BNB, ADA, DOGE price analysis for 06/26/2021

The bears are in no hurry to relinquish their advantage – almost every price surge is accompanied by a significantкоррекцией.

BNB / USDT

Binance Coin met support at $ 211.70 and the nearest resistance level is located near the 20-day EMA. This means that the market sentiment is still negative and traders are selling in spikes.

The bears will once again try to push the price below $ 211.70. If they succeed, the BNB / USDT pair could start another down trend. The next support levels will be $ 200 and $ 126.75.

On the other hand, if the price bounces offsupport, this will mean the accumulation of major players. If buyers manage to push the price above the 20-day EMA, BNB could rise to $ 433. Fixation above this level will mean the end of the down trend.

ADA / USDT

On June 22, Cardano bounced off support by $ 1, but the bulls failed to push through $ 1.42. This means that the bears haven’t given up yet and are trying to gain the upper hand.

Now sellers will try to push the price below $ 1. This is an important support level, it has not been broken since February 23rd. A breakout of this level could be the start of a fall in ADA.

In this case, ADA / USDT may fall to $ 0.68 and $ 0.40.

However, the bulls have other plans. They want to protect support for $ 1. If they succeed, the ADA could rise to $ 1.61.

DOGE/USDT

On June 22nd, DOGE bounced off the $ 0.15 support and reached the 20-day EMA of $ 0.28 today. After a sharp recovery, bears are likely to start selling aggressively again.