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ADA and BNB Price Analysis for October 3

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Mon, 3/10/2022 - 16:43
ADA and BNB Price Analysis for October 3
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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Even though the day has started neutral, bulls could seize the initiative and most of the coins are in the green zone again.

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Top 10 coins by CoinMarketCap

ADA/USD

The price of Cardano (ADA) has increased by 0.58% since yesterday.

ADA/USD chart by TradingView

Despite today's slight rise, Cardano (ADA) has not left the bearish zone yet as the price has not fixed above the vital $0.44 mark. If that happens and the volume increases, one can expect a further upward move to the $0.46-$0.48 zone.

ADA is trading at $0.4245 at press time.

BNB/USD

Binance Coin (BNB) is more gainer as the rise has accounted for 1.57%.

BNB/USD chart byTradingView

Unlike Cardano (ADA), Binance Coin (BNB) is trading near the resistance level at $286.2 which means that there is a high possibility to see the continued growth. Thus, the native exchange coin has accumulated enough power for the rise to the $300 mark.

BNB is trading at $286.3 at press time.

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