ADA and BNB Prediction for August 26

Bulls have failed to hold the weekend’s growth, according to CoinStats.

ADA/USD

The rate of Cardano (ADA) has dropped by 4.3% over the last 24 hours.

The price of ADA has continued yesterday’s drop, which means sellers keep controlling the situation on the market.

If nothing changes by the end of the day, the decline may lead to the test of the $0.36 area soon.

ADA is trading at $0.372 at press time.

BNB/USD

Binance Coin (BNB) is not an exception to the rule, falling by 2.66%.

On the daily chart, there are no reversal signals yet. In this case, the ongoing correction may continue to the $540 area. Such a scenario is relevant until the end of the week.

BNB is trading at $560.40 at press time.

Source