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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U. Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The bull run continues on the market, according to CoinStats.
The rate of Cardano (ADA) has increased by 8.23% over the last 24 hours.
On the daily chart, the price of ADA keeps going up, after a breakout of the $0.70 zone. Until the rate is above that mark, bulls remain more powerful than bears.
In this case, there is a high chance to see further growth to the $0.80-$0.85 zone this week.
ADA is trading at $0.7871 at press time.
Binance Coin (BNB) is less of a gainer than ADA, rising by 1.02%.
From the technical point of view, traders should pay attention to the daily bar closure in terms of the $427.3 level. If the candle closes near it, there is a possibility to see a breakout, followed by a blast to $450.
BNB is trading at $418.8 at press time.