ARTICLE AD BOX
Original U.Today article
Denys Serhiichuk
Have rates of Cardano (ADA) and Binance Coin (BNB) accumulated enough energy to grow?
Cover image via U.Today
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.
Buyers are trying to hold the market bounce back, according to CoinStats.
ADA/USD
The price of Cardano (ADA) has increased by 1.21% since yesterday.
Despite today's growth, the rate of ADA is about to close far from the daily candle's peak.
If bulls cannot seize the initiative, sellers may come back to the game, which may lead to a drop to the $0.32-$0.33 range.
ADA is trading at $0.3384 at press time.
BNB/USD
The rate of Binance Coin (BNB) has gone up by almost 1%.
On the daily time frame, sellers remain more powerful than buyers. If bulls lose the vital zone of $500, there is a chance to see a test of $470 this week.
BNB is trading at $503 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].
Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox