SOL and BNB Price Prediction for November 18

11/18/2024 22:42
SOL and BNB Price Prediction for November 18

Which altcoins can keep rising this week?

Original U.Today article

Which altcoins can keep rising this week?

SOL and BNB Price Prediction for November 18

Cover image via U.Today

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A new week has started with ongoing bulls' dominance, according to CoinMarketCap.

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Top coins by CoinMarketCap

SOL/USD

The rate of Solana (SOL) has risen by 3.82% over the last 24 hours.

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Image by TradingView

Despite today's growth, the price of SOL has not yet fixed above yesterday's peak. Thus, if today's bar closes with a long wick, bears may seize the initiative, which may lead to a correction to the $225-$230 range.

SOL is trading at $243.32 at press time.

BNB/USD

Unlike SOL, the price of Binance Coin (BNB) has dropped by 0.67% since yesterday.

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Image by TradingView

On the daily chart, the rate of BNB keeps accumulating energy for a further move. The absence of buyers and sellers' energy is confirmed by the declining volume. 

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DOGE Price Prediction for November 17

In this case, sideways trading in the area of $610-$650 is the more likely scenario.

BNB is trading at $620.77 at press time.

About the author

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Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].

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