Tue, 13/02/2024 – 15:30
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Bulls keep controlling the situation on the market, according to CoinMarketCap.
The rate of Binance Coin (BNB) has risen by 2.70% over the last 24 hours.
Despite today’s rise, the price of BNB might need more time to accumulate energy for a further move. In this case, consolidation in the area of $320-$330 is the more likely scenario until the end of the week.
BNB is trading at $326 at press time.
Cardano (ADA) is more of a gainer than BNB, going up by 3.31%.
On the daily chart, traders should pay attention to the candle closure in terms of the recently formed resistance of $0.5654.
If the bar closes near it with no long wick or above, the growth may continue to the $0.58 zone.
ADA is trading at $0.5523 at press time.