The cryptocurrency market continues to grow as most of the top 10 coins are trading in the green zone.
BTC/USD
Bitcoin (BTC) rate is almost unchanged since yesterday; Its price has increased only 0.35%.
On the daily chart, Bitcoin (BTC) is fighting for the $22,400 level as its breakout could lead to further gains. However, in case of bear pressure and a pullback below $22,000, the local rally could be cancelled. Such a scenario is relevant till the end of the current week.
Bitcoin is trading at $22,229 at press time.
bnb/usd
Binance Coin (BNB) has gained more than Bitcoin (BTC) as the native exchange coin is up 1%.
Binance Coin (BNB) keeps setting new local peaks as yesterday’s candle was bullish for the altcoin. If the buyers can pull back the price above the $265 mark by the end of the day, it is only a matter of time before a test of the $273 resistance level.
Sellers can forfeit the initiative only if the price is less than $250.
At press time, BNB is trading at $262.3.
ADA/USD
Cardano (ADA) is the biggest gainer from the list today, rising 2.39%.
cardano[एडीए]It has reached a crucial point of around $0.50 on the daily chart. Buying power is also supported by increased volume, which means that the bulls are more powerful than the bears at the moment. If $0.50 can be reached, a sharp pump can be expected soon.
ADA is trading at $0.4997 at press time.