Category: Crypto News, News
BNB, SOL, ADA and TON Prediction for August 20
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BNB/USD
The price of Binance Coin (BNB) is one of the biggest gainers today, rocketing by 6.08%.
On the daily chart, the rate of BNB has continued to grow after yesterday’s bullish closure.
If buyers can hold the gained initiative and the bar closes around the current prices, there is a chance to see a test of the resistance of $603 until the end of the month.
BNB is trading at $572.6 at press time.
SOL/USD
The rate of SOL is less of a gainer than BNB, going up by 1.37%.
From the technical point of view, the price of SOL is not ready yet for an ongoing rise despite today’s upward move. If the daily bar closes far from its peak, sideways trading in the area of $145-$150 is the more likely scenario.
SOL is trading at $146.10 at press time.
ADA/USD
Cardano (ADA) is not an exception to the rule, rising by 4.39%.
On the daily chart, one should focus on the nearest level of $0.3451. If it breaks out, growth may continue to the $0.36 range soon.
ADA is trading at $0.3445 at press time.
TON/USD
Toncoin (TON) is the only falling coin from the list today, declining by 0.75%.
Unlike other coins, the rate of TON is looking bearish. If nothing changes by the end of the day, there is a chance to see a test of the support level of $6.381 by the end of the week.
TON is trading at $6.615 at press time.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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