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ADA and SOL Prediction for July 27

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Sat, 27/07/2024 - 16:34
ADA and SOL Prediction for July 27
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The prices of most coins are rising at the beginning of the weekend, according to CoinMarketCap.

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Top coins by CoinMarketCap

ADA/USD

The price of Cardano (ADA) has risen by 2.48% over the last 24 hours.

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Image by TradingView

On the daily chart, the rate of ADA is going up after yesterday's bullish closure. At the moment, one should pay attention to the zone of $0.43.

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If a breakout happens and the bar closes above it, the upward move is likely to continue to the $0.44-$0.45 range.

ADA is trading at $0.4234 at press time.

SOL/USD

The rate of SOL has followed the upward move of ADA, growing by 2.27%.

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Image by TradingView

From the technical point of view, traders should focus on the bar closure in terms of the nearest resistance level of $188.89. If the price breaks it, the accumulated energy might be enough for ongoing growth to the vital zone of $200.

SOL is trading at $185.60 at press time.

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