Binance Coin, Ripple and Cardano – European Wrap 23 August

Binance coin (BNB) prepares to regain its position in the crypto market. Analysts have a bullish outlook on BNB in light of recent developments. 

Ripple price (XRP) made it out alive after the violent spike higher on August 14. Although price action looked promising for another leg higher as on August 15, the low of the day bounced off the purple descending trend line. Profit-taking got in the way, however, and Ripple dipped lower, awaiting a pick-up from buyers again.

 

Cardano price (ADA) has yet again recorded another all-time high at $2.84, as it continues to challenge previous records. ADA is headed for a 20% surge as the cryptocurrency proceeds by showing massive strength. 

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