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Category: Crypto News, News

ADA and BNB Price Prediction for July 1

By │Published On: July 2, 2024│1.2 min read│Views: 257│0 Comments on ADA and BNB Price Prediction for July 1│



Denys Serhiichuk

Can price of Binance Coin (BNB) keep up with growth of Cardano (ADA)?

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Most of the coins might have found a local deep, according to CoinMarketCap.

Top coins by CoinMarketCap

ADA/USD

The rate of Cardano (ADA) has risen by 4.19% over the last day.

Image by TradingView
On the daily chart, the price of ADA is about to break the resistance level of $0.4027. 

If it happens and the bar closes above it with no long wick, the upward move may continue to the $0.42 zone soon.

ADA is trading at $0.3988 at press time.

BNB/USD

Binance Coin (BNB) is less of a gainer than ADA, going up by 0.44%.

Image by TradingView
Despite today’s slight rise, the rate of BNB has not accumulated enough energy for a further move. Buyers may start thinking about midterm growth only if they get back to the vital zone of $600. Until that happens, sellers’ pressure remains relevant.

BNB is trading at $577 at press time.

About the author


Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.

Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.

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