BNB, ADA and SOL Price Prediction for February 18

Price Analysis
Sun, 02/18/2024 - 13:47
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Bulls are more powerful than bears on the last day of the week, according to CoinMarketCap.

Top coins by CoinMarketCap

BNB/USD

The rate of Binance Coin (BNB) has fallen by 0.30% since yesterday. Over the last week, the price has risen by 10%.

Image by TradingView

On the daily chart, the price of BNB is accumulating energy after a false breakout of the resistance of $366.6.

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Binance Coin (BNB) Price Prediction for February 16

A further rise is only possible if the rate breaks the aforementioned level and fixes above it.

BNB is trading at $354.8 at press time.

ADA/USD

Cardano (ADA) has gained the most value today, rocketing by 8.31% over the last 24 hours.

Image by TradingView

The rate of ADA has continued to rise after yesterday's bullish candle. At the moment, there are no reversal signals, which means that the growth is likely to continue if today's bar closes around the current prices.

ADA is trading at $0.6333 at press time.

SOL/USD

Solana (SOL) is not an exception, going up by 2%.

Image by TradingView

Despite today's rise, the price of SOL has not accumulated enough energy for a continued rise. A further upward move might only be possible if the rate returns to the resistance level of $118.10 and fixes above. In that case, there is a chance to see a test of the $130 area.

SOL is trading at $111.99 at press time.