The rates of most of the coins are rising at the beginning of the week, according to CoinMarketCap.
ADA/USD
The rate of Cardano (ADA) has increased by almost 2% over the last 24 hours.
In the context of a daily trading chart, keep an eye out for the closing price hitting the $0.5967 mark. Should it close above this level without a significant wick (long upper shadow), expect further growth towards the $0.62 area in the near future.
ADA is trading at $0.6055 at press time.
BNB/USD
Binance Coin (BNB) has gained less than ADA, going up by 0.14% since yesterday.
Instead of ADA, the price trend of BNB appears less optimistic. Currently, it’s recommended to concentrate on the intermediate range around $600. Should it surpass this mark, there’s a strong possibility for a challenge against the resistance at $620 in the near future.
BNB is trading at $590 at press time.
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2024-04-08 18:47