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BNB, SOL, ADA and TON Prediction for August 20

source-logo  u.today 20 August 2024 16:01, UTC
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Most of the coins from the top 10 list are again in the green area, according to CoinMarketCap.

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$BNB/USD

The price of Binance Coin ($BNB) is one of the biggest gainers today, rocketing by 6.08%.

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On the daily chart, the rate of $BNB has continued to grow after yesterday's bullish closure.

If buyers can hold the gained initiative and the bar closes around the current prices, there is a chance to see a test of the resistance of $603 until the end of the month.

$BNB is trading at $572.6 at press time.

$SOL/USD

The rate of $SOL is less of a gainer than $BNB, going up by 1.37%.

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From the technical point of view, the price of $SOL is not ready yet for an ongoing rise despite today's upward move. If the daily bar closes far from its peak, sideways trading in the area of $145-$150 is the more likely scenario.

$SOL is trading at $146.10 at press time.

$ADA/USD

Cardano ($ADA) is not an exception to the rule, rising by 4.39%.

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On the daily chart, one should focus on the nearest level of $0.3451. If it breaks out, growth may continue to the $0.36 range soon.

$ADA is trading at $0.3445 at press time.

$TON/USD

Toncoin ($TON) is the only falling coin from the list today, declining by 0.75%.

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Unlike other coins, the rate of $TON is looking bearish. If nothing changes by the end of the day, there is a chance to see a test of the support level of $6.381 by the end of the week.

$TON is trading at $6.615 at press time.

u.today