" These 4 Cryptos Could Drop to New Lows in August 2023"
-Cardano (ADA) : The downside was triggered by rejection from the $0.36 horizontal resistance area, which created a long upside. The reason why the resistance was crucial is because it led to a break of the upward support line on August 1.
- BNB : BNB prices have been falling since hitting an annual high of US$350 on April 16.
Despite this bearish BNB price prediction, a strong bounce in the channel's support line could lead to an upside towards the resistance line at US$270. This could be triggered by the positive news that Binance received an operational license from the Dubai Virtual Asset Regulatory Authority.
"Further in the next post"
