ADA and BNB Price Analysis for October 3

Price Analysis
Mon, 10/03/2022 - 16:43
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Even though the day has started neutral, bulls could seize the initiative and most of the coins are in the green zone again.

ADA/USD

The price of Cardano (ADA) has increased by 0.58% since yesterday.

Despite today's slight rise, Cardano (ADA) has not left the bearish zone yet as the price has not fixed above the vital $0.44 mark. If that happens and the volume increases, one can expect a further upward move to the $0.46-$0.48 zone.

ADA is trading at $0.4245 at press time.

BNB/USD

Binance Coin (BNB) is more gainer as the rise has accounted for 1.57%.

Unlike Cardano (ADA), Binance Coin (BNB) is trading near the resistance level at $286.2 which means that there is a high possibility to see the continued growth. Thus, the native exchange coin has accumulated enough power for the rise to the $300 mark.

BNB is trading at $286.3 at press time.