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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

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.

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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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