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ADA and BNB Price Prediction for June 17

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Mon, 17/06/2024 - 15:54
ADA and BNB Price Prediction for June 17
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Bears keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

ADA/USD

The price of Cardano (ADA) has fallen by 2.91% over the last 24 hours.

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Image by TradingView

On the daily chart, the rate of ADA is near the support level of $0.3994. 

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If the situation does not change by the end of the day, there is a chance to see a breakout, followed by a move to the $0.38-$0.39 zone soon.

ADA is trading at $0.4043 at press time.

BNB/USD

Binance Coin (BNB) is less of a loser, going down by 1.05%.

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Image by TradingView

From the technical point of view, the rate of BNB is rather more bearish than bullish. If the decline continues to the support of $591.3, the accumulated energy might be enough for a dump to $580.

BNB is trading at $603.2 at press time.

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