Cardano

Coin

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<p>The new week has started bearish for most of the cryptocurrencies, according to <a href="https://u.today/doge-price-analysis-for-january-21" rel="noopener noreferrer nofollow">CoinMarketCap</a>.</p> <img data-entity-type="file" data-entity-uuid="d3e7c0b0-5ff0-47fc-b9b8-c866ed760dee" src="https://u.today/sites/default/files/inline-images/top10_896.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
<p class="text-align-justify">The rate of Cardano (ADA) has fallen by 3.77% over the last 24 hours.</p> <img data-entity-type="file" data-entity-uuid="d48f2b25-f280-449c-b649-296eb6392783" src="https://u.today/sites/default/files/inline-images/ada_254.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 remains bearish as the rate keeps trading near the support level. If buyers cannot seize the initiative shortly, one can expect a test of the 0.4617 mark soon.</p>
<p>ADA is trading at $0.4968 at press time.</p>
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
<p class="text-align-justify">Binance Coin (BNB) has lost less than Cardano (ADA), falling by 1.71%.</p> <img data-entity-type="file" data-entity-uuid="22385e3c-be6e-403c-8972-28248c663e48" src="https://u.today/sites/default/files/inline-images/bnb_253.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>From the technical point of view, the price of BNB keeps accumulating energy for a further move. The declining volume confirms this statement.&nbsp;</p>
<p>In this regard, ongoing consolidation in the narrow area of $310-$320 is the more likely scenario for the following week.</p>
<p>BNB is trading at $314.3 at press time.</p>

ADA and BNB Price Analysis for January 22

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