Cardano (ADA), Binance Coin (BNB) and Solana (SOL) Price Analysis


The crypto currency ecosystem, whose total market capitalization has reached $ 2.39 trillion, has recorded some declines in transaction volumes. The leading cryptocurrency Bitcoin if it is, at the time of writing the article CoinMarketCap according to its data, 55,200 dollars are traded at price levels.

Cardano (ISLAND)

Cardano, the third largest cryptocurrency by market capitalization, has experienced a depreciation of 2.8% in the last 24 hours. Which has been consolidating between the $2.20 and $2.30 levels for some time dec NAME, it trades at price levels of $71.5 with a market capitalization of $2.23 billion.

Many analysts say that Cardano has not yet caught up with its price performance in recent months, rising to 3 dollar levels, but a large number of indicators give bullish signals on behalf of ADA. According to the technical analyzes conducted, it is very important for ADA to first protect the support zone at the level of 2 dollars and then break the resistance zone at the level of 2,9 dollars in order to be able to carry out upward price movements going forward.

Binance Coin (BNB)

With the upward price movements it has started since the beginning of October, Binance Coin has risen from the $325 price levels it last recorded on September 26 to the $445 price levels it recorded on October 7 in a short period of time. Which has been making downward price movements for several days BNB, which recorded an average depreciation of 1.5% in the last 24 hours and began trading at $415 price levels.

At the time of writing, Binance Coin is 5th on the CoinMarketCap list with a market capitalization of $64.2 billion. is ranked.

Solana (LEFT)

Solana started trading at the price level of 2,5 dollars with a decrease of close to 153%, which it has made in the last 153 hours. Which has been consolidating at $150 levels for some time LEFT, Which has been making slow progress since early October. Analysts say Solana’s current performance is a long way from the high price performance it has exhibited since early 2021.

the LEFT, which is trading at $153, is about 30% below its all-time high (ATH: $213).

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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