tradingview.com

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The coins might have accumulated enough effort for midterm growth, according to the CoinMarketCap ranking.

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Top 10 coins by CoinMarketCap

ADA/USD

The rate of Cardano (ADA) is unchanged since yesterday.

ADA/USD chart by TradingView

On the daily chart, the price of Cardano (ADA) has once again bounced off the support at $0.31. Until the rate is above it, buyers have a chance for a local correction.

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However, if the bar closes below the mentioned mark, the fall can continue to $0.29.

Cardano is trading at $0.3140 at press time.

BNB/USD

The price change of Binance Coin (BNB) has made up +0.98%.

BNB/USD chart byTradingView

The rate of Binance Coin (BNB) keeps slowly approaching the resistance level at $313. At the moment, one needs to pay close attention to the daily closure. If the price fixes above the $300 mark, bulls are likely to keep the upward move going.

BNB is trading at $300.8 at press time.

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