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.
The new week has started bullish for most of the coins; however, there are some exceptions to the rule, according to CoinMarketCap.
SOL/USD
The price of Solana (SOL) has risen by 1.12% over the last 24 hours.
On the daily chart, buyers have seized the initiative, but one should wait until the bar closes. If it happens near current prices, there is a chance to see a test of the resistance level of $158.50 by the end of the week.
SOL is trading at $146.49 at press time.
BNB/USD
Binance Coin (BNB) is less of a gainer than SOL, going up by 0.38% since yesterday.
From the technical point of view, the rate of BNB has not accumulated enough energy for an upward move. At the moment, one should focus on the vital zone of $600.
Denys SerhiichukIf the bar closes above it and with no long wick, growth may lead to the test of the $630-$640 range soon.
BNB is trading at $594.7 at press time.
Godfrey Benjamin
Arman Shirinyan
