According to CoinGecko cryptocurrency A new week started with an increase for the market.
BNB/USD
BinanceCoin (BNB) exchange rate increased by 4% in the last 24 hours.
Despite today’s rise, BNB’s price continues to trade sideways and is gaining energy for further movement. The volume is low, which means neither side has yet seized the initiative.
As a result, continued consolidation in the $540-600 range is a more likely scenario for the next few days. BNB is trading at $569 as of press time.
ADA/USD
Cardano (ADA) gained more than BNB today, up 5.90%.
On the daily chart, the price of ADA continues to rise after yesterday’s bullish close. However, caution must be exercised until the bar closes. If it clears above $0.48, the upside could continue towards the $0.50 region. BNB is trading at $0.475 at the time of writing.
