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ADA and BNB Price Prediction for October 7

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Mon, 7/10/2024 - 14:25
ADA and BNB Price Prediction for October 7
Cover image via U.Today

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Most of the coins keep trading in the green zone, according to CoinStats.

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Top coins by CoinStats

ADA/USD

The rate of Cardano (ADA) has risen by 2.14% over the last 24 hours.

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Image by TradingView

Despite today's growth, the price of ADA is looking bearish on the daily chart. 

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If the situation does not change by the end of the day, the correction may continue to the $0.35 range soon.

ADA is trading at $0.3563 at press time.

BNB/USD

Binance Coin (BNB) has followed the rise of ADA, going up by 1.47%.

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Image by TradingView

On the daily chart, the rate of BNB is far from key levels. The volume keeps falling, which means neither bulls nor bears are ready for a sharp move. In this case, ongoing consolidation in the area of $560-$580 is the more likely scenario.

BNB is trading at $571.2 at press time.

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