ADA and BNB Price Prediction for February 11

Sun, 11/02/2024 – 15:31

Cover image via www.tradingview.com

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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%.

Image by TradingView

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.

Image by TradingView

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.

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