SOL and BNB Price Prediction for May 6

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According to CoinStats, neither team has the edge at the beginning of the week.

top coins coin statistics

Sol/USD

Solana (SOL) is one of today’s biggest gainers, rising 4.47%.

Image provider TradingView

On the daily chart, SOL price is approaching the resistance level at $158.50. If the bar closes near or above, the accumulated energy could be enough to continue the climb to the $160-$170 zone.

At the time of writing, SOL is trading at $154.50.

BNB/USD

Binance Coin (BNB) did not rise as much as SOL, rising 0.34%.

Image provider TradingView

A sideways trade remains the more likely scenario for BNB in ​​the coming days as interest rates remain far from key levels.

In this regard, a more likely scenario is continued price action in the $580 to $610 range this week.

At the time of writing, BNB is trading at $590.9.

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Denis Selhychuk

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