Cryptocurrency Price Analysis: Cardano (ADA), Bitcoin Cash (BCH), Bitcoin SV (BSV) and BinanceCoin (BNB)

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Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

Bitcoin cash (BCH) is trading at $330.155 against the United States dollar (USD) as of writing this article. The market cap of the coin is $5.94 billion and the market supply is 17.91 billion. The coin is showing a positive and upward growth of 3.68 percent. As the current data is showing the coin has broken the $330 resistance level and is currently moving upward as we can see with the positive growth of the coin. Bitcoin cash (BCH) will next check the $350 level resistance which is very good. $330 is the support level for the coin and the coin may not fall far below the $330 mark.

Bitcoin SV (BSV) is trading at $145.70 against the United States dollar (USD) and it’s showing a positive and upward trend of 3.53 percent. The market cap of the coin is $2.61 billion and the market supply is 17.9 million. The coin was testing the $140 resistance level and has easily broken that resistance level. The coin may be near to breaking the $150 resistance level. Bitcoin SV (BSV) could also cross the dollar hundred and sixty-five level resistance. $ 146 is acting as a support level for the Bitcoin SV (BSV) as of now.

Binance coin (BNB) is currently trading at $29.9 against the United States dollar (USD) and its showing a positive and upward growth of 0.67%, the market cap of the coin is $4,664,011,679 against the United States dollar (USD) and the 24 hours trading volume is $271,285,576 United States dollar (USD). The coin has broken the support level of $28.5 and the coin is looking up to a resistance level of $30 which is a good sign and the coin is further seeing a resistance level of as high as $31 and $31.2 against the United States dollar (USD).

Cardano (ADA) is currently trading at $0.0527 against the United States dollar (USD) and its showing negative growth of 1.01 percent. The market cap of the coin is $1.37 billion and the market supply is 25.93 billion. The coin is in a bearish zone and the various indicators also show no signs of improvement in the near future. The coin can check the resistance levels of $0.058 and $0.06.

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