Ethereum

Cardano

Coin

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The new week has started bearish for the <a href="https://u.today/doge-and-shib-price-analysis-for-august-20" rel="noopener noreferrer nofollow">cryptocurrency market</a>, as most of the coins are in the red zone. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="7120b266-44ad-41fc-a688-f9ce0dd3b913" src="https://u.today/sites/default/files/inline-images/top10_610.png"> 
Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 id="btc-usd">BTC/USD</h2> 
The rate of Bitcoin (BTC) is almost unchanged since yesterday. 
<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="9e0cb561-9fb9-47e4-8050-1af93a5eae26" src="https://u.today/sites/default/files/inline-images/btc_508.png"> 
Image by <a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily chart, traders should pay attention to the nearest resistance level at $26,267. If the daily bar closes near it or above, buyers might locally seize the initiative, which can lead to the test of the $26,800 zone soon. 
Bitcoin is trading at $26,017 at press time. 
<h2 id="eth-usd">ETH/USD</h2> 
The rate of Ethereum (ETH) has risen by 0.29% over the last 24 hours. 
<img alt="ETH/USD chart by TradingView" data-entity-type="file" data-entity-uuid="31d6c2ea-65b4-4b65-a27e-4103602b2fb0" src="https://u.today/sites/default/files/inline-images/eth_339.png"> 
Image by <a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite a slight rise, the price of ETH is looking worse than BTC on the daily time frame as the rate is far from the resistance. As none of the sides has seized the initiative yet, sideways trading in the narrow range of $1,660-$1,680 is the more likely scenario for the next few days. 
Ethereum is trading at $1,669 at press time. 
<h2 id="xrp-usd">XRP/USD</h2> 
XRP is one of the biggest losers today, falling by 2.25%. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="d1b07d27-5e54-49ed-ace2-144207b9e848" src="https://u.today/sites/default/files/inline-images/xrp_314.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite today's fall, the price of XRP is also trading sideways, which is confirmed by the low volume. In this regard, consolidation in the area of <a href="https://u.today/xrp-price-analysis-for-august-20" rel="noopener noreferrer nofollow">$0.50-$0.55</a> is the more likely scenario until the end of the week. 
XRP is trading at $0.5228 at press time. 
<h2 id="ada-usd">ADA/USD</h2> 
Cardano (ADA) has followed the drop of XRP, going down by 0.33%. 
<img alt="ADA/USD chart by TradingView " data-entity-type="file" data-entity-uuid="1b1eb3d5-b503-4877-b6c0-93941804c18a" src="https://u.today/sites/default/files/inline-images/ada_237.png"> 
Image by <a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily chart, the rate of Cardano (ADA) has failed to fix above the $0.27 zone. If the situation does not change by the end of the day, the drop may continue to the support level of $0.2525 soon. 
ADA is trading at $0.2653 at press time. 
<h2 id="bnb-usd">BNB/USD</h2> 
The price of Binance Coin (BNB) has declined by almost 3%. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="05b864be-7b36-4322-a48b-b0da931f6e22" src="https://u.today/sites/default/files/inline-images/bnb_230.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the technical point of view, the rate of Binance Coin (BNB) has come back to the midterm bearish trend after a breakout of the support level of $214.8. At the moment, there are no reversal prerequisites, which means that traders may expect a further downward move. 
BNB is trading at $208.7 at press time.

BTC, ETH, XRP, ADA and BNB Price Analysis for August 21

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