Bulls have failed to hold the weekend's growth, according to CoinStats.
Top coins by CoinStatADA/USD
The rate of Cardano (ADA) has dropped by 4.3% over the last 24 hours.
Image by TradingView
The price of ADA has continued yesterday's drop, which means sellers keep controlling the situation on the market.
card
If nothing changes by the end of the day, the decline may lead to the test of the $0.36 area soon.
ADA is trading at $0.372 at press time.
BNB/USD
Binance Coin (BNB) is not an exception to the rule, falling by 2.66%.
Image by TradingView
On the daily chart, there are no reversal signals yet. In this case, the ongoing correction may continue to the $540 area. Such a scenario is relevant until the end of the week.
BNB is trading at $560.40 at press time.