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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The weekend has begun with the continued growth of the market as all of the top <a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-october-15">10 coins</a> remain in the green zone.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The rate of Bitcoin (BTC) keeps growing, coming closer to the peak around $64,000. It has risen by 2.70% over the past 24 hours.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    After the touch of the $64,000 mark, Bitcoin (BTC) is facing a short-term correction. Such a move might be considered a&nbsp;drop before the attack of the all-time high.
    
    <a rel="nofollow" target="_blank" href="#-ada-doge-and-shib-price-analysis-for-october-14">card</a>
    
    In this case, the more likely price action is the retest of the liquidity zone around $58,000, followed by a fast bounceback to $60,000.
    
    Bitcoin is trading at $60,839 at press time.
    
    ADA/USD
    
    Cardano (ADA) is the biggest gainer today with a&nbsp;price rise of&nbsp;2.54%.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
    Despite the share growth, Cardano (ADA) is still located in the accumulation zone as it&nbsp;could not show a fast rise after a retest of the <a rel="nofollow" target="_blank" href="#-bnb-doge-and-ada-price-analysis-for-october-11">$1.90</a>&nbsp;level. The low trading activity is also confirmed by a&nbsp;trading volume that is not rising. Thus, consolidation in the zone of $2.20-$2.30 may occur&nbsp;next week.
    
    ADA is trading at $2.20 at press time.
    
    BNB/USD
    
    Binance Coin (BNB) is not an exception to the rule as the rise of the native exchange coin has constituted 10.82% over the past week.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
    On the daily chart, Binance Coin (BNB) is coming closer to the resistance at $509.7. The trading volume is increasing, which means that bulls are getting ready for a breakout. If they manage to fix above the resistance, the rise may continue to $550 and above.
    
    BNB is trading at $466.60 at press time.
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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The weekend has begun with the continued growth of the market as all of the top <a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-october-15">10 coins</a> remain in the green zone.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The rate of Bitcoin (BTC) keeps growing, coming closer to the peak around $64,000. It has risen by 2.70% over the past 24 hours.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    After the touch of the $64,000 mark, Bitcoin (BTC) is facing a short-term correction. Such a move might be considered a&nbsp;drop before the attack of the all-time high.
    
    <a rel="nofollow" target="_blank" href="#-ada-doge-and-shib-price-analysis-for-october-14">card</a>
    
    In this case, the more likely price action is the retest of the liquidity zone around $58,000, followed by a fast bounceback to $60,000.
    
    Bitcoin is trading at $60,839 at press time.
    
    ADA/USD
    
    Cardano (ADA) is the biggest gainer today with a&nbsp;price rise of&nbsp;2.54%.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
    Despite the share growth, Cardano (ADA) is still located in the accumulation zone as it&nbsp;could not show a fast rise after a retest of the <a rel="nofollow" target="_blank" href="#-bnb-doge-and-ada-price-analysis-for-october-11">$1.90</a>&nbsp;level. The low trading activity is also confirmed by a&nbsp;trading volume that is not rising. Thus, consolidation in the zone of $2.20-$2.30 may occur&nbsp;next week.
    
    ADA is trading at $2.20 at press time.
    
    BNB/USD
    
    Binance Coin (BNB) is not an exception to the rule as the rise of the native exchange coin has constituted 10.82% over the past week.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BNBUSD">BNB/USD chart by TradingView</a>
    On the daily chart, Binance Coin (BNB) is coming closer to the resistance at $509.7. The trading volume is increasing, which means that bulls are getting ready for a breakout. If they manage to fix above the resistance, the rise may continue to $550 and above.
    
    BNB is trading at $466.60 at press time.
    ') (Line: 1086)
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BTC, ADA and BNB Price Analysis for October 16

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Sat, 16/10/2021 - 14:49
BTC, ADA and BNB Price Analysis for October 16
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 weekend has begun with the continued growth of the market as all of the top 10 coins remain in the green zone.

Advertisement
Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) keeps growing, coming closer to the peak around $64,000. It has risen by 2.70% over the past 24 hours.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

After the touch of the $64,000 mark, Bitcoin (BTC) is facing a short-term correction. Such a move might be considered a drop before the attack of the all-time high.

card

In this case, the more likely price action is the retest of the liquidity zone around $58,000, followed by a fast bounceback to $60,000.

Bitcoin is trading at $60,839 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer today with a price rise of 2.54%.

ADA/USD chart by TradingView
ADA/USD chart by TradingView

Despite the share growth, Cardano (ADA) is still located in the accumulation zone as it could not show a fast rise after a retest of the $1.90 level. The low trading activity is also confirmed by a trading volume that is not rising. Thus, consolidation in the zone of $2.20-$2.30 may occur next week.

ADA is trading at $2.20 at press time.

BNB/USD

Binance Coin (BNB) is not an exception to the rule as the rise of the native exchange coin has constituted 10.82% over the past week.

BNB/USD chart by TradingView
BNB/USD chart by TradingView

On the daily chart, Binance Coin (BNB) is coming closer to the resistance at $509.7. The trading volume is increasing, which means that bulls are getting ready for a breakout. If they manage to fix above the resistance, the rise may continue to $550 and above.

BNB is trading at $466.60 at press time.

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