ADA and BNB Price Analysis for November 20


20 Nov 2023 4:10 PM

Can Binance Coin (BNB) and Cardano (ADA) remain bulliish?...

  • The market is experiencing a rise at the start of the new week.
  • Cardano (ADA) has seen a 5% increase in price since yesterday.
  • ADA's daily chart shows a false breakout of the resistance level of $0.3951, but if the bar closes near or above it, further growth to the $0.42 zone is possible.
  • Binance Coin (BNB) has risen by almost 2%.
  • BNB's price is currently in the middle of a wide channel, indicating low chances of sharp moves. Sideways trading in the $240-$250 range is expected for the following week.

The article provides a positive outlook on the market, highlighting the rise in prices for Cardano and Binance Coin. It also mentions the potential for further growth and sideways trading.

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What is the current market trend at the start of the new week?How much has the price of Cardano (ADA) increased since yesterday?What is the resistance level for ADA?What is the expected trading scenario for Binance Coin (BNB) in the following week?What are the tags associated with the article?

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