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ADA and BNB Price Prediction for July 8

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Mon, 8/07/2024 - 14:57
ADA and BNB Price Prediction for July 8
Cover image via U.Today

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Some coins are trying to come back to the green zone, according to CoinStats.

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Top coins by CoinStats

ADA/USD

The price of Cardano (ADA) has risen by almost 2% over the last 24 hours.

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Image by TradingView

On the daily chart, traders may witness a local bounce back; however, one should pay attention to the bar's closure.

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If it happens near $0.3740, buyers may seize the initiative, which can lead to an upward move to $0.38.

ADA is trading at $0.37 at press time.

BNB/USD

Binance Coin (BNB) has followed the rise of ADA, going up by 1.72%.

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Image by TradingView

The rate of BNB is trading similar to ADA. If buyers can hold the gained initiative until the end of the day, there is a chance to see a test of the resistance level of $551 by the end of the week.

BNB is trading at $521 at press time.

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