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BTC, ADA and BNB Price Analysis for September 10

Analytics

u.today 10 September 2022 14:00, UTC
  
Reading time: ~2 m

After a few days of growing rates, traders might have started fixing their positions as some coins are in the red zone.

Top 10 coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) managed to stay in the green zone, going up by 1% since yesterday.

BTC/USD chart by TradingView

On the daily chart, the rate of Bitcoin (BTC) has slightly gone down as bulls might need more time to accumulate power for a further rise.

If they can return the price to the $20,600 mark, the chances for a test of the mirror level at $22,400 would increase.

Bitcoin is trading at $21,316 at press time.

BNB/USD

The rate of Binance Coin (BNB) is almost unchanged since yesterday. It has only risen by 0.12%.

BNB/USD chart byTradingView

Despite the slight rise, Binance Coin (BNB) remains in the bullish zone as the price is above the $292 mark. At the moment, the native exchange coin might need more time to get power for a continued rise. If the candle can close near $300, the upward move could lead to a test of the $310-$320 zone soon.

BNB is trading at $293.2 at press time.

ADA/USD

Cardano (ADA) has gained the most value today, rocketing by 4% over the last 24 hours.

ADA/USD chart by TradingView

Cardano (ADA) has broken the $0.51 level, which served as resistance for a long time. If buyers can hold the gained initiative and the volume remains high, one can expect an ongoing rise of the altcoin.

ADA is trading at $0.5160 at press time.


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