ADA and BNB Price Prediction for July 8

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According to CoinStats, some coins are trying to get back into the green zone.

Top Coins Coin Statistics

ADA/USD

Cardano (ADA) price has risen by around 2% in the past 24 hours.

Image courtesy of Trading View

On the daily chart, traders may witness localized bounces but need to pay close attention to the closing bars.

If that happens near the $0.3740 area, buyers could take control and lead to a move towards $0.38.

ADA is trading at $0.37 at the time of writing.

BNB/USD

Binance Coin (BNB) followed ADA’s rise, rising 1.72%.

Image courtesy of Trading View

BNB rates are trading similarly to ADA. If the buyers can maintain control till the end of the day, there is a chance of testing the $551 resistance level before the weekend.

BNB is trading at $521 at the time of writing.

About the Author

Denis Serhiychuk

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