Sun, 11/02/2024 – 15:31
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The last day of the week is about to end bullish for the cryptocurrency market.
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ADA/USD
The rate of Cardano (ADA) has increased by 2.34% since yesterday. Over the last week, the price has risen by 7.88%.
On the daily chart, the price of ADA has made a false breakout of yesterday’s bar peak.
If the candle closes far from that mark, one can expect a correction to the $0.54 zone next week.
ADA is trading at $0.5469 at press time.
BNB/USD
Unlike ADA, the price of Binance Coin (BNB) has fallen by 0.10% over the last 24 hours.
From the technical point of view, the rate of BNB is going down after a failed attempt to fix above the $325 zone. If the situation does not change, traders can expect a test of the $315 area soon.
BNB is trading at $320.6 at press time.