SOL and BNB Price Prediction for November 25

11/25/2024 21:34
SOL and BNB Price Prediction for November 25

Do Solana (SOL) and Binance Coin (BNB) have energy for ongoing upward move?

Original U.Today article

Do Solana (SOL) and Binance Coin (BNB) have energy for ongoing upward move?

SOL and BNB Price Prediction for November 25

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The weekend's correction might have finished, according to CoinStats.

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Top coins by CoinStats

SOL/USD

The price of Solana (SOL) has gone up by 0.56% over the last day.

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Image by TradingView

On the daily chart, the rate of SOL is closer to the resistance than to the support. If bulls' pressure continues, one can expect a test of the $259.80 level, followed by its breakout to the $270 area.

SOL is trading at $251.35 at press time.

BNB/USD

Binance Coin (BNB) is more of a gainer than SOL, rising by 2.05%.

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Image by TradingView

The price of BNB is neither bearish nor bullish, even though it is not far from the resistance. In this regard, traders should pay attention to the candle's closure in terms of its peak.

Related

DOGE Price Prediction for November 24

If it happens near $675, there is a possibility to witness a blast to the vital zone of $700.

BNB is trading at $662.60 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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