A new week has started bullish for the cryptocurrency market, according to CoinMarketCap.
BNB/USD
The rate of Binance Coin (BNB) has increased by 4% over the last 24 hours.
Today, the cost of BNB has increased, but it continues to trade in a horizontal pattern, preparing for another price shift. The trading volume is minimal, indicating that neither buyers nor sellers have gained control yet.
In summary, it’s expected that the price will continue to consolidate between the ranges of $540 and $600 over the next few days.
BNB is trading at $569 at press time.
ADA/USD
Cardano (ADA) is more of a gainer than BNB today, rising by 5.90%.
Each day, the value of ADA on the daily chart has been increasing following the bullish finish from the previous day. Yet, it’s important to remain cautious until the current bar closes. If this closure occurs above $0.48, there is a possibility that the price will advance further towards the $0.50 mark.
BNB is trading at $0.475 at press time.
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2024-04-15 19:01