BTC, ADA and BNB Price Latest News
The crypto currency market has especially revived with the fact that the leading crypto currency Bitcoin (BTC) is very close to the 63.000 dollar level. While Ethereum is watching this rise of Bitcoin, which is very close to $ 4,000, it seems that other altcoins have not yet achieved the rise they expected. Despite this, important points come to the fore, especially for ADA and BNB. In this analysis, we will consider these coins superficially…
A Short-Term Drop in BTC May Come
When looking at Bitcoin, it is seen that loaded sales orders have been entered, especially in the 64.000 – 65.000 dollars. While previous peak levels are usually retested, it is quite likely that there will be sales from these levels, and this has been a common situation before. For this reason, there may be withdrawals in BTC if there is an increase to the december 64,000 – 65,000 range.
In order for the BTC price to continue on its way, it needs to rise above $ 64,000 and close the day above this level. The chart, on the other hand, is currently at $ 64,000, and then points to a temporary decline.
For this reason, the worst-case scenario should always be considered. The most important support point is the 58.000 dollar levels at this stage.
What's the Situation in Cardano?
Cardano did not see a significant rise after the Alonzo hard fork and remains in the accumulation zone. While $1.90 is an important support for ADA price, a daily close above $2.30 means the consolidation is over.
ADA is currently stuck in the $2.20-$2.30 region and $2.80 could be tested if consolidation ends.
Especially 2.43 levels are very important. If this resistance is broken, the price may rise to 2.80 levels quickly.
The logical level to stop is below 1.90.
BNB Started the Week Fast
Binance Coin has definitely started the week well with news from the leading exchange. For BNB, which is traded at $ 469, the levels of $ 513 are very critical. A break above this level can bring acceleration up to $ 590.
In case things go wrong and there is a decline, it may make sense to stop below $380.