#etf Can Binance Coin (#BNB🔥 ) and #cardano ($ADA ) remain bulliish?
The new week has started with the ongoing rise of the market.
Top coins by #CoinMarketCap
ADA/USD
The price of Cardano (ADA) has risen by 5% since yesterday.
Image by #tradingview
On the daily chart, the rate of ADA has once again made a false breakout of the resistance level of $0.3951. However, if the bar closes near it or even above, growth may continue to the $0.42 zone soon.
ADA is trading at $0.3928 at press time.
BNB/USD
Binance Coin ($BNB ) is less of a gainer than ADA, rising by almost 2%.
Image by TradingView
From a technical point of view, the price of BNB is in the middle of a wide channel, which means there are low chances to see any sharp moves soon. In this case, sideways trading in the area of $240-$250 is the more likely scenario for the following week.
BNB is trading at $247.4 at press time.