Cardano

2024

Coin

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p>The first day of 2024 has started mainly bearish for the cryptocurrency market, according to <a href="https://u.today/btc-eth-and-xrp-price-analysis-for-december-31" rel="noopener noreferrer nofollow">CoinStats</a>.</p> <img data-entity-type="file" data-entity-uuid="56052bb1-22e3-4e17-9f65-106dd9736afb" src="https://u.today/sites/default/files/inline-images/top10_865.png">Top coins by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
<p class="text-align-justify">The rate of Cardano (ADA) has fallen by 0.75% over the last 24 hours.</p> <img data-entity-type="file" data-entity-uuid="2329cc9c-f004-4a60-9fa5-ccc70706484c" src="https://u.today/sites/default/files/inline-images/ada_252.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>Despite today's fall, the price of ADA keeps trading sideways, accumulating energy for a further move. At the moment, the rate is in the middle of a wide channel.</p>
<p>In this case, consolidation in the range of $0.56-0.64 is the more likely scenario for the current week.</p>
<p>ADA is trading at $0.6050 at press time.</p>
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
<p class="text-align-justify">Binance Coin (BNB) has followed the drop of ADA, going down by almost 3%.</p> <img data-entity-type="file" data-entity-uuid="b55d44c6-9e08-41ab-be9f-04dc5f6a7e0a" src="https://u.today/sites/default/files/inline-images/bnb_249.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily time frame, one should pay attention to the bar closure in terms of the $307 level. If it happens near it, the drop may continue to the important zone of $300 shortly.</p>
<p>BNB is trading at $309.5 at press time.</p>

ADA and BNB Price Analysis for January 1

Innehållsförteckning

U_Today

Andra artiklar publicerade 1 jan. 2024

Meme Moguls’ (MGLS) Fast-Selling Presale and Dogecoin (DOGE) Whales’ Movement Triggers Speculatio...

Investors Turn Eyes to Sub-Dollar Cryptocurrencies as 2024 Approaches

Manta Pacific Surpasses $500 Million in Total Value Locked

Bitcoin’s strong recovery in 2023 outshines gold and S&P 500

Shiba Inu Becomes The Second Most Traded Coin Beating Out Ethereum, Cardano, And XRP

Top 10 Crypto and Blockchain Events In 2024

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!