BTC, BNB, ADA, SOL and AVAX Price Analysis for February 1

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BTC, BNB, ADA, SOL and AVAX Price Analysis for February 1
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Which altcoins can follow the rise of BTC? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX CardanoStiftung ADAcoin_ Cardano cardano

Today, a rollback to the area of average prices is possible. If the EMA55 moving average stops the pullback, then a break to the psychological level of $40,000 may occur.On the daily chart, Binance Coin is slowly approaching the level at $405.60. If the buying trading volume increases and bulls manage to break the resistance, there are chances to see ongoing growth to the zone of the most liquidity at around $500.

Despite today's rise, the rate of Cardano is located in the middle of the channel between the support at $0.917 and a resistance at $1.155. Currently, neither bulls nor bears are dominating on the market, which means one needs to pay attention to the mentioned levels. If the growth continues, there is a probability to see the test of the vital area around $1.20 soon.Solana is the biggest gainer from the list today as the price has rocketed by 17.44% over the last 24 hours.

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