ADA and BNB Price Prediction for May 27

05/27/2024 22:27
ADA and BNB Price Prediction for May 27

Do Cardano (ADA) or Binance Coin (BNB) have enough strength for upward move?

Original U.Today article

ADA and BNB Price Prediction for May 27

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The new week has started with a market bounce back, according to CoinMarketCap.

Top coins by CoinMarketCap

ADA/USD

The rate of Cardano (ADA) has risen by 1.53% since yesterday.

Image by TradingView

On the daily chart, one should pay attention to the interim level of $0.4696. 

Related

If the bar closes near it or even above it, the upward move may lead to the test of the $0.48-$0.49 zone soon.

ADA is trading at $0.4657 at press time.

BNB/USD

Binance Coin (BNB) is less of a gainer than ADA, going up by 0.66%.

Image by TradingView

The price of BNB is trying to break $605.5. If buyers manage to do that, the accumulated energy might be enough for an ongoing rise to the $620-$630 range until the end of the week.

BNB is trading at $605 at press time.

About the author

article image

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].

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