Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Bulls are back in the game as all of the top 10 coins have returned to the green zone.
BTC/USD
Bitcoin (BTC) has gone up by 4% after yesterday's decline.
On the daily chart, Bitcoin (BTC) is approaching the $24,000 mark once again, which means that bulls remain more powerful than bears. If the candle closes near the mentioned level or above, the rise might continue to the $25,000 zone. Such a scenario is relevant until the end of the month.
Bitcoin is trading at $23,956 at press time.
ADA/USD
Cardano (ADA) has followed the bounceback of Bitcoin (BTC), rising by 4.54%.
From the technical point of view, Cardano (ADA) might have accumulated enough power to break the resistance level at $0.5472. If that happens, the upward move can continue to the test of the $0.60 mark shortly.
ADA is trading at $0.5347 at press time.
BNB/USD
Binance Coin (BNB) is the biggest gainer from the list today, rocketing by almost 6% over the past 24 hours.
Binance Coin (BNB) has almost approched the $336.3 level on the daliy chart. If a breakout happens, it might lead to sharp growth to the $360 mark within the next few days. Thus, the rising volume confirms buyers' power.
BNB is trading at $334.5 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin