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The growth has not lasted long, and most of the coins have returned to the red zone.
BNB/USD
The price of Binance Coin (BNB) has declined by 0.47% over the last day.
Today's move has not affected the general position of BNB on the daily chart. The price remains more bearish than bullish as the rate keeps trading near the support level of $224.
Denys SerhiichukIf buyers cannot seize the initiative soon, a further drop may lead to a breakout, followed by a blast to the $220 area.
BNB is trading at $228.4 at press time.
ADA/USD
Cardano (ADA) has followed the decline of BNB, going down by 2.40%.
The rate of ADA keeps falling after a false breakout of the resistance of $0.3951. If today's bar closes below yesterday's low, the drop may continue to the $0.36 zone shortly.
ADA is trading at $0.3763 at press time.
SOL/USD
Meanwhile, the price of Solana (SOL) is almost unchanged since yesterday.
Unlike other coins, the rate of SOL is looking bullish on the daily time frame. Traders should pay attention to the nearest resistance level of $62.10. If the bar closes near or even above it, the rise may lead to the test of $67.12 soon.
SOL is trading at $61.25 at press time.
Arman Shirinyan
Godfrey Benjamin
Vladislav Sopov
Dan Burgin