BNB and SOL Price Prediction for October 29

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Original U.Today article

Denys Serhiichuk

Has growth of Binance Coin (BNB) and Solana (SOL) ended yet?

BNB and SOL Price Prediction for October 29

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Bulls remain more powerful than bears, according to CoinMarketCap.

BNB/USD

The rate of Binance Coin (BNB) has increased by 1.34% over the last day.

On the daily chart, one should pay attention to the resistance level of $616.

If the bar gets close to it and fixes above, the accumulated energy might be enough for a blast to the $640-$650 range soon.

Binance Coin (BNB) is trading at $605.20 at press time.

SOL/USD

The price of Solana (SOL) has followed BNB, going up by 1.38%.

From the technical point of view, the rate of SOL is looking less bullish than BNB. If today's bar closes far from its peak, sellers may get back in the game, which may lead to a correction to the $170 range.

SOL is trading at $178.45 at press time.

About the author

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].