Cardano

Coin

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<p>Bears have seized the initiative, according to the <a href="https://u.today/ethereum-eth-price-analysis-for-november-16" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>.</p> <img data-entity-type="file" data-entity-uuid="1a12f67b-708b-4824-824b-41449d9a8135" src="https://u.today/sites/default/files/inline-images/top10_778.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 id="ada-usd">ADA/USD</h2>
<p>The rate of Cardano (ADA) has declined by 5.63% since yesterday.</p> <img data-entity-type="file" data-entity-uuid="cf97d8fb-31f6-4631-9971-a26e6f6f0edf" src="https://u.today/sites/default/files/inline-images/ada_243.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>The price of ADA keeps falling after a false breakout of the resistance level of $0.3951. If today's bar closes near yesterday's low, the decline is likely to continue to the area of $0.34 until the end of the week.</p>
<p>ADA is trading at $0.3603 at press time.</p>
<h2 id="bnb-usd">BNB/USD</h2>
<p>Binance Coin (BNB) has followed the drop of ADA, going down by 2.45%.</p> <img data-entity-type="file" data-entity-uuid="03ce2e97-50e7-44ab-8640-111416c6f41d" src="https://u.today/sites/default/files/inline-images/bnb_238.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>From a technical point of view, the rate of BNB is on its way to testing the support level of $238.1.&nbsp;</p>
<p>If that daily candle closes near it, the accumulated power might be enough for a more profound decline to the $230 zone.</p>
<p>BNB is trading at $240.8 at press time.</p>

ADA and BNB Price Analysis for November 17

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