Bitcoin (BTC), Cardano (ADA) and Binance Coin (BNB) Price Analysis

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The weekend after the approval of the US Securities and Exchange Commission (SEC) Bitcoin Futures ETF started partly positively on behalf of cryptocurrencies.

BTC/USD

The leading cryptocurrency in the last 24 hours Bitcoin (BTC) recorded a significant rise from the price levels of $ 60,000 to the levels of $ 62,600. However, after this bullish movement, Bitcoin made a small correction movement and fell to the 60.000 dollar levels, albeit for a short time.

A large number of analysts, BTChe thinks that it may fall to $ 58,000 before exceeding the all-time high, and immediately after that, the crypto asset may attempt to test the resistance at the levels of $ 64,000-$65,000 by entering a rapid recovery process.

At the time of writing, Bitcoin (BTC) is trading at $60,800 price levels according to CoinMarketCap data.

ADA/USD

The crypto currency of the smart contract platform Cardano NAME, it decoupled between the 2.20 dollar and 2.25 dollar levels within the 24-hour time frame. ADA, which has been performing at a high price since the beginning of 2021 and reached an all-time high with a price level of $ 3, has not been able to catch up with its former momentum since the September declines. Numerous analysts have stated that the critical support zone for Cardano in a possible market correction is the $ 2 price level.

At the time of writing, Cardano (ADA) is trading at price levels of $ 72 with a market capitalization of $ 2.20 billion.

BNB/USD

Binance Coin (BNB), which recorded a value increase of more than 10% in 1 week, made volatile price movements within a 24-hour time frame.  BNB after the upward price movement that it maintained from the 468 dollar price levels to the 482 dollar levels during the day, it remained partially stable, falling back to the 468 dollar levels.

The information contained in this article absolutely does not contain investment advice. Investors should know that crypto currencies have high volatility, so they carry risks, and they should conduct their transactions in accordance with their own research.

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