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Most of the coins have started the new week with a reversal, according to CoinStats.
ADA/USD
The rate of Cardano (ADA) has increased by 1.83% over the last 24 hours.
On the daily time frame, the price of ADA is rising after the breakout of the vital level of $0.4210. Until the price is above it, buyers keep controlling the sitution on the market.
Denys SerhiichukIn this case, traders may witness an ongoing upward move to the $0.46-$0.47 area soon.
ADA is trading at $0.4380 at press time.
BNB/USD
Binance Coin (BNB) is more of a gainer than ADA, growing by 4.05%.
The price of BNB has broken the $551.2 level. If the daily bar closes near the bar's high, the accumulated energy might be enough for a further rise to the $580-$600 range.
BNB is trading at $560.80 at press time.
Arman Shirinyan
Yuri Molchan