ADA and BNB Prediction for August 26

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Original U.Today article

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Denys Serhiichuk

How long can correction of Binance Coin (BNB) and Cardano (ADA) last?

ADA and BNB Prediction for August 26

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bulls have failed to hold the weekend's growth, according to CoinStats.

Article imageTop coins by CoinStat

ADA/USD

The rate of Cardano (ADA) has dropped by 4.3% over the last 24 hours.

Article imageImage by TradingView

The price of ADA has continued yesterday's drop, which means sellers keep controlling the situation on the market. 

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DOGE and SHIB Prediction for August 25

If nothing changes by the end of the day, the decline may lead to the test of the $0.36 area soon.

ADA is trading at $0.372 at press time.

BNB/USD

Binance Coin (BNB) is not an exception to the rule, falling by 2.66%.

Article imageImage by TradingView

On the daily chart, there are no reversal signals yet. In this case, the ongoing correction may continue to the $540 area. Such a scenario is relevant until the end of the week.

BNB is trading at $560.40 at press time.

About the author

article image

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].

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