Price Analysis of ADA and BNB on November 20th

by Max Nevskyi

2 years ago

The start of the new week sees the market continuing its upward trend.

Chart

ADA/USD

Cardano (ADA) has seen a 5% increase in its price since yesterday.

In the daily chart, ADA's price has experienced another unsuccessful attempt to break above the $0.3951 resistance level. Nevertheless, if the current bar closes near this level or even surpasses it, there is a possibility of further growth towards the $0.42 range in the near future.

As of now, ADA is trading at $0.3928.

BNB/USD

Binance Coin (BNB) has shown a comparatively smaller gain when compared to ADA, with an increase of nearly 2%.

Chart BNB

Looking at the technical aspect, BNB's price finds itself positioned within a broad channel, suggesting that significant and rapid price movements are less likely in the near future. Instead, it is more probable that BNB will engage in sideways trading within the $240 to $250 range in the upcoming week.

Currently, BNB is being traded at $247.4.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

AbbVie Inc's Strong Market Performance

AbbVie Inc has delivered a year-to-date return of 32.59%, significantly outperforming the S&P 500.

Jacob Williams7 minutes ago

Strong Performance of Dividend-Paying Stocks in 2025

The pharmaceutical and technology sectors have shown impressive returns in 2025, with AbbVie, Amgen, and IBM significantly outperforming the broader market.

Son Min-ho7 minutes ago

Bybit Launches QR Code Bill Splitting Feature in Bybit Pay

Bybit has introduced a new Split Bill feature in Bybit Pay, allowing users to easily divide payments using cryptocurrencies.

Tando Nkube7 minutes ago

Maximizing Retirement Income with Effective Distribution Strategies

A recent guide outlines various strategies for withdrawing retirement funds efficiently, emphasizing the importance of effective distribution to ensure that savings last throughout retirement.

Rajesh Kumar13 minutes ago

The Significance of Tax Diversification in Retirement Strategy.

A new guide emphasizes the critical role of tax diversification in retirement accounts, advising investors to strategically choose between Traditional and Roth accounts based on their current and expected future tax situations.