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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.
On the daily chart, traders should pay attention to the candle's closure in terms of the level of $0.5967. If it happens above that mark and with no long wick, growth may continue to the $0.62 zone shortly.
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.
Unlike ADA, the rate of BNB is not looking so bullish. At the moment, one should focus on the interim zone of $600. If it breaks out, there is a high chance to see a test of the resistance of $620 soon.
BNB is trading at $590 at press time.
Alex Dovbnya
Arman Shirinyan
Vladislav Sopov
Dan Burgin
U.Today Editorial Team