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The post Bitcoin Holds Above $37,800 While These Cryptos in the Top 10 Trade in Red: What’s Next? appeared first on Coinpedia Fintech News Cardano (ADA) Price Analysis The ADA price in the short term could be under bearish influence but in the long term, the price is closer to surpassing the pivotal resistance After holding close to the resistance zone between $0.389 and $0.4 for consecutive two weeks, the price is facing some extreme bearish actions at the moment The RSI has triggered a bearish divergence, which indicates the price could slide back to the lower support close to $0.36 Besides, the DMI is bullish, and the ADX has rebounded from the lower support and heading north Therefore, the ADA price is expected to rise beyond the $0.44 resistance in the first few days of December after a minor pullback.  Ripple (XRP) Price Analysis The XRP price has been following a pattern in the long term as the token is about to drop to the lower pivotal support at the 200-day MA The price is trading within a symmetrical triangle and, hence, has both the possibility of a bullish breakout and a notable pullback However, the RSI is trading within a rising parallel channel, indicating a bullish trend could be in place Therefore, the XRP price is believed to drop to the 200-day MA as the RSI is bearish and could trigger a healthy rebound back to the resistance before the end of 2023. BinanceCoin (BNB) Price Analysis The weekly BNB price is trading within a descending parallel channel in the long term and faced rejection after testing the pivotal resistance at $254.7 After this move, the BNB price is close to testing the interim lower support at $210 as the RSI is bearish and heading south Therefore, the…

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Filed under: News - @ November 30, 2023 4:20 pm