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ADA and BNB Price Analysis for October 14

14 Oct, 20221 min readAnalytics
ADA and BNB Price Analysis for October 14

The cryptocurrency market has made a huge reversal as the prices of most of the coins have rocketed.

ADA/USD

The price of Cardano (ADA) has risen by almost 6% over the last 24 hours.

Despite a sharp rise today, the price remains trading below the vital level of $0.4019. As long as the rate cannot fix above that mark, there is still a chance to see a further decline.

ADA is trading at $0.3818 at press time.

BNB/USD

Binance Coin (BNB) is following the rise of Cardano (ADA), going up by 5.26%.

On the daily chart, the price of Binance Coin (BNB) has once again bounced off the support level at $258.6, which shows buyers' power.

If buyers can keep the rise to the $285-$290 zone, one can think about the possible midterm growth of the native exchange coin.

BNB is trading at $273.5 at press time.

Source

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