October 7, 2024

Analysis of BNB / USD and ADA / USD on 11/07/2019

Analysis of BNB / USD and ADA / USD on 11/07/2019

Altcoins like BNB and ADA are consolidating below key resistance levels.

BNB / USD

Analysis of BNB / USD and ADA / USD on 11/07/2019

BNB Priceconsolidates over support levels of $ 20.00 and $ 20.20. The nearest key resistance levels are around the levels of $ 21.00 and $ 21.20, in case of overcoming which buyers can aim at the mark of $ 22.00. On the other hand, in case of breaking out of support levels of $ 20.20 and $ 20.00, sellers will continue to push the price down.

ADA / USD

Analysis of BNB / USD and ADA / USD on 11/07/2019

The price of Cardano rose to a resistance level of $ 0.0465, and then began to decline. At the moment, the price of ADA is adjusted below and is trading below $ 0.0450. If the price continues to fall, the key support level will be the $ 0.0425 mark. On the other hand, the main resistance levels are around $ 0.0450 and $ 0.0465.