Most of the coins need time to get more energy for a further move, according to CoinStats.
ADA/USD
The price of Cardano (ADA) has risen by 0.22% over the past day.
On the daily chart, ADA keeps going down after a false breakout of the resistance of $0.6391. If today’s bar closes below the previous candle low, the correction may continue to the $0.55 zone.
ADA is trading at $0.5924 at press time.
BNB/USD
Binance Coin (BNB) is one of the biggest gainers today, going up by 2.43%.
Despite today’s rise, the rate of BNB does not have enough power for a continued upward move. Thus, the today’s candle might close far from its peak.
If that happens, traders may expect a local drop to the nearest support of $366.6.
BNB is trading at $379.3 at press time.
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