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ADA and BNB Price Prediction for October 7

source-logo  u.today 07 October 2024 14:38, UTC
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Most of the coins keep trading in the green zone, according to CoinStats.

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$ADA/USD

The rate of Cardano ($ADA) has risen by 2.14% over the last 24 hours.

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Despite today's growth, the price of $ADA is looking bearish on the daily chart.

If the situation does not change by the end of the day, the correction may continue to the $0.35 range soon.

$ADA is trading at $0.3563 at press time.

$BNB/USD

Binance Coin ($BNB) has followed the rise of $ADA, going up by 1.47%.

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On the daily chart, the rate of $BNB is far from key levels. The volume keeps falling, which means neither bulls nor bears are ready for a sharp move. In this case, ongoing consolidation in the area of $560-$580 is the more likely scenario.

$BNB is trading at $571.2 at press time.

u.today