On the last day of the week, bulls keep controlling the situation on the market.
BTC/USD
The rate of Bitcoin (BTC) has declined by almost 3% over the last 7 days.
On the weekly chart, Bitcoin (BTC) has bounced off the mirror level at $22,400, confirming buyers’ power. If the candle fixes above the $23,000 mark, there is a high chance to see a further rise to the nearest resistance level at $24,280 next week.
Bitcoin is trading at $23,090 at press time.
BNB/USD
Binance Coin (BNB) has gained the most value on the list today, rocketing by 8.39%.
Binance Coin (BNB) has continued the rise after the breakout of the vital $300 mark. At the moment, one needs to pay close attention to the $336 level. If bulls can fix above that point, there is a high possibility of a further rise to the $400 zone.
BNB is trading at $316.8 at press time.
ADA/USD
Cardano (ADA) could not show the same performance as BNB, falling by 2% over the last week.
Despite the rise, Cardano (ADA) might need more time to get energy for a continued rise. if buyers can hold the rate above the $0.50 mark and the volume rises, one can expect a test of the resistance level at $0.5472 soon.
ADA is trading at $0.5167 at press time.
Source: https://u.today/btc-ada-and-bnb-price-analysis-for-august-7