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BNB, ADA and SOL Price Analysis for November 30

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Thu, 30/11/2023 - 16:10
BNB, ADA and SOL Price Analysis for November 30
Cover image via www.tradingview.com

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The growth has not lasted long, and most of the coins have returned to the red zone.

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BNB/USD

The price of Binance Coin (BNB) has declined by 0.47% over the last day.

Image by TradingView

Today's move has not affected the general position of BNB on the daily chart. The price remains more bearish than bullish as the rate keeps trading near the support level of $224.

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Binance Coin (BNB) Price Analysis for November 29

If buyers cannot seize the initiative soon, a further drop may lead to a breakout, followed by a blast to the $220 area.

BNB is trading at $228.4 at press time.

ADA/USD

Cardano (ADA) has followed the decline of BNB, going down by 2.40%.

Image by TradingView

The rate of ADA keeps falling after a false breakout of the resistance of $0.3951. If today's bar closes below yesterday's low, the drop may continue to the $0.36 zone shortly.

ADA is trading at $0.3763 at press time.

SOL/USD

Meanwhile, the price of Solana (SOL) is almost unchanged since yesterday.

Image by TradingView

Unlike other coins, the rate of SOL is looking bullish on the daily time frame. Traders should pay attention to the nearest resistance level of $62.10. If the bar closes near or even above it, the rise may lead to the test of $67.12 soon.

SOL is trading at $61.25 at press time.

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