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The market rose slightly after a decline, and only a few coins are in the red zone. Mainly, Solana (SOL) and Polkadot (DOT) remain in a bearish mood.
Best coins from CoinMarketCap
BTC / USD
Yesterday, buyers were able to break through the two hour EMA55 resistance and restore the price of Bitcoin above the POC line. Volumes declined tonight, but the price continued to rise and approached the 61.8% fibo level ($ 47,745).
BTC / USD Chart by TradingView
It should be noted that the daily trading volumes were at an average level, and if the bulls manage to increase the volumes, they may be able to break the resistance of $ 43,800.
Bitcoin is trading at $ 48,050 at the time of publication.
ADA / USD
The level of Cardano (ADA) has increased 6.55% in the past 24 hours.
ADA / USD Chart by TradingView
Cardano (ADA) has pegged above the $ 2.40 level, meaning the bulls are trying to take the lead in the medium-term scenario. However, one can think of the trend reversal when ADA fixes above the vital $ 3 bar.
ADA is trading at $ 2.54 at time of publication.
BNB / USD
Binance Coin (BNB) gained less than Cardano (ADA), growing 5.77%.
BNB / USD Chart by TradingView
Despite the continued rise, Binance Coin (BNB) has not yet entered the long zone.
Right now, great care needs to be taken at the $ 456 level, where buyers have the opportunity to take the initiative. If they succeed, the rise could continue up to $ 500.
BNB is trading at $ 434.7 at time of publication.
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