Cardano

Coin

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<p>The week has started with continued bear dominance, according to <a href="https://u.today/xrp-price-analysis-for-december-17-0" rel="noopener noreferrer nofollow">CoinStats</a>.</p> <img data-entity-type="file" data-entity-uuid="6be8ecc7-e1b8-4642-8bb6-ae54e22096eb" src="https://u.today/sites/default/files/inline-images/top10_839.png">Top coins by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 id="ada-usd">ADA/USD</h2>
<p>The rate of Cardano (ADA) has declined by 3.42% over the last day.</p> <img data-entity-type="file" data-entity-uuid="33d31e34-c710-42fd-aa1e-022f79f4cad5" src="https://u.today/sites/default/files/inline-images/ada_250.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily chart, the price of ADA keeps falling after yesterday's bearish closure.</p>
<p>If today's bar closes near the $0.55 mark, there is a high chance to see a test of the support of $0.5106 soon.</p>
<p>ADA is trading at $0.5664 at press time.</p>
<h2 id="bnb-usd">BNB/USD</h2>
<p>Binance Coin (BNB) has lost less than Cardano (ADA), as its rate has declined by 1.42%.</p> <img data-entity-type="file" data-entity-uuid="c2fbe92c-25b9-4c47-92f7-82ad4803638f" src="https://u.today/sites/default/files/inline-images/bnb_246.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>Despite today's fall, the price of BNB is far from the support or resistance levels. However, if buyers lose the $230 mark, the energy might be enough for a breakout of $224. Such a scenario is relevant until the end of the week.</p>
<p>BNB is trading at $237 at press time.</p>

ADA and BNB Price Analysis for December 18

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