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ADA and BNB Prediction for August 26

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Mon, 26/08/2024 - 16:17
ADA and BNB Prediction for August 26
Cover image via U.Today

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

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Top coins by CoinStat

ADA/USD

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

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Image 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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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%.

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Image 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.

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