ADA and BNB Price Prediction for February 22

Price Analysis
Thu, 02/22/2024 - 18:00
Cover image via www.tradingview.com
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Most of the coins need time to get more energy for a further move, according to CoinStats.

Top coins by CoinStats

ADA/USD

The price of Cardano (ADA) has risen by 0.22% over the past day.

Image by TradingView

On the daily chart, ADA keeps going down after a false breakout of the resistance of $0.6391. If today's bar closes below the previous candle low, the correction may continue to the $0.55 zone.

ADA is trading at $0.5924 at press time.

BNB/USD

Binance Coin (BNB) is one of the biggest gainers today, going up by 2.43%.

Image by TradingView

Despite today's rise, the rate of BNB does not have enough power for a continued upward move. Thus, the today's candle might close far from its peak. 

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If that happens, traders may expect a local drop to the nearest support of $366.6.

BNB is trading at $379.3 at press time.