ADA and BNB Price Analysis for January 18

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ADA and BNB Price Analysis for January 18
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Can ADA or BNB return to bull run soon? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch

Cardano has joined the list of falling coins, going down by 1.62%.

On the daily chart, the price of Cardano is stuck in the narrow channel between the support at $0.3385 and the resistance at $0.3697. If buyers cannot fix above the $0.35 mark shortly, there are high chances to see a drop to theBinance Coin is less of a loser than Cardano , falling by 0.56%. From the technical point of view, Binance Coin is trading similarly to Cardano as the price keeps trading sideways. At the moment, traders should pay attention to the $300 mark. If buyers can hold it, there is a possibility to see the return to the resistance at $314.4. Thus, the selling volume is lowб which means that bears remain weaker than bulls.

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