BTC, ADA and BNB Price Analysis for August 27

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$BNB price analysis: if the trading volume increases, the rise may lead to a test of the local resistance zone at $290 very soon BNB Binance $BTC $ADA

Bitcoin has made a false breakout of yesterday's low at $20,119. While the price is above the vital $20,000 mark, bulls have a chance for a local bounce back. Thus, a CME gap is formed near the $20,700 zone. In this case, there is a chance to see a correction to the aforementioned area soon.Cardano has lost less value than Bitcoin , as its price has declined by 5.49%.

From the technical point of view, Cardano is looking better than Bitcoin , as bulls are showing strength after yesterday's sharp drop. If the candle closes near the $0.45 mark, the rise may continue to

Source: News Formal (newsformal.com)

 

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