According to CoinStats, most coins need time to get more energy for further movement.
ADA/USD
In the last day, Cardano (ADA) price increased by 0.22%.
On the daily chart, ADA continues to decline after a false breakout of the $0.6391 resistance. If today’s bar closes below the low of the previous candle, the correction could continue to the $0.55 zone.
As of this writing, ADA is trading at $0.5924.
BNB/USD
Binance Coin (BNB) is one of the biggest gainers today, up 2.43%.
Despite today’s rally, the BNB rate does not have enough strength for a continued upward movement. Therefore, today’s candlestick may close far from its peak.
If this happens, traders could expect a local breakdown to the nearest support at $366.6.
As of this writing, BNB is trading at $379.3.
