Cardano

Coin

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p>Most of the coins have returned to the red zone at the beginning of the week, according to <a href="https://u.today/xrp-prediction-for-august-11" rel="noopener noreferrer nofollow">CoinMarketCap</a>.</p> <img data-entity-type="file" data-entity-uuid="ca12434d-0fa3-424a-806c-22917c56b567" src="https://u.today/sites/default/files/inline-images/top10_1290.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 id="ada-usd">ADA/USD</h2>
<p>The rate of Cardano (ADA) has declined by 3.58% over the last 24 hours.</p> <img data-entity-type="file" data-entity-uuid="44052a22-7a65-4a15-b307-a67b1e29b7bc" src="https://u.today/sites/default/files/inline-images/ada1_120.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily chart, the price of ADA is far from the resistance level of $0.3535. Until it is below that mark, bears are more powerful than bulls, and there is a chance to see a further correction to the $0.32 zone.</p>
<p>ADA is trading at $0.3381 at press time.</p>
<h2 id="bnb-usd">BNB/USD</h2>
<p>Binance Coin (BNB) is less of a loser than ADA, falling by 2.71%.</p> <img data-entity-type="file" data-entity-uuid="aea1ff48-447e-4bdb-b159-954d281476ae" src="https://u.today/sites/default/files/inline-images/bnb_282.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
<p>From the technical point of view, BNB is trading similar to ADA. Currently, the rate is far from key levels. The volume remains low, which means none of the sides is ready for a sharp move.&nbsp;</p>
<p>In this case, ongoing sideways trading in the narrow range of $500-$520 is the more likely scenario until the end of the week.</p>
<p>BNB is trading at $513.70 at press time.</p>

ADA and BNB Prediction for August 12

Table of Contents

U_Today

Other articles published on Aug 12, 2024

BNB Chain Announces Winners of Second BNB Incubation Alliance Round

Top Crypto Presales of 2024: Explore Avalanche, the Hidden Gems You Can’t Afford to Miss

Crypto: BlackRock’s Ethereum ETF is about to reach $1 billion in inflows

Solana-Based DePIN Project Raises $18M in Notable Funding Week

Solana Remains on the Security Status Hook Despite SEC's Court Move

On Polymarket, Kamala Harris Crushes Trump! Her Pro-Crypto Strategy is Working

Join our free newsletter for daily crypto updates!