ADA and BNB Price Prediction for February 22

Most of the coins need time to get more energy for a further move, according to CoinStats.

ADA/USD

The price of Cardano (ADA) has risen by 0.22% over the past day.

On the daily chart, ADA keeps going down after a false breakout of the resistance of $0.6391. If today’s bar closes below the previous candle low, the correction may continue to the $0.55 zone.

ADA is trading at $0.5924 at press time.

BNB/USD

Binance Coin (BNB) is one of the biggest gainers today, going up by 2.43%.

Despite today’s rise, the rate of BNB does not have enough power for a continued upward move. Thus, the today’s candle might close far from its peak.

If that happens, traders may expect a local drop to the nearest support of $366.6.

BNB is trading at $379.3 at press time.

Source