ADA and BNB Price Prediction for July 8

Category: Crypto News, News

ADA and BNB Price Prediction for July 8

By Editorial team of BIPNs│Published On: July 9, 2024│1.1 min read│Views: 81│0 Comments│

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Some coins are trying to come back to the green zone, according to CoinStats.

Top coins by CoinStats

ADA/USD

The price of Cardano (ADA) has risen by almost 2% over the last 24 hours.

Image by TradingView

On the daily chart, traders may witness a local bounce back; however, one should pay attention to the bar’s closure.

If it happens near $0.3740, buyers may seize the initiative, which can lead to an upward move to $0.38.

ADA is trading at $0.37 at press time.

BNB/USD

Binance Coin (BNB) has followed the rise of ADA, going up by 1.72%.

Image by TradingView

The rate of BNB is trading similar to ADA. If buyers can hold the gained initiative until the end of the day, there is a chance to see a test of the resistance level of $551 by the end of the week.

BNB is trading at $521 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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Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Category: Crypto News, News