ADA and BNB Price Prediction for June 3

06/03/2024 23:11
ADA and BNB Price Prediction for June 3

Which altcoins can come back to midterm bull run this week?

Original U.Today article

ADA and BNB Price Prediction for June 3

Cover image via U.Today

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Buyers are coming back to the game, according to CoinStats.

Top coins by CoinStats

ADA/USD

The price of Cardano (ADA) has risen by 0.67% since yesterday.

Image by TradingView

On the daily chart, the rate of ADA is again testing the resistance of $0.446. If it breaks out, the rise may lead to a test of the $0.4650 zone soon. Such a scenario is relevant until the end of the week.

ADA is trading at $0.4550 at press time.

BNB/USD

Binance Coin (BNB) is one of the biggest gainers today, rocketing by 6%.

Image by TradingView

The price of BNB is on its way to the resistance of $645.2. The volume has increased, which means the accumulated energy might be enough for a breakout.

Related

However, it might happen only if the bar closes near the level, with no long wick.

BNB is trading at $637 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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