The cryptocurrency market continues to grow as most of the coins are in the green zone.
Bitcoin (BTC) rate is almost unchanged since yesterday, with an increase of 0.44%.
On the daily chart, Bitcoin (BTC) continues to trade above the $20,000 mark, which means that the bulls are in control. However, the main cryptocurrency has not accumulated enough strength for a medium-term rise. In this case, a more likely scenario is trading sideways in the $20,500-$21,500 range by the end of the week.
At press time, bitcoin is trading at $20,523.
Binance Coin (BNB) is the biggest gainer from the list today, rising 4.40%.
Binance Coin (BNB) continues to rise after testing $200. At the moment, the local exchange token is approaching the resistance level at $236.8. However, if the bulls maintain the pressure, a breakout is likely to be seen, followed by another upward move towards $250.
At press time, BNB is trading at $226.9.
Cardano (ADA) is the lowest gainer today, up only 0.15%.
Cardano (ADA) is neither bullish nor bearish as the price is moving away from its important levels. But unless the rate rises above $0.45, it is more likely to see an increase than a decline. However, volumes may increase so that the bulls can eventually seize the initiative.
ADA is trading at $0.4665 at press time.
Solana (SOL) is following the growth of other coins with a rise of 3.45%.
Solana (SOL) is approaching a wide channel resistance at $37.37 on the daily chart. If the daily candle closes near the $37 mark, the ongoing rise may test the $40 area in the coming days.
As of press time, SOL is trading at $36.41.