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The bull run continues on the cryptocurrency market, according to CoinStats.
ADA/USD
The price of Cardano (ADA) has increased by 2.5% over the last 24 hours.
On the daily time frame, the rate of ADA is accumulating energy for a further move. The upward move will continue only if bulls get the price back to the $0.80 zone.
If that happens, there is a chance to see a test of $0.82 soon.
ADA is trading at $0.7349 at press time.
BNB/USD
Binance Coin (BNB) is an exception to the rule, going down by 1%.
On the daily time frame, the price of BNB has once again bounced off the resistance of $533.9. If the candle closes far from this mark, sellers might seize the initiative, which could lead to a correction to the $500 zone.
BNB is trading at $519.5 at press time.
Mushumir Butt
Gamza Khanzadaev
Tomiwabold Olajide
