📈 Analysis and Prediction (BNB and ADA):

💪 BNB/USDT - Last week, #bnb reached a peak at $275. However, the price failed to sustain the uptrend and formed a bearish candle with a long upper wick. Events: The primary pressure on the coin came from the unfavorable news surrounding the #binance crypto exchange, which faced scrutiny from U.S. authorities. This led to its founder and CEO, Changpeng Zhao, stepping down from all executive positions and awaiting legal proceedings in the U.S. Forecast: BNB's price held above the minor horizontal support area at $225 and might be forming a double bottom, considered a bullish pattern. Additionally, the daily RSI showed hidden bullish divergence, signaling a strong trend continuation. Nevertheless, it's crucial to note that the indicator is declining and below the neutral level of 50. If the price bounces, it could rise by 13% and reach the next resistance at $260. On the other hand, a daily close below the $225 area would indicate ongoing correction, possibly leading to an 11% decline to the nearest support at $205.

📊 ADA/USDT - The weekly timeframe reveals ADA's rapid growth since October 16th, with six consecutive bullish weekly candles. The peak at $0.41 two weeks ago marked the culmination of the rally, yet the price failed to break out of the long-term range it has been in for over a year. Instead, it formed a long upper wick and experienced a slight decrease. Crypto traders and analysts are divided on Cardano's prospects. Forecast: #ada has already recovered above the $0.35 resistance area. Subsequently, the daily RSI showed hidden bullish divergence, often indicating trend continuation. If confirmed, the price could rise by 17% to the next resistance at $0.45. This bullish outlook would be invalidated if #cardano closes below the horizontal area of $0.35. In such a scenario, the price may fall by 23% to the next support level at $0.30.

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