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.
Bears keep their pressure as most of the coins remain in the red zone.
ADA/USD
The rate of Cardano (ADA) has declined by 0.85% over the last 24 hours.
On the daily chart, Cardano (ADA) is still trading sideways as neither side has accumulated enough power for a sharp move. If buyers want to start a bull run, the price must be fixed above the $0.36 zone.
ADA is trading at $0.3490 at press time.
BNB/USD
Binance Coin (BNB) has lost less as its price has only dropped by 0.12%.
From the technical point of view, Binance Coin (BNB) is also trading sideways, like Cardano (ADA), against the low volume. Currently, one should pay attention to the $270 mark.
Denys SerhiichukIf the bar closes above it, the upcoming week might be bullish for the native exchange coin.
BNB is trading at $269.7 at press time.
Yuri Molchan
Vladislav Sopov
Dan Burgin